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PSI NATIONAL REAL ESTATE QUESTIONS Answered 100% Correctly| Latest 2024
PSI NATIONAL REAL ESTATE QUESTIONS Answered 100% Correctly|
Latest 2024
PSI NATIONAL REAL ESTATE
QUESTIONS Answered 100% Correctly|
Latest 2024
A legal description in land that includes language like "the old oak tree" or "the big
rock" would be
Metes and bounds
As a licensee is showing a property contiguous to a lake, the licensee notices that
the lake has a large amount of algae. The buyer wishes to make an offer. What
should the licensee do?
Encourage the buyer to have an authoritative party investigate the algae growth.
All the following are protected classifications except
Homosexuals
As licensees usually work as independent contractors, a broker will have a contract
for the independent contractor which (for federal purposes) must outline
Statement that FICA (taxes) are the associates responsibility
In a rescission agreement:
All parties return to original position and earnest money is refunded
Agent A has been working at Brokerage for 4 years. Agent has listed and sold
many but desires to try industrial office sales. What is the best course of action for
houses Agent A?
Move license to an industrial/office
company and train under them
A seller is listing their $350,000 house. They state their property tax bill is $1,110
per year. What should the agent do?
Verify the information with the county
A home warranty will typically provide coverage for which of the following:
Electrical and plumbing systems
The local governments have authority to ensure that properties are being built
properly. Under the authority of police power, the government can adapt and
implement:
Construction standards
A married couple owns a property together as tenancy in entirety. Which of the
following about selling a property as tenancy in entirety is true?
Both spouses must sign the conveyance
What statement is true about asbestos removal
Encapsulation is the safest tactic
An easement is
The right to use another's land
The amount to list a property is best determined by
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- School: South University
- Course: Nursing Fudermentals
- Subject: PSI NATIONAL REAL ESTATE QUESTIONS
- All documents for this course ›
- Subject code: PSI NATIONAL REAL ESTATE QUESTIONS
- All documents for this course ›
- Year of study: 2024
Document
- Section: Examinations
- Made on: 01-23-2024
- Type: .pdf
- Pages: 14
- Language: English
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