4. a salesperson that performs residential sales with one broker, but sells time share property for another, a broker that is active in more than one brokerage firm, An individual passes the real estate license examination, then sends in his license application. 3. 3. Which of the following statements is correct? Not flaggedFlag question 4. must be displayed in the branch office where she is assigned, must be kept at the employing brokers main place of business, Two brokers are involved in a dispute over splitting a commission. . Which of the following disclosures must Ben make? 3. a tenant who refers a prospective tenant to the landlord 4. the renewal fee, plus proof of errors and omissions insurance, which person can hold more than one concurrent license issued by the board? 1. for failure to pay an assessment to the TRF 2. the owner, as long as he finds a ready, willing, and able buyer Method 1 Qualifications and Education 1 Find out the licensing requirements where you live. 4. larceny, the board may investigate a complaint based on: 2. meet the current educational requirements The exact steps you'll need to take to become a licensed agent will differ a little depending on where you live, but in most places, you'll need to take a few real estate courses and pass a licensing exam. 3. return all customers cards to the employing broker 2. automatically fine the licensee for $1000, then schedule a hearing Find, (A) limxf(x)\lim\limits_{x\rightarrow\infty}f(x)\qquadxlimf(x)(B) limxf(x)\lim\limits_{x\rightarrow-\infty}f(x)\qquadxlimf(x) (C ) limx2f(x)\lim\limits_{x\rightarrow2}f(x)x2limf(x), Production opportunities; time preferences for consumption; risk; inflation. what should the salesperson do? Box 1339 Jefferson City, MO 65102-1339 573.751.2628 Telephone 573.751.2777 Fax . Harry sells three houses, then runs off with all the funds.
4 Ways to Become a Real Estate Agent - wikiHow Ben suggests that he may be able to help. the authority of a court order, b. an attorney at law who participates in real estate B. Violates the Virginia Real Property Act 4. plans to hold an open house, an award from the transaction recovery fund will result in: 3. yes, because suzy must communicate directly with billy 1. suspend the respondents license This action would violate the Real Estate Board regulations unless: Which of the following statements is correct? principal? 1. salaried rental property personnel, accepting lease applications on behalf of another 30 hours before he can actually receive his license, VA license law defines a brokers place of business as a: Ben and Jerry are communicating for the first time via instant messages. C. $20 every two years 2. listing salesperson Loyalty; 3. According to Virginia regulations: 43-40-1(2)(B)). .3. the ad makes false or misleading statements 10,000 1. the licensee named in the claim must post a bond in order to continue practicing real estate In the end, these clients decide to stay where they are and to quit looking for a home. 4. 2. cooperating brokers, concerning commission splits
Licensees - DRE - California Department of Real Estate Yes, Cindy may accept this rental listing because brokerage fees are always negotiable between the owner and the agent 3. the office must have a separate license 2. the licensee may be exempt from the VA landlord tenant act 3. an attorney who is offering real property for sale under court order 2. a licensee accused in the claim must sell all personal possessions to satisfy the claim 1. will be issued a temp license by board 4. all of the above, Robert the Broker wants to stay on top of technological trends. 3. be actively licensed for the last 48 months in their home state 3. such actions could be viewed as creative selling, which does not violate license law or board regulations
Authorized Real Estate Schools | Mass.gov 3. enable licensed real estate professionals to earn more money 1. suspending the persons license 1. $20,000 2. the broker must limit this incentive program to 30 days 4. none of the above, A consumer may file a Transaction Recovery Fund claim for a loss sustained as the result of a licensee's fraudulent act. Which of the following statements must be incorrect? 3.1.1 A public member shall not be, nor have been within the last five (5) years prior to the effective date of appointment, a real estate licensee. 4. part of a franchise firm, the VREB regulations require that complete records of real estate transactions: 20,000 C. Does not pay the Transaction Recovery Fund assessment 2. an administrator who is required to sell a house in order to liquidate an estate 3. Foster used the security deposits of two tenants (Petri and Gonzales) for general maintenance on the apartment building. 1. make brokers and salespersons more professional Jack makes the required disclosures in the middle of his email, in bold lettering. 2. a consumer that has been defrauded in a real estate transaction which of the following must be incorrect? 10,000, if the board has authorized payment from the transaction recovery fund, what is the effect for the licensee who committed the misconduct? 3. administer the transaction recovery act Unfortunately, Craig has been so busy that he hasn't taken any continuing education yet. 3. put the check in her escrow 2. a fine only 1. should contact the local realtors association and obtain a temp license to sell property Bill dies, so Jan wants to allow Gene (a salesperson with 8 years experience) to replace him. The owner specifies how much she wants to receive from the sales proceeds, then allows the broker to propose a selling price. Which entity would NOT involve itself in resolving the matter? 1. 1. gene should send his license to the board and request an associate brokers license 4. both 1 & 2, A licensee presents a full-price offer to the seller, subject to a home inspection. 4. all of the above, a real estate license could be suspended without investigation if the licensee: 2. the renewal fee, plus $20 payment for the transaction recovery fund 4. submit a copy of each office lease to establish that the location does exist, designate one location as the main office, A seller gave a friend power-of-attorney in order to consummate the sale of her personal residence. 2. he can pay a fine to extend the renewal date 4. a receiver in a bankruptcy proceeding, A licensee is on vacation when his license expires. 3. chairman of the board Who is most likely to collect? 4. administer the residential property disclosure act, establish standardized listing and sales contract agreements, If a salesperson or associate broker changes her principal place of residence, Virginia License Law requires that: Question text 1. reimburse financial losses caused by licensee misconduct 3. only if the salesperson is an employee of the broker, not an independent contractor $20 every year 2. a salesperson with 5 years experience may run the office The actual misuse of trust funds by converting them to the broker's own use. During this period, Adam:
North Carolina Real Estate Commission - NCREC 1. the renewal fee 1. larry the developer 1. in VA, anyone who sells real property must have a real estate license 120 hours 3. their licenses must be returned to the board 3. it must be supervised by an on premises principal or associate broker A. person has to apply to the Real Estate Recovery Fund after final 1. a broker and a salesperson, involving employment conditions 1. a trustee who is required to sell a house at foreclosure RULE 20 CSR 2250-10.100 Continuing Education Requirements for Licensees (3) states, "At least three (3) hours of the twelve (12) hours of approved instruction shall be taken in a course identified by the Missouri Real Estate Commission and noticed on its official website, no later than March 31 of each even . His license is automatically reinstated 2. maintain an escrow account in VA 4. this is a violation of VA license law, if a salesperson is accused of violating license law, the real estate board will: 4. complies with the regulations, so long as it is at least 12 point, bold font, John is holding an open house. 3. automatically revoke the brokers license 4. brokers must renew their licenses every two years in the month that it was issued, brokers must renew their licenses every two years in the month that it was issued, a non resident VA salesperson is required to do which of the following? 4. the VA association of realtors, the VA real estate board is empowered to do all of the following, except: 3. a rental location agent C. Only to revoke the license, as provided by Virginia law 4. ask the court to attach any commissions due the salesperson, pending outcome of the investigation, send a copy of the charges to the salespersons broker at the brokers place of business, every real estate office in VA is required to: 1. a resident of VA An assessment from active licensees to restore the fund to the minimum balance 3. a tenant, seeking to recover a security deposit from his landlord 1. this is permitted since it is only done occasionally 3. that she is acting as a referral agent only, and is not active in selling and listing 4. selling salesperson, a broker advertises property listed with her firm in a newspaper. 4. the salesperson broker is automatically charged with the same violation, an investigation will be conducted unless the law specifically provides otherwise, hearings before the VA real estate board must be held in accordance with the: 10 hours, Two individuals want to form a real estate partnership in Virginia.
ORS 696.301 - Grounds for discipline 4. ben must disclose his username, ben must disclose his firm name, city, and state, A developer has prepared an advertisement, offering several lots for sale. 1. his or her broker 1. a broker or a salesperson that has been drafted in a real estate transaction 2. designate one location as the main office 1. the principal broker 2. branch license C) Terry, 43, who worked as a real estate licensee until he was 28. A licensee has been found to have committed acts prohibited by 2. be a US citizen A real estate licensee may be disciplined by the Pennsylvania real estate commission for which of the following reasons? A common misconception among consumers is that real estate agent and realtor are interchangeable terms. 1. a person acting without compensation under power of attorney This ad is in violation of the Virginia License Law because: 3. the salesperson cannot be paid Mary didn't realize until January that her license had expired. 696.301. What will happen to Craig's license if he doesn't complete the required courses before renewal? 4. to comply with federal law, which person is required to hold a real estate license? 3. yes, so long as larry is a broker 2. acceptable, as a result of the listing contract 4. both 2 & 3, Jane has been out of town on personal business. 1. attest to a prescribed level of competency 3. rent apartments for a small fee 4. none of the above, people from hungary are moving into the neighborhood, Salesperson Ellen shows many different properties to her clients over the course of several weeks. 2. does not comply with the regulations Rainy tells Cindy that she wants $500 per month for the rental and Cindy may have any amount over $500. 1. 1. a written complaint According to the real estate commissions regulations, an 4. under no circumstances, for failure to pay an assessment to the TRF, the purpose of the transaction recovery fund is to: 2. if he gives his current broker 30 days notice A. Several weeks after closing, the seller sent him $250 and a thank you note for a job well done. Which of the following disclosures is Ben most likely required to make? 3. conversion 4. the licensee is not subject to the rules and regulations of the board, the license may be exempt from the VA landlord tenant act, which of the following persons is not exempt from the licensure requirements? 1. 4. be a virginia resident for at least 1 year, An unlicensed investor plans to open a real estate brokerage business. 4. the salesperson can be aid if she retakes the state licensing exam, the salesperson is entitled to receive her commission, Incorrect 2. at least 30 hours per week 4. kerra must wait until there is sufficient money in the fund before payment, kerra filed suit against the local association of realtors, when a claim is paid from the transaction recovery fund, which of the following is true? 1. maintain an office in the state of VA A real estate licensee may be disciplined for a. placing a For Sale sign on a property with the written consent of the owner. 4. supreme court judicial procedures act, Sarah Smith sees an ad from Broker Mark for a custom built home with mountain views, hardwood floors, a theatre room, and a professional kitchen. Gene agrees to split the commission with Susan, but advises neither the seller nor the buyer of the agreement. For failure to pay an assessment to the TRF within 10 days 4. none of the above, what is the purpose of VA's real estate laws, rules, and regulations? 2. the broker, as a necessary expense to establish her innocence 3. one of the partners may be unlicensed 1. yes, because deposits are held to cover the cost of repairs