Real Estate Sales License 2 Questions With Accurate
Answers
one month - accurate answers-Mortgage interest is usually prorated over a
period of ___________________ .
buyer's - accurate answers-If the seller has paid the property taxes prior to
closing, you prorate the taxes by prorating the ______________ portion of the tax
bill.
seller's - accurate answers-If the seller has NOT paid the property taxes prior
to closing, you prorate of the tax bill .
receives a prorated refund - accurate answers-If the seller has paid the
property taxes prior to closing, at closing the seller ________________ .
must make a prorated payment - accurate answers-If the seller has NOT paid
the property taxes prior to closing, at closing the seller ________________________ .
a refund in the "Credit" section - accurate answers-When the seller has paid
the property taxes prior to closing, the seller's prorated portion of the taxes is
entered as _________________ .
a payment in the "Marketing Costs" section - accurate answers-When the
seller has NOT paid the property taxes prior to closing, the seller's prorated
portion of the taxes is entered as __________________ .
buyer - accurate answers-A seller has paid the property taxes before closing,
which occurs on March 11. The first step in prorating the taxes is to count the
number of the days the property is owned by the ______________ .
buyer - accurate answers-A seller has paid the property taxes before closing,
which occurs on October 20. The first step in prorating the taxes is to count
the number of days the property is owned by the ________________ .
19 - accurate answers-A seller has paid the property taxes before closing,
which occurs on March 11. For how many days is the buyer responsible for
taxes IN THE MONTH OF CLOSING?
,10 - accurate answers-A seller has paid the property taxes before closing,
which occurs on October 20. For how many days is the buyer responsible for
taxes IN THE MONTH OF CLOSING ?
12 - accurate answers-A seller has paid the property taxes before closing,
which occurs on September 18. For how many days is the buyer responsible
for taxes IN THE MONTH OF CLOSING ?
0 - accurate answers-A seller has paid the property taxes before closing, which
occurs on June 30. For how many days is the buyer responsible for taxes IN
THE MONTHLY OF CLOSING?
57 - accurate answers-A seller has paid the property taxes before closing,
which occurs on November 3. For how many days is the buyer responsible for
taxes IN THE ENTIRE TAX YEAR ?
135 - accurate answers-A seller has paid the property taxes before closing,
which occurs on August 15. For how many days is the buyer responsible for
taxes IN THE ENTIRE TAX YEAR ?
73 - accurate answers-A seller has paid the property taxes before closing,
which occurs on October 17. For how many days is the buyer responsible for
taxes IN THE ENTIRE TAX YEAR ?
$2.85 - accurate answers-The annual property taxes on a property being sold
are $1026. What is the amount of the tax due per day ?
$1.8111 - accurate answers-The annual property taxes on a property being
sold are $652. What is the amount of the tax due per day ?
$50.84 - accurate answers-A seller has paid the property taxes of $832 before
closing, which occurs on December 8. What is the amount of the seller's
prorated tax refund at closing ?
$323.10 - accurate answers-A seller has paid the property taxes of $1436
before closing, which occurs on October 9. What is the amount of the seller's
prorated tax refund at closing ?
,seller - accurate answers-A seller has NOT paid the property taxes before
closing, which occurs on April 24. The first step in prorating the taxes is to
count the number of days the property is owned by the _____________ .
seller - accurate answers-A seller has NOT paid the property taxes before
closing, which occurs on March 20. The first step in prorating the taxes is to
count the number of days the property is owned by the _____________ .
90 - accurate answers-A seller has NOT paid the property taxes before closing,
which occurs on April 24. For how many days is the seller responsible for
taxes PRIOR TO THE MONTH OF CLOSING ?
60 - accurate answers-A seller has NOT paid the property taxes before closing,
which occurs on March 20. For how many days is the seller responsible for
taxes PRIOR TO THE MONTH OF CLOSING ?
106 - accurate answers-A seller has NOT paid the property taxes before
closing, which occurs on April 16. For how many days is the seller responsible
for taxes FOR THE ENTIRE TAX YEAR ?
62 - accurate answers-A seller has NOT paid the property taxes before closing,
which occurs on March 2. For how many days is the seller responsible for
taxes FOR THE ENTIRE TAX YEAR ?
31 - accurate answers-A seller has NOT paid the property taxes before closing,
which occurs on February 1. For how many days is the seller responsible for
taxes FOR THE ENTIRE TAX YEAR ?
$186.55 - accurate answers-A seller has NOT paid the property taxes of $738
before closing, which occurs on April 1. What is the amount of the seller's
prorated tax payment at closing ?
$207.15 - accurate answers-A seller has NOT paid the property taxes of $944
before closing, which occurs on March 19. What is the amount of the seller's
prorated tax payment at closing ?
do nothing, since no entry is required - accurate answers-If the seller has NOT
paid the homeowner's insurance policy prior to closing, in completing the
Estimated Net to Seller, you must ____________________ .
, do nothing, since no entry is required - accurate answers-If the seller has paid
the homeowners's insurance policy prior to closing, and the buyer will
purchase a new policy, in completing the Estimated Net to Seller, you must
_______________________ .
prorate the amount of the seller's refund - accurate answers-If the seller has
paid the homeowner's insurance policy prior to closing, and the buyer will
assume the seller's policy, in completing the Estimated Net to Seller, you must
_____________ .
the buyer - accurate answers-A seller has paid the homeowner's insurance
policy before closing, which occurs on March 14, and the buyer is assuming
the seller's policy. The first step in prorating the insurance is to count the
number of days the property is owned by ______________ .
16 - accurate answers-A seller has paid the homeowner's insurance policy
before closing, which occurs on March 14, and the buyer is assuming the
seller's policy, which ends on October 20.
For how many days is the buyer responsible for the insurance IN THE MONTH
OF CLOSING ?
8 - accurate answers-A seller has paid the homeowner's insurance policy
before closing, which occurs on October 22, and the buyer is assuming the
seller's policy, which ends on December 12.
For how many days is the buyer responsible for the insurance IN THE MONTH
OF CLOSING ?
62 - accurate answers-A seller has paid the homeowner's insurance before
closing, which occurs on November 5, and the buyer is assuming the seller's
policy which ends on January 7.
For how many days is the buyer responsible for the insurance IN THE ENTIRE
YEAR ?
Answers
one month - accurate answers-Mortgage interest is usually prorated over a
period of ___________________ .
buyer's - accurate answers-If the seller has paid the property taxes prior to
closing, you prorate the taxes by prorating the ______________ portion of the tax
bill.
seller's - accurate answers-If the seller has NOT paid the property taxes prior
to closing, you prorate of the tax bill .
receives a prorated refund - accurate answers-If the seller has paid the
property taxes prior to closing, at closing the seller ________________ .
must make a prorated payment - accurate answers-If the seller has NOT paid
the property taxes prior to closing, at closing the seller ________________________ .
a refund in the "Credit" section - accurate answers-When the seller has paid
the property taxes prior to closing, the seller's prorated portion of the taxes is
entered as _________________ .
a payment in the "Marketing Costs" section - accurate answers-When the
seller has NOT paid the property taxes prior to closing, the seller's prorated
portion of the taxes is entered as __________________ .
buyer - accurate answers-A seller has paid the property taxes before closing,
which occurs on March 11. The first step in prorating the taxes is to count the
number of the days the property is owned by the ______________ .
buyer - accurate answers-A seller has paid the property taxes before closing,
which occurs on October 20. The first step in prorating the taxes is to count
the number of days the property is owned by the ________________ .
19 - accurate answers-A seller has paid the property taxes before closing,
which occurs on March 11. For how many days is the buyer responsible for
taxes IN THE MONTH OF CLOSING?
,10 - accurate answers-A seller has paid the property taxes before closing,
which occurs on October 20. For how many days is the buyer responsible for
taxes IN THE MONTH OF CLOSING ?
12 - accurate answers-A seller has paid the property taxes before closing,
which occurs on September 18. For how many days is the buyer responsible
for taxes IN THE MONTH OF CLOSING ?
0 - accurate answers-A seller has paid the property taxes before closing, which
occurs on June 30. For how many days is the buyer responsible for taxes IN
THE MONTHLY OF CLOSING?
57 - accurate answers-A seller has paid the property taxes before closing,
which occurs on November 3. For how many days is the buyer responsible for
taxes IN THE ENTIRE TAX YEAR ?
135 - accurate answers-A seller has paid the property taxes before closing,
which occurs on August 15. For how many days is the buyer responsible for
taxes IN THE ENTIRE TAX YEAR ?
73 - accurate answers-A seller has paid the property taxes before closing,
which occurs on October 17. For how many days is the buyer responsible for
taxes IN THE ENTIRE TAX YEAR ?
$2.85 - accurate answers-The annual property taxes on a property being sold
are $1026. What is the amount of the tax due per day ?
$1.8111 - accurate answers-The annual property taxes on a property being
sold are $652. What is the amount of the tax due per day ?
$50.84 - accurate answers-A seller has paid the property taxes of $832 before
closing, which occurs on December 8. What is the amount of the seller's
prorated tax refund at closing ?
$323.10 - accurate answers-A seller has paid the property taxes of $1436
before closing, which occurs on October 9. What is the amount of the seller's
prorated tax refund at closing ?
,seller - accurate answers-A seller has NOT paid the property taxes before
closing, which occurs on April 24. The first step in prorating the taxes is to
count the number of days the property is owned by the _____________ .
seller - accurate answers-A seller has NOT paid the property taxes before
closing, which occurs on March 20. The first step in prorating the taxes is to
count the number of days the property is owned by the _____________ .
90 - accurate answers-A seller has NOT paid the property taxes before closing,
which occurs on April 24. For how many days is the seller responsible for
taxes PRIOR TO THE MONTH OF CLOSING ?
60 - accurate answers-A seller has NOT paid the property taxes before closing,
which occurs on March 20. For how many days is the seller responsible for
taxes PRIOR TO THE MONTH OF CLOSING ?
106 - accurate answers-A seller has NOT paid the property taxes before
closing, which occurs on April 16. For how many days is the seller responsible
for taxes FOR THE ENTIRE TAX YEAR ?
62 - accurate answers-A seller has NOT paid the property taxes before closing,
which occurs on March 2. For how many days is the seller responsible for
taxes FOR THE ENTIRE TAX YEAR ?
31 - accurate answers-A seller has NOT paid the property taxes before closing,
which occurs on February 1. For how many days is the seller responsible for
taxes FOR THE ENTIRE TAX YEAR ?
$186.55 - accurate answers-A seller has NOT paid the property taxes of $738
before closing, which occurs on April 1. What is the amount of the seller's
prorated tax payment at closing ?
$207.15 - accurate answers-A seller has NOT paid the property taxes of $944
before closing, which occurs on March 19. What is the amount of the seller's
prorated tax payment at closing ?
do nothing, since no entry is required - accurate answers-If the seller has NOT
paid the homeowner's insurance policy prior to closing, in completing the
Estimated Net to Seller, you must ____________________ .
, do nothing, since no entry is required - accurate answers-If the seller has paid
the homeowners's insurance policy prior to closing, and the buyer will
purchase a new policy, in completing the Estimated Net to Seller, you must
_______________________ .
prorate the amount of the seller's refund - accurate answers-If the seller has
paid the homeowner's insurance policy prior to closing, and the buyer will
assume the seller's policy, in completing the Estimated Net to Seller, you must
_____________ .
the buyer - accurate answers-A seller has paid the homeowner's insurance
policy before closing, which occurs on March 14, and the buyer is assuming
the seller's policy. The first step in prorating the insurance is to count the
number of days the property is owned by ______________ .
16 - accurate answers-A seller has paid the homeowner's insurance policy
before closing, which occurs on March 14, and the buyer is assuming the
seller's policy, which ends on October 20.
For how many days is the buyer responsible for the insurance IN THE MONTH
OF CLOSING ?
8 - accurate answers-A seller has paid the homeowner's insurance policy
before closing, which occurs on October 22, and the buyer is assuming the
seller's policy, which ends on December 12.
For how many days is the buyer responsible for the insurance IN THE MONTH
OF CLOSING ?
62 - accurate answers-A seller has paid the homeowner's insurance before
closing, which occurs on November 5, and the buyer is assuming the seller's
policy which ends on January 7.
For how many days is the buyer responsible for the insurance IN THE ENTIRE
YEAR ?
