Louisiana Real Estate Practice Exams Save
(National)
Practice questions for this set
Learn 1 /7 Study using Learn
suggest the buyer ask a lawyer to furnish the wording
Give this one a go later!
1 Real property can be converted to personal property by:
The buyer wants to make the purchase offer contingent on a complex mortgage arrangement.
The buyer's agent who is drawing up the contract should:
3 Depreciation is calculated based on the:
, A homeowner is willing to let his neighbor park an RV in his backyard. He does NOT want to
4 make the permission permanent in case he dislikes others who might move next door in the
future. What should he give his neighbor?
Press any key to continue Don't know? Continue
Terms in this set (151)
According to the 1988 amendment to the $16,000 for the first offense
Fair Housing Act of 1968, a person found
guilty of violating the law can receive a civil
penalty not exceeding:
According to the principle of progression, a most homes are larger than the sale home
three-bedroom, one-story home is MOST
likely to bring the highest sales price if
located in a neighborhood in which:
According to the Truth-in-Lending Act, if prepayment penalties and rebates
any "trigger terms" are used in an ad, all of
the following disclosures MUST appear in
the ad EXCEPT the:
,The act of sale and the documents Purchase Agreement
produced at the act of sale are based on
which of the following ?
After unsuccessful negotiations, Joe went to personal easement in gross
court to gain regular access to his property.
The judge likely granted Joe a (an):
An agency relationship between a property a management agreement
owner and a property manager is usually
created by:
An agent puts an ad in the newspaper for a Cozy for one or two
studio apartment in the city. Which of the
following ad statements does not violate
the Fair Housing Act?
, Agent Thurmond has a listing that is in a disclose the material fact about the flood hazard to the
flood hazard area that floods often and has buyer.
been deemed ineligible for flood
insurance.That condition would make the
property ineligible for typical federally-
related first mortgage financing. Agent
Thurmond is representing only the seller in
this transaction. Agent Thurmond has
received an offer from a potential buyer
that plans to pay cash and would not be
required to have flood insurance because
he is not getting a mortgage. Agent
Thurmond must:
All of the following agencies are included in FHA
the secondary mortgage market EXCEPT
the:
All of the following might legally terminate an economic depression
a listing with a broker EXCEPT:
(National)
Practice questions for this set
Learn 1 /7 Study using Learn
suggest the buyer ask a lawyer to furnish the wording
Give this one a go later!
1 Real property can be converted to personal property by:
The buyer wants to make the purchase offer contingent on a complex mortgage arrangement.
The buyer's agent who is drawing up the contract should:
3 Depreciation is calculated based on the:
, A homeowner is willing to let his neighbor park an RV in his backyard. He does NOT want to
4 make the permission permanent in case he dislikes others who might move next door in the
future. What should he give his neighbor?
Press any key to continue Don't know? Continue
Terms in this set (151)
According to the 1988 amendment to the $16,000 for the first offense
Fair Housing Act of 1968, a person found
guilty of violating the law can receive a civil
penalty not exceeding:
According to the principle of progression, a most homes are larger than the sale home
three-bedroom, one-story home is MOST
likely to bring the highest sales price if
located in a neighborhood in which:
According to the Truth-in-Lending Act, if prepayment penalties and rebates
any "trigger terms" are used in an ad, all of
the following disclosures MUST appear in
the ad EXCEPT the:
,The act of sale and the documents Purchase Agreement
produced at the act of sale are based on
which of the following ?
After unsuccessful negotiations, Joe went to personal easement in gross
court to gain regular access to his property.
The judge likely granted Joe a (an):
An agency relationship between a property a management agreement
owner and a property manager is usually
created by:
An agent puts an ad in the newspaper for a Cozy for one or two
studio apartment in the city. Which of the
following ad statements does not violate
the Fair Housing Act?
, Agent Thurmond has a listing that is in a disclose the material fact about the flood hazard to the
flood hazard area that floods often and has buyer.
been deemed ineligible for flood
insurance.That condition would make the
property ineligible for typical federally-
related first mortgage financing. Agent
Thurmond is representing only the seller in
this transaction. Agent Thurmond has
received an offer from a potential buyer
that plans to pay cash and would not be
required to have flood insurance because
he is not getting a mortgage. Agent
Thurmond must:
All of the following agencies are included in FHA
the secondary mortgage market EXCEPT
the:
All of the following might legally terminate an economic depression
a listing with a broker EXCEPT:
