Absolute auction - Study guides, Class notes & Summaries

Absolute Auction correct answersAfter the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve correct answerswhen auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors Auction with reserve and the sellers reserving the right to bid correct answersThe auctioneer may withdraw the goods at any time unti...

Market - A buyer wants to spot buy propane. Which analysis process should be used to determine when to buy? a. Demand b. Supply c. Performance d. Market Mean Absolute Deviation - Forecasts are never completely accurate. Which calculation demonstrates the degree of accuracy? a. Weighted moving average b. Absolute value of errors c. Mean Absolute Deviation d. Economic Order Quantity Developing alternate procurement operations locations - An entity located on the Gulf of Mexico is deve...

Absolute Auction - After the auctioneer calls for bids on an article or lot, that article or lot cannot be withdrawn unless no bid is made within a reasonable time Auction with reserve - when auctioneer may withdraw the property at any time until he or she announces the completion of the sale. The potential bidders are the offerors Auction with reserve and the sellers reserving the right to bid - The auctioneer may withdraw the goods at any time until he announces completion of the sale -...

2 step application for land divisions - Owners first apply for preliminary plan approval, and then they apply for final plat approval. A plat is a map and other documents comprising a land division's specifications and details, which will be recorded in public records. a canceled lien is called a - lien release a condo owner can remove walls if - they own adjoining units Absolute Auction - highest bidder gets the property and there is no minimum bid acknowledgement - recognition for a not...

Auction Exam Questions With 100% Correct Answers Absentee Bid - answerA procedure that allows a bidder to participate in the bidding process without being physically present. Generally, a bidder submits an offer on an item prior to the auction. Absentee bids are usually handled under an established set of guidelines by the auctioneer or auction company. The particular rules and procedures of absentee bids are unique to each auction company. Absentee Bidder - answerA person (or entity) tha...

Auction Exam Questions With 100% Correct Answers Absentee Bid - answerA procedure that allows a bidder to participate in the bidding process without being physically present. Generally, a bidder submits an offer on an item prior to the auction. Absentee bids are usually handled under an established set of guidelines by the auctioneer or auction company. The particular rules and procedures of absentee bids are unique to each auction company. Absentee Bidder - answerA person (or entity) tha...

ACEABLE AGENT PRINCIPLES OF REAL ESTATE 2 QUESTIONS AND ANSWERS, GRADED A+/ 100 lots or more - -The Interstate Land Sales Full Disclosure Act is applicable to developers involved in the Interstate sale or lease of: 5280 feet - -1 mile A developer - -Develops unimproved land prior to resale or lease A subdivider - -Divides unimproved land into smaller parcels for resale or lease Absolute Auction - -also known as a no-reserve auction, it is an auction in which there is no reserve or rest...

Reserve correct answers A confidential price is the minimum amount the seller will accept. Absolute correct answers The property is sold to the highest bidder, no matter what the bid is. Minimum bid correct answers The auctioneer sets and publishes the price at which bidding begins. Lot correct answers An item or group of items going up for sale (in auctions where multiple items are being sold) Go on the block correct answers Go up for auction; refers to auctioneer's podium and the ...

ACEABLE AGENT REAL ESTATE PRINCIPALS 2 QUESTIONS AND ANSWERS GRADED A+ VERIFIED. . Foreclosure Auction - -A third-party trustee sells the property at a foreclosure auction. 1974 - -The federal Real Estate Settlement Procedures Act (RESPA) was enacted in _____. Absolute Auction - -Absent of any reserve or restriction on price. Abstract of Title - -An ____ ____ _____ is an abbreviated history of a property, including info on any transfers, grants, wills, conveyances, liens, and encumbrances...

Auction CORRECT ANSWER method of sale of real or personal property, goods, or chattels, at a predetermined date and time, by means of verbal exchange, regular mail, telecommunications, the internet, an electronic transmission, or a physical gesture between an auctioneer and members of the audience Auctioneer CORRECT ANSWER any person who engages or who by advertising or otherwise holds the person out as being able to engage in the calling for recognition of and the acceptance of offers the pu...