Azure tide 12 exam Study guides, Class notes & Summaries

Azure Tide 12 Exam Questions with Correct Answers A contract for deed is also called a land contract. - Answer-True Florida is a title theory state. - Answer-False, Florida is a Lien Theory state When a buyer assumes an existing mortgage, a partial release will be issued which verifies the amount of the unpaid balance, interest rate, and date to which interest has been paid prior to the assignment. - Answer-False Hypothecation allows a person to live in a home that has been pledged as ...

Azure Tide Real Estate School Exam General Questions (2023 Update with 100% Correct Answers) Azure Tide Real Estate School Exam General Questions (2023 Update with 100% Correct Answers) Six duties of the broker as a fiduciary are : - ANSWER- COLD + AC - C = Care, skill and diligence - O = Obedience, - L = Loyalty, - D = Disclosure, - A = Accounting, - C = Confidentiality OR OLD CAR - O = Obedience, - L = Loyalty, - D = Disclosure, - C = Confidentiality - A = Accou...

Azure Tide Real Estate Exam Questions & 100% Correct Answers Azure Tide Real Estate Exam Questions & 100% Correct Answers 1) The following are types of residential construction EXCEPT which one? - ANSWER- A) Block Homes 5) Broker Justin Tune had conflicting demands from a buyer and a seller regarding an escrow deposit held by the brokerage. Per his contract with the parties, Justin believed he was entitled to keep 50% of the deposit for himself. What action with the court could Justin req...

A contract for deed is also called a land contract. - ANSWER-True Florida is a title theory state. - ANSWER-False, Florida is a Lien Theory state When a buyer assumes an existing mortgage, a partial release will be issued which verifies the amount of the unpaid balance, interest rate, and date to which interest has been paid prior to the assignment. - ANSWER-False Hypothecation allows a person to live in a home that has been pledged as collateral. - ANSWER-True For every discount poi...

Azure Tide Real Estate Exam 2 Already Passed Gross Rental Multiplier (GRM) is an easy-to-use a calculation to get an estimated value for a potential investment. What is the formula used to calculate the GRM value? Sale Price (Market Value )/ Gross Monthly Rental Income = Gross Rent Multiplier (GRM) Jill bought a house 3 years ago and paid $175,000 for it and spent $7,000 in closing costs. Since, then she has made several improvements to the property for $75,000. Jills boss promoted her to VP o...