An escrow agen - Study guides, Class notes & Summaries

Civil Service practice for Louisiana state Exam 150 Questions with Verified Answers Which of the following statements is true regarding Purchase Agreements? Select one: a. They must have a definite expiration date. b. They do not have to have an expiration date. c. A copy must be filed with the Real Estate Commission. d. A copy must be retained by the broker for 10 years. - CORRECT ANSWER They must have a definite expiration date. Under what conditions may a person or comp...

Texas Real Estate Exam PREP Questions and Answers 100% Solved An unlicensed assistant is showing property for her broker. Which of the following penalties would apply and to whom? Both the broker and the unlicensed assistant would be subject to fines by TREC The listing presentation went welland the seller has agreed to list with the broker. The listing agreement has not been signed but the broker has an appointment with the sell The broker must wait for the written permission to place the sig...

Civil Service practice for Louisiana state Exam 150 Questions with Verified Answers Which of the following statements is true regarding Purchase Agreements? Select one: a. They must have a definite expiration date. b. They do not have to have an expiration date. c. A copy must be filed with the Real Estate Commission. d. A copy must be retained by the broker for 10 years. - CORRECT ANSWER They must have a definite expiration date. Under what conditions may a person or comp...

Real Estate Exam – Oregon Questions And Answers 100% Correct !!!

1. Before administrative agencies' rules become law, there must be congressional approval. 2. An administrative agency is neither a legislative nor a judicial body. 3. Administrative agencies can exist at any level of gov- ernment. 4. Administrative agencies are created by some legisla- tive body. 5. An enabling act is an act approving rules promulgat- ed by an administrative agency. true true true true false 6. Administrative agencies serve as courts for hearings true on rule violations. ...

Single entry items must be accounted for in the broker's statement Which entry would appear as a credit on the seller's closing statement purchase price The document that stipulates which party pays which expense in a closing is the purchase and sale contract An earnest money deposit held in escrow is reflected on the closing statement as a credit to the buyer In the absence of any agreement between the parties, the state documentary stamp tax on the deed is paid by the seller In a ...