The ce shop test Study guides, Class notes & Summaries

CE SHOP ARKANSAS PRACTICE TEST QUESTIONS AND ANSWERS 2024/2025;(92% OF OUR STUDENTS PASSED) Alexi signed a time-share purchase contract on the Wednesday before Memorial Day weekend. What is the last day he can possibly submit a cancellation notice to the seller? A. On Memorial Day B. The day after Memorial Day C. The day before Memorial Day D. The Friday before Memorial Day Ans- B. The day after Memorial Day Since the fifth day after the signing of the contract is a holiday (...

CE Shop Practice Test – GA Latest Update with Verified Solutions Lacey works for a government agency as an office space location specialist. Her role is to gather information and locate office space for government agencies. Does she need a real estate license? No, government employees are an exception to the real estate license requirement. Which of the following is a legitimate and legal way that an exclusive right-to-sell listing agreement may terminate without the seller owing a commissio...

The CE Shop 2023-2024 Test Questions with Correct Answers Compared to working without a buyer agency agreement, a buyer who works under a buyer agency - ANSWER Receives a higher level of service Switches that are warm to the touch, damaged panels, and lights that dim or flicker when other appliances are in use can be signs of a(n) ______ problem. - ANSWER Electrical In which of the following situations would an agent be representing a customer in a real estate purchase? - AN...

______ is a process in which an appraiser determines a probable range of values for a property by comparing a group of comparable sales to the subject. The appraiser attempts to include both superior and inferior units of comparison, such as age, transaction price, etc. Bracketing Bridging Substituting Surrounding - ANSWER Bracketing The number of properties available describes this factor that influences value. Demand Scarcity Transferability Utility - ANSWER Scarcity Relate...

THE CE SHOP 2023 Test Questions with Correct Answers Which entity creates regulations governing real estate activities in Washington? - ANSWER Real Estate Commission Brokers must deliver transactional documents and contracts to their managing or designated brokers within how many business days? - ANSWER Two Firm financial management is a designated broker responsibility in Washington, but financial oversight can be delegated to ______. - ANSWER Managing br...

CE Shop National Exam 2024 Latest Guide with complete solutions;actual questions and answers solved 100% Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 states that its purpose, in part, is to require that real estate appraisals used in connection with federally related transactions be performed ______. By licensed real estate professionals By members of the Appraisal Foundation In the most expeditious and inexpensive way possible In writing, a...

When performing a market analysis, given the adjusted sales prices of three comparables, which comparable would you weigh most heavily? -The one that had more upward adjustments than the others -The one that required less adjustment -The one with an adjusted sales price higher than the actual sales price -The one with the adjusted sales price lower than the actual sales price The one that required less adjustment **The comparable that required less adjustment overall (including both upward...

60 Hour CE shop Final Exam Questions and Answers 100% Pass A real estate licensee can provide which of the following opinions? - An opinion regarding the appraisal value of a property - An opinion regarding the effect of breaking an existing agreement to accept a new offer - An opinion regarding the listing price - An opinion regarding whether a roof needs to be replaced - Answer-Answer = An opinion regarding the listing price How many hours of real estate coursework must a managing bro...

THE CE SHOP PRACTICE TEST SC REAL ESTATE QUESTIONS AND ANSWERS 100% PASS When performing a market analysis, given the adjusted sales prices of three comparables, which comparable would you weigh most heavily? -The one that had more upward adjustments than the others -The one that required less adjustment -The one with an adjusted sales price higher than the actual sales price -The one with the adjusted sales price lower than the actual sales price The one that required less adjustment ...

CE Shop 2023-2024 Test Questions and Answers All Correct Which regulation defines the duties and responsibilities of real estate professionals? - ANSWER Code of Virginia Title 54.1 Chapter 21 What is defined in VAC Title 18, Agency 135, Chapter 20? - ANSWER The Virginia Real Estate Board's licensing regulations What is the VREB authorized to do? - ANSWER et requirements and standards of conduct for real estate licensees as well as enforce Virginia's real esta...