Real Estate Expertise Challenge
3 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the penalty for acting as a broker, affiliate broker, time share salesperson, or acquisition agent without first obtaining a license?

  • Fine of $1,000
  • Class B misdemeanor (correct)
  • Class C misdemeanor
  • Class A misdemeanor

    • What is the maximum amount of liability covered by the Real Estate Education and Recovery Account per transaction or for the duration of any licensee's career?

  • $20,000
  • $15,000 (correct)
  • $30,000
  • $10,000

    • What is the definition of Corporeal in real estate?

  • Rights granted to a developer for the development of a project
  • Conditions or occurrences that have negative impact on the value of real estate
  • The right to possess visible, tangible real property or personal property (correct)
  • Non possessory rights, intangible rights in real property

    • More Like This

    Real Estate Expertise
    5 questions

    Real Estate Expertise

    PoliteSkunk avatar
    PoliteSkunk
    Expertise Immobilière
    31 questions

    Expertise Immobilière

    EducatedPedalSteelGuitar avatar
    EducatedPedalSteelGuitar
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser