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Author Archives: Anonymous

Which of the following would NOT be conveyed to a buyer with…

Which of the following would NOT be conveyed to a buyer with a bill of sale?

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In a state where joint tenancy is legal, how does the last l…

In a state where joint tenancy is legal, how does the last living survivor hold title to the property?

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What is a seller’s agent required to disclose to prospective…

What is a seller’s agent required to disclose to prospective buyers about material defects in the property?

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All of these are violations of federal antitrust laws EXCEPT

All of these are violations of federal antitrust laws EXCEPT

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“In states where it is legal, a broker is permitted to repre…

“In states where it is legal, a broker is permitted to represent both the seller and the buyer in the same transaction when”

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“Salesperson A has a 70/30 agreement for commission splits w…

“Salesperson A has a 70/30 agreement for commission splits with their Broker A. The salesperson receives 70%, while the broker retains the remaining 30%. Salesperson A lists a property for $500,000 with a 2.5% listing commission, and a concession offer of 2.5% for a cooperating broker that brings a qualified buyer to the deal. Salesperson B has a 60/40 split, respectively, with their Broker B. Salesperson B brings a qualified buyer to the deal, and the property closes for a sale price of $475,000. What is the total amount the seller will pay towards commissions? “

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“There are five different brokerage signs in the front yard….

“There are five different brokerage signs in the front yard. Evidently, the seller has signed”

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Which section of a township is commonly known as the school…

Which section of a township is commonly known as the school section?

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“When someone dies “”testate,”” it means that they have a va…

“When someone dies “”testate,”” it means that they have a valid will.”

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Title is considered transferred when the deed is actually si…

Title is considered transferred when the deed is actually signed and acknowledged by the grantor.

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