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Author Archives: Anonymous

61. What is the description of the township located due sout…

61. What is the description of the township located due south of T3N, R2W?

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91. A building rents for $32 per square foot with an index o…

91. A building rents for $32 per square foot with an index of 1.6. The index increases to 1.9. What is the adjusted rental rate?

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41. Which term describes a strip of land that separates resi…

41. Which term describes a strip of land that separates residential homes from commercial development?

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90. A prospective purchaser of a residential condominium uni…

90. A prospective purchaser of a residential condominium unit sends written notification to the listing broker stating her desire to cancel the contract within the allowable rescission period. The seller instructs the broker to retain the earnest money deposit as liquidated damages. The broker is legally authorized to

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54. A type of real estate investment that offers diversifica…

54. A type of real estate investment that offers diversification and liquidity and that is similar in form to a mutual fund is called

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89. A contract for sale and purchase stipulates that the sel…

89. A contract for sale and purchase stipulates that the seller will pay for title insurance. The contract further states that the seller will choose the title insurance company. Which statement applies to this situation?

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21. Which statement is FALSE regarding postdated earnest mon…

21. Which statement is FALSE regarding postdated earnest money checks?

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78. Which document must a prospective buyer of an existing (…

78. Which document must a prospective buyer of an existing (resale) condominium unit receive?

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74. A written contract for sale and purchase of commercial p…

74. A written contract for sale and purchase of commercial property that utilized designated sales associates failed to close. Which statement is TRUE regarding the retention of brokerage relationship disclosure documents?

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64. The SE1/4 of the NW1/4 and the NE1/4 of the SW1/4 of Sec…

64. The SE1/4 of the NW1/4 and the NE1/4 of the SW1/4 of Section 19 contains how many acres?

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