National Real Estate Exam Prep Answered 100% Correctly 2024
National Real Estate Exam Prep Answered
100% Correctly 2024
Unilateral Contract
Contract containing ONE promise given in exchange for completing an act. NO
obligation to act.
Bilateral Contract
Contract containing TWO promises. Example: A listing agreement is a bilateral
contract
Client/Principal
A person who has entered into an agency relationship w/ a licensee & with whom
there is a written contract
Customer
Any 3rd party w/ whom a licensee works
In-Company Transaction
Transaction in which the buyer and seller are both represented by the same
brokerage.
Management-Level License
A licensee who is employed by or affiliated w/ a brokerage who has supervisory
responsibility over other licensees.
Statute of Frauds requires the following:
1) Certain contracts be in writing to be enforceable, 2) All real estate contracts for
the sale of LAND & ALL LEASES for more than one year, options for more than
6 months, must be in writing & signed by all parties.
Novation
Substituting a new obligation for an old one. Also, a transfer of rights and/or duties
under contract.
If the original party to an agreement is replaced due to novation, are they liable?
No
Mailbox Rule
Acceptance that becomes effective as soon as it is sent in the mail, unless the
contract specified a certain means for delivery.
Grantor is the
Owner
Grantee is the
Buyer
Optionor is the
biod 121 module 1 exam nutrition portage learning california notary public exam california notary public practice exam danb general chairside exam ekg nha food manager exam hawaii notary exam hawaii notary public exam issa final exam mha 705 module 7- exam 7 napsr new generation nclex comprehensive exit exam nfhs football ngn ati comprehensive predictor 2023 nsg nursing osha 30 construction osha 30 final exam pharmacology prophecy ekg strips|relias dysrhythmia basic test a prophecy rn pharmacology a reca residential exam west coast emt block 2 exam west coast emt final exam wgu c182 introduction to it
Knoowy is een top site waar je veel samenvattingen op kan vinden.
Zeer goed in gebruik en betrouwbaar. Zelf zou ik er ook samenvattingen op plaatsen.
Knoowy is voor ons een extra verkoopkanaal en biedt de mogelijkheid samenvattingen online te verkopen.
Prima ervaring, vlotte betaling, alles vlot kunnen downloaden Zeker voor herhaling vatbaar.
Het uploaden en verkopen van mijn documenten verloopt altijd super vlot, alles word eigenlijk al door Knoowy geregeld! Leuk dat medestudenten ook iets aan mijn documenten hebben!
Samenvattingen zijn eenvoudig te bestellen en te downloaden via de website. Aan te raden.
Betrouwbare website. Helpt me goed bij het studeren en herhalen.
Goed voor als je een samenvatting nodig hebt of de leerstof niet zo goed snapt, maar ook voor als je bijles nodig hebt.