Psi real estate exam Study guides, Class notes & Summaries
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PSI REAL ESTATE SALESPERSON EXAM 1 2023 / 2024 ACTUAL UPDATE ALL DONE SOLUTION
- Exam (elaborations) • 40 pages • 2023
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PSI REAL ESTATE SALESPERSON EXAM 1 
 
What is the period of time set for adverse possession in Ohio? 
Correct Answer: 
21 years 
 
What type of lease establishes a rental payment and requires the lessor to pay for the taxes, insurance, and maintenance on the property? 
Correct Answer: 
Gross 
 
Who represents the commission at hearings? 
Correct Answer: 
The Ohio attorney general 
 
State laws differ whether a buyer is entitled to know about? 
Correct Answer: 
A suicide that occurred in the hous...
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024
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PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 
A written agreement in which a purchaser agrees to buy and a seller agrees to sell is 
called ️ a contract 
Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting 
other brokers in the marketplace. 
2. dividing the market to restrict competition. 
3. agreeing to set sales commissions and management rates. 
When a sewer line is installed down a rural road, the cost will probabl...
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PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+
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PSI Real Estate Exam (MD State Portion) Latest 2023 Graded A+ Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) 
Regulation is enacted and enforced by MD Real Estate Commission (MREC) 
Brokerage Services: For consideration: - *Selling, buying, exchanging, or leasing* any real estate or collecting rent - Assisting to *locate/obtain* for purchase/lease any residential real estate - Serving as a consultant 
En...
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PSI NATIONAL REAL ESTATE EXAM 2024 | ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS WITH RATIONALE | ALREADY GRADED A+
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PSI NATIONAL REAL ESTATE EXAM 2024 | ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS WITH RATIONALE | ALREADY GRADED A+
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New Jersey PSI Real Estate Exam With complete solutions.
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New Jersey PSI Real Estate Exam With 
complete solutions. 
Water Rights ️ The terms "littoral," "riparian," and "appropriative" refer to 
A salesperson lists a property with a contract that allows for subagency and dual 
agency. The salesperson is ️ an agent to the broker and a subagent to the 
principal. 
Depreciation is calculated based on the ️ Cost of the building only. 
When a property owner uses his home as collateral for a loan and creates a lien in 
favor of the lender, title...
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COLORADO PSI REAL ESTATE ACTUAL EXAM 2024-2025 WITH 200 REAL EXAM QUESTIONS AND 100% CORRECT ANSWERS WITH RATIONALES(GUARANTEED PASS) COLORADO REAL ESTATE PSI ACTUAL EXAM QUESTIONS WITH CORRECT ANSWERS (BRAND NEW!!)
- Exam (elaborations) • 57 pages • 2024
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COLORADO PSI REAL ESTATE ACTUAL EXAM WITH 200 REAL EXAM QUESTIONS AND 100% CORRECT ANSWERS WITH RATIONALES(GUARANTEED PASS) COLORADO REAL ESTATE PSI ACTUAL EXAM QUESTIONS WITH CORRECT ANSWERS (BRAND NEW!!) 
Colorado law requires buyers to be notified of the source of water for residential 
properties, how does the buyer receive this notice? 
A. The buyer's listing contract 
B. The water department sends a notice after closing 
C. Contract to Buy and Sell or listing contract 
D. Seller...
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PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass
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PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass 
Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. Coal Notice 
Three conditions that must be met for a mobile home to be considered real estate 1. Mobile home is transferred in conjunction with and as a part of an assignment of a land lease or the transfer of an interest in land on which the mobile home is situated; or 2. Mobile home is...
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Oregon Real Estate Exam (PSI) Questions with Verified Answers | Latest 2023/2024
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Oregon Real Estate Exam (PSI) Questions with Verified Answers | Latest 2023/2024 
How many consecutive years of non-use of water does one lose their water rights in 
Oregon? ️ 5 consecutive years, the right is considered forfeited 
Who must register the business name? ️ Principal Broker, must register the 
business name with REA-(Real Estate Agency) under their name. 
How long must real estate documents be kept? ️ 6 years, from the date the 
transaction was accepted, rejected, or withdrawn...
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PSI Exam Questions and Answers 100% Pass
- Exam (elaborations) • 48 pages • 2023
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PSI Exam Questions and Answers 100% Pass what would prevent a seller from providing marketable title Mechanics lien 
the seller has required that the buyer must use his title insurance company and that brokers reduce their portion of the real estate commission, increasing the sellers net proceeds This is illegeal according to respa 
If a license mentions MLS when advertising, the advertisement must include the name of the MLS 
According to the New Jersey Real estate Licensing Laws, which of the ...
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PSI Real Estate Salesperson exam 1 Questions Solved Correctly (Latest Update 2023) 68 Questions
- Exam (elaborations) • 33 pages • 2023
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PSI Real Estate Salesperson exam 1 Questions Solved Correctly (Latest Update 2023) 68 Questions