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1. Looking at the long history of US home prices adjusted for inflation (1890 to 2008), how long has it historically taken for US home prices to double (for the same type and size of house in the same location)?
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Adjusted for inflation, had US real estate prices ever declined nationally before 2007?
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Can the value of a home drop so much that it has to be given away in order to find a new owner?
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In real estate the definition of land includes ONLY what is on the surface of the earth and attached by nature such as trees.
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All of these statements are characteristics of land: All parcels of land are different; land is essentially indestructible; and, land is fixed in its location.
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There are only two (2) categories of property: (1) Real Property, and (2) Improved Property.
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How much is the amount of basic real property tax that may be imposed by a province?
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Documentary stamps tax (DST) is one of the taxes due on sale, exchange, and transfer of capital and ordinary assets. What is the rate to be applied for the DST of the gross selling price or zonal value plus value of a house or building in the lot?
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What is the tax payable to the local government unit for sale, transfer or other disposition of real estate, whether the real estate is a capital or ordinary asset?
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Amortization
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Balloon Payment
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Buyers Equity
Trying to make a quiz to pass real estate exam
Questions: 15 | Attempts: 6
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Sample QuestionWhat would happen if there was rescission to a contract?
The Texas Real Estate Exam is administered by the Texas Real Estate Commision to aspiring salespersons, real estate agents, inspectors and brokers applying to be licensed. Texas has been widely recognized as a very wealthy city...
Questions: 10 | Attempts: 100
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Sample QuestionWhat was Texas named by George Bush?
Real estate deals with lands, buildings, resources as well as several other immovable properties. This necessitates that people who desire to own and trade it must have a profound knowledge of it. With these simple questions...
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Sample QuestionWhat is the intermediary who acts between owners and clients called?
If you are in any of this businesses, then you certainly need to pass this Exam to be certified. Here we have compiled a list of questions that you are likely to face when you take the test. Just start answering the questions to...
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Sample QuestionThe Gibbs family bought a home in a rural area about 9 years ago, and now the federal government plans to build a rail track right through the back of their land. If the project is completed, will the value of the home reduce?
The Illinois Real Estate Exam is administered by the State of Illinois Department of Financial and Professional Regulation Bureau of Real Estate Professions for aspiring real estate brokers, Managing brokers, Leasing Agents, Real...
Questions: 10 | Attempts: 100
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Sample QuestionWhich is a type of real estate loan?
California Real Estate is one of the expensive estate in the United States in which there is in need of a compulsory education and training in acquiring its license of ownership. In addition, license applicants must be a citizen...
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Sample QuestionWhich of these requirements is not included in obtaining California Real Estate license?
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Sample QuestionThe minimum downpayment on a VA loan is
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Sample QuestionA type of mortgage in which the lender makes periodic payments to the borrow, who is required to be age 62 or older in the FHA program, is called
General/Fundamentals of Real Estate Service
Questions: 40 | Attempts: 5
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Sample QuestionHow much is the amount of basic real property tax that may be imposed by a province?
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Sample QuestionWhich one is Real Estate?
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Sample QuestionThere is an updated Bug Ticket Process. What is this new update? Select the best answer
Take this quick quiz to see if you're prepared for the major changes that are happening in the real estate market!
Questions: 9 | Attempts: 9
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Sample QuestionIn 2017, which generation is expected to be the majority of homebuyers?
The real estate branch is blossoming these days and it sure is a great opportunity to get involved in. Solve this quiz to see if you can make it in real estate.
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Sample QuestionWhat's exclusive agency listing?
Trying to make a quiz to pass real estate exam
Questions: 15 | Attempts: 10
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Sample QuestionWhat would happen if there was rescission to a contract?
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Sample QuestionThe first record keeping system:
Trying to make a quiz to pass real estate exam
Questions: 15 | Attempts: 10
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Sample QuestionWhat would happen if there was rescission to a contract?
REE3043 Exam #2 Review
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Sample QuestionThe monthly gross rent multiplier is defined as the monthly gross rent divided by the sale price of the property
An Act to enhance the mobility of disabled persons by requiring certain buildings; institutions, establishments, and public utilities to install facilities and other devices.
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Sample QuestionAny person violating any provision of BP 344 and regulations promulgated hereunder shall, upon conviction by a court of competent jurisdiction, suffer the penalty of
Trying to make a quiz to pass real estate exam
Questions: 15 | Attempts: 10
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Sample QuestionWhat would happen if there was rescission to a contract?
Trying to make a quiz to pass real estate exam
Questions: 15 | Attempts: 10
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Sample QuestionWhat would happen if there was rescission to a contract?
Questions: 35 | Attempts: 51
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Sample QuestionJack purchased a life insurance policy on his own life and never designated a beneficiary. In this case, the life insurance policy death benefit is:
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Sample QuestionWhen a U.S. citizen dies and bequeaths property to his U.S. citizen spouse, the marital deductions is limited to the following amount:
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Sample QuestionA document that lists the summary of a transaction and is where key pieces of information can be quickly found.
This quiz will test your knowledge of Section 1 of the training module and will focus on the basics of real estate to give you a good foundation for learning all other subsequent material.
Questions: 13 | Attempts: 203
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Sample QuestionFixed property that cannot be taken from the property such as buildings, fixtures, and the land itself is called what?
Questions: 39 | Attempts: 51
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Sample QuestionGrandmother Joes contributed $2.5mm to a revocable trust. She has a life expectancy of 24 years and she will receive an 8% per year annuity from the trust. At her ddeather, the corpus will be paid to her granddaughter, Lisa. What is Grandmother Jones's taxable gift?
What you know about the home buying process!
Questions: 3 | Attempts: 8
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Sample QuestionWhat’s the minimum down payment required to buy a house?
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Sample QuestionRegarding a designated broker:
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Sample QuestionWhich search will reveal whether a land is registered or unregistered?
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Sample QuestionA contract wherein both sides must perform.
To be the best real estate agent in town and bring in the best sales you have to know what you are selling and the target audience. Fill out this second real estate questionnaire and see just how ready you are to sell people...
Questions: 60 | Attempts: 155
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Sample QuestionA BUYER OF A RESIDENCE, PRIOR TO THE CLOSE OF ESCROW, ASKS THE BROKER FOR PERMISSION TO MOVE INTO THE PROPERTY. THE BROKER SHOULD:
To be the best real estate agent in town and bring in the best sales you have to know what you are selling and the target audience. Fill out this first real estate questionnaire and see just how ready you are to sell people a...
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Sample QuestionMORTGAGE YIELD IS BEST DESCRIBED AS:
