Advertising without including a designation disclosing that he or she is performing acts for which a real estate license is required:

both, is a violation., warrants disciplinary action. More test answers on https://studyhippo.com/re-pexam-practice/

8-When does offering a client’s business for sale Require a real estate license? a. Never b. Always c. When the business includes any real estate d. When more than half the value is real estate

-D: selling a business where the real estate is greater than the business. More test answers on https://studyhippo.com/review-questions-for-ny-real-estate-exam/

Yes, as long as the products or services do not include any actions for which a California real estate license is required.

Is it permissible to advertise real estate associated services or products in California without a California real estate license More test answers on https://studyhippo.com/real-estate/

A California Real Estate license is necessary for which of the following?

A mortgage loan broker More test answers on https://studyhippo.com/re-pexam-practice/

Real estate licensees must comply with the Uniform Standards of Professional Appraisal Practice (USPAP) when conducting which value estimates?

Appraisals More test answers on https://studyhippo.com/review-questions-ch-1-3/

3-Which of the following acts would require a real estate license in New York a. Sale of one’s own property b. Sale by the owner’s lawyer c. Sale of land by an auctioneer d. Foreclosure sale by court order

C: selling land at an auction. More test answers on https://studyhippo.com/review-questions-for-ny-real-estate-exam/

What or who regulates & issues real estate licenses in Oklahoma?

The Commission More test answers on https://studyhippo.com/charles-barnes/

The body that oversees and regulates the real estate license law and licensed individuals that participate in the real estate business

Florida Real Estate Commission (commonly referred to as “FREC”) More test answers on https://studyhippo.com/ch-1-3-real-estate-business-license-law-frec-rules/

A Nevada real estate licensee has been advertising his services online to California citizens. Is this permissible?

It is not permissible to solicit California residents if you don’t have a California real estate license. More test answers on https://studyhippo.com/california-real-estate-exam/

Even though certain exceptions apply, an active real estate licensee is legally entitled to appraise real property for compensation concerning a non-federally related transaction

as long as she does not represent herself as a state-certified or licensed appraiser, and complies with the USPAP. More test answers on https://studyhippo.com/review-questions-ch-1-3/

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Real Estate License Flashcards, test questions and answers

Discover flashcards, test exam answers, and assignments to help you learn more about Real Estate License and other subjects. Don’t miss the chance to use them for more effective college education. Use our database of questions and answers on Real Estate License and get quick solutions for your test.

What is Real Estate License?

A real estate license is a document that allows an individual to legally engage in the sale, purchase, and leasing of properties. The purpose of obtaining a real estate license is to ensure that individuals involved in the real estate industry are knowledgeable and experienced, as well as being compliant with local and federal regulations.The process to obtain a real estate license varies from state-to-state but typically includes completing pre-licensing courses, passing an exam, undergoing background checks, and maintaining continuing education requirements. Pre-licensing courses cover topics such as laws governing real property transactions (e.g., contracts), finance (e.g., mortgages), property management (e.g., tenant rights) among others. After completing these courses successfully, applicants must pass an exam in order to receive their license from their state’s regulatory body often referred to as the Real Estate Commission or Department of Licensing & Regulation. In some states applicants may also need to complete additional steps such as submitting fingerprints for background check purposes or providing proof of financial stability before they can be approved for licensure. Once licensed, practitioners must maintain their knowledge by taking continuing education classes every few years in order to renew their license status. Keeping up with changes in legislation and industry practices is essential for those working in the field of real estate as laws and regulations are constantly changing over time along with market trends that impact how properties are bought and sold on a daily basis. Real estate agents must adhere strictly to ethical standards when working with clients; failure to do so can result in disciplinary action by the Real Estate Commission including suspension or revocation of one’s license altogether which could have serious implications on one’s ability work professionally within the field of real estate moving forward if not corrected immediately upon discovery by the governing body responsible for licensure oversight.