B. Here’s the math: $180,000 (Assessed Value) – $7,000 (Homeowner’s Exemption) = $173,000 (Taxable Value) $173,000 (Taxable Value) × 0.01 (Tax Rate) = $1,730 (Annual Tax) $1,730 (Annual Tax) × 0.50 = $865 (First Tax Payment)
B. Commingling is the mixing of broker’s and client’s funds and it is illegal.
A. Generally, the deposit is not deposited until the offer is accepted.
D. The 1866 Civil Rights Act prohibits discrimination on the basis of race, with no exceptions.
A. States and local jurisdictions can generally pass antidiscrimination laws that are more strict than the federal laws.
C. The law requires that the mobile home must be able to remain in place for at least a year in order for it to be advertised for sale.
A. This is the definition of a blind ad.
A. Records must be kept three years from the closing date or three years from the listing date if the transaction didn’t close.
D. All of these items would be covered.
A. This is essentially what an unlicensed assistant does.
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