Jill, a broker specializing in subdividing, owns ten acres of unimproved land. County zoning ordinances for the area allow five houses to be built on each acre. The county will permit a maximum of fifty houses. This is known as:

When using the sales comparison approach, the appraiser will evaluate the selected comparables and not make adjustments for:

You are preparing an offer for the buyer. The buyer needs a loan for $500,000 in order to purchase the house. Which of the following specifics must be noted in the financing contingency?

Which does not apply to adjustable rate loans?

The broker represents both the buyer and seller as clients in the sale of a house at 123 Main Street, and:

A buyer has defaulted and not met the terms of a sales contract. The seller insists on completion of the terms which means suing for:

If a full price offer from a minority is rejected because of the buyer's race, then the licensee should:

The real estate licensee is required to disclose in writing to clients and customers material facts that they know. This would include:

Enforcement of the federal Fair Housing laws is the responsibility of:

The income approach would be utilized in appraising a:'

The top 4 floors of a 12-story hotel are zoned for residential and office condos. When verifying the zoning at the county, the term used is:

The legal description for a parcel of land originates with:

At time of listing, the seller stated that his septic system worked without fail for the past two years. In a dry weather period, the listing salesperson found a very wet condition in the rear yard where the seller said his septic system was located. The listing salesperson suspected a poorly operating septic system. The seller insisted that the septic system was operating properly. The listing salesperson should do all of the following EXCEPT:

When disclosing material facts to clients and customers, the real estate licensee should be careful to:

A deed is a document that conveys an interest or a right in real property while the grantor is alive. Which document conveys title to real property upon death?

The difference between market value of an investment property and the total debt on the property is:

The real estate licensee carefully prepares a listing and sales contract so that all the information is accurate and personalized to the clients situation. The Law of Agency that best describes this duty is:

An accountant wants to sublet his small office space for $1,000 per month. The space measures 40 feet by 25 feet. To find a tenant the salesperson must advertise the available space in the local newspaper. If you put the annual rental rate in the advertisement, then it would be:

Which of the following is the best evidence of marketable title?

Covenants prohibit a basketball net in the front yard. The owner ignores this covenant. The community association sends a formal letter to the owner notifying him that the HOA attorney will soon apply for a(n):