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SC PSI Real Estate Exam Prep Questions and Answers
SC PSI Real Estate Exam Prep Questions and Answers Which of the following describes the term appreciation? - Correct Answer ️️ -An increase in the value of property When ownership of a mortgage is transferred from one company or individual to another, it is called: - Correct Answer ️️ -An assignment A mortgage loan which requires the remaining balance be paid at a specific point in time is called a: - Correct Answer ️️ -Balloon mortgage The following reason accounts for why b...
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SC PSI Real Estate Exam Prep Questions and Answers Which of the following describes the term appreciation? - Correct Answer ️️ -An increase in the value of property When ownership of a mortgage is transferred from one company or individual to another, it is called: - Correct Answer ️️ -An assignment A mortgage loan which requires the remaining balance be paid at a specific point in time is called a: - Correct Answer ️️ -Balloon mortgage The following reason accounts for why b...
South Carolina Real Estate Exam Questions and Answers
South Carolina Real Estate Exam Questions and Answers Mindy, a South Carolina resident, is buying a new home. She'll occupy the home as her primary residence. It has a fair market value of $220,000 and is in an area with a millage rate of .350. What can she expect to pay in property taxes? - Correct Answer ️️ -$3,080 **Fair market value is multiplied by the assessment ratio to calculate the property's assessed value. For primary residences, this ratio is 4%. This is then multiplied ...
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South Carolina Real Estate Exam Questions and Answers Mindy, a South Carolina resident, is buying a new home. She'll occupy the home as her primary residence. It has a fair market value of $220,000 and is in an area with a millage rate of .350. What can she expect to pay in property taxes? - Correct Answer ️️ -$3,080 **Fair market value is multiplied by the assessment ratio to calculate the property's assessed value. For primary residences, this ratio is 4%. This is then multiplied ...
SC Real Estate- State portion Study Guide with Complete Solutions
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SC Real Estate - Chapter 1 Questions and Answers
SC Real Estate - Chapter 1 Questions and Answers Real Estate - Correct Answer ️️ -Air, water, land, and everything affixed to the land. May be owned privately by individuals and private entities, or publicly by government entities. Land - Correct Answer ️️ -- Surface area of the earth - Everything beneath the surface of the earth extending downward to its center - All natural things permanently attached to the earth - The air above the surface of the earth extending outward to inf...
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SC Real Estate - Chapter 1 Questions and Answers Real Estate - Correct Answer ️️ -Air, water, land, and everything affixed to the land. May be owned privately by individuals and private entities, or publicly by government entities. Land - Correct Answer ️️ -- Surface area of the earth - Everything beneath the surface of the earth extending downward to its center - All natural things permanently attached to the earth - The air above the surface of the earth extending outward to inf...
SC REAL ESTATE EXAM REVIEW 2024 QUESTIONS AND ANSWERS
SC REAL ESTATE EXAM REVIEW 2024 QUESTIONS AND ANSWERS how often do realtors renew licenses - Correct Answer ️️ -every 2 years by June 30th which I the end of the fiscal year how many hours of continuing education do you need - Correct Answer ️️ -8 hrs every 2 years how long do you need to wait to reinstate your license after it is revoked - Correct Answer ️️ -1 yr can a broker in charge be over move than 1 branch office at a time - Correct Answer ️️ -yes broker in charg...
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SC REAL ESTATE EXAM REVIEW 2024 QUESTIONS AND ANSWERS how often do realtors renew licenses - Correct Answer ️️ -every 2 years by June 30th which I the end of the fiscal year how many hours of continuing education do you need - Correct Answer ️️ -8 hrs every 2 years how long do you need to wait to reinstate your license after it is revoked - Correct Answer ️️ -1 yr can a broker in charge be over move than 1 branch office at a time - Correct Answer ️️ -yes broker in charg...
SOUTH CAROLINA REAL ESTATE EXAM PRACTICE QUESTIONS WITH CORRECT SOLUTIONS
SOUTH CAROLINA REAL ESTATE EXAM PRACTICE QUESTIONS WITH CORRECT SOLUTIONS The amount per $1,000 used to calculate taxes on property is the - Correct Answer ️️ - milliage rate The common name of the hazardous-waste cleanup fund established by the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) is - Correct Answer ️️ -superfund May eviction and foreclosure notices be delivered electronically in South Carolina? - Correct Answer ️️ -NO How many year...
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SOUTH CAROLINA REAL ESTATE EXAM PRACTICE QUESTIONS WITH CORRECT SOLUTIONS The amount per $1,000 used to calculate taxes on property is the - Correct Answer ️️ - milliage rate The common name of the hazardous-waste cleanup fund established by the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) is - Correct Answer ️️ -superfund May eviction and foreclosure notices be delivered electronically in South Carolina? - Correct Answer ️️ -NO How many year...
SC Real Estate Review 2024 Questions and Answers 100% Pass
SC Real Estate Review 2024 Questions and Answers 100% Pass The ___ establishes an agency relationship between the prop owner as principal and the brokerage as agent - Correct Answer ️️ -listing agreement the LA does which of the following - Correct Answer ️️ -creates an agency relationship between the listing brokerage and the property owner a brokerage agreement whereby the property owner hires 1+ brokerages, agrees to compensate only 1 brokerage who produces a buyer, and reserve...
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SC Real Estate Review 2024 Questions and Answers 100% Pass The ___ establishes an agency relationship between the prop owner as principal and the brokerage as agent - Correct Answer ️️ -listing agreement the LA does which of the following - Correct Answer ️️ -creates an agency relationship between the listing brokerage and the property owner a brokerage agreement whereby the property owner hires 1+ brokerages, agrees to compensate only 1 brokerage who produces a buyer, and reserve...
SC Real Estate PSI Exam Review 2024 Questions and Answers
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Earth Science Exam Review 2024 with Complete Solutions
Hondros Nursing 172 Exam 2 Questions and Answers 100% Pass
Oregon Pesticide Examination: Ornamental and Turf Herbicide Questions and Answers 100% Pass
Xcel Solutions Property & Casualty Exam Questions and Answers
INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
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