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27問 • 1年前
  • ユーザ名非公開
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    問題一覧

  • 1

    The Kentucky real estate commission is required to ______ all evidence to collect with the licensee

    Share

  • 2

    Which of the following statements about the cost of auctioning a property is true

    The auctioneer fees may well be higher than any commission paid in the traditional sale

  • 3

    Josh is appraising a strip mall with 10 retail store Friend which income approach is he using

    Yield capitalization

  • 4

    centennial development constructing a new condo. The exterior of the building is 60 feet square . Which of these about the air lot is true?

    The air lot is the same perimeter as the condo and the lot which it’s built

  • 5

    What’s the best way for a property manager to assess an applicant’s financial status?

    Request a rent-related credit history from a credit reporting company.

  • 6

    Which one of these is an example of the doctrine of estoppel?

    Corrie shows Marvin several properties and prepares CMAs for each. She assists him in making an offer on one. He becomes difficult to work with, and she then says she's not his agent because they don't have a signed agency agreement.

  • 7

    What are improvements with regard to property?

    Artificial attachments to land that include items such as fencing, buildings, and walkways

  • 8

    Headhunters Anonymous rents office space in a large office building owned by CEO Properties. CEO Properties pays all expenses for the property, including taxes, insurance, and routine maintenance. What type of commercial lease does Headhunters Anonymous have?

    Gross lease

  • 9

    Which of the following statements about the licensee’s role in an auction listing transaction is true?

    Licensees will perform most of the same marketing tasks they would perform in a traditional sale.

  • 10

    Which one of the following is a common chimney or fireplace problem?

    Creosote

  • 11

    One of the purposes of the Kentucky Real Estate Education, Research, and Recovery Fund is to ______.

    Fund research projects in the real estate industry for the Commonwealth of Kentucky

  • 12

    Which type of framing involves a single system of wall studs run from the foundation through the first and second floors to the ceiling support?

    Balloon

  • 13

    Why might appraiser Joan have to reconstruct the operating statement when determining NOI?

    Because expenses listed by the accountant aren’t always what the appraiser will use

  • 14

    Insurance claims might not appear on a CLUE report for a property if the claims were made more than ______ years ago.

    seven

  • 15

    What must happen for an easement to be terminated due to abandonment?

    The dominant estate owner takes action that shows a clear intent to stop using the easement.

  • 16

    Why does the Kentucky Real Estate Commission offer two versions of the Consumer Guide to Agency Relationships?

    So that a model policy that’s consistent with the types of agency each brokerage offers is available for brokers to use

  • 17

    Which feature of the Superfund Amendments and Reauthorization Act (SARA) was the most impactful for landowner liability?

    The innocent landowner immunity status option

  • 18

    Which of the following is the most common type of buyer representation agreement

    Exclusive right-to-represent agreement

  • 19

    Monica meets a colleague from another firm, Kate, for lunch, and discovers that a former seller client, Reuben, is now Kate's buyer customer. Monica tells Kate, "You know Reuben inherited a bunch of money right before he sold his house, right?" Which of these statements is true?

    This is a breach of confidentiality because confidentiality survives forever.

  • 20

    Which method of depreciation uses comparable properties’ sales prices to figure out the value of a depreciated item?

    Market extraction

  • 21

    Shira bought a condominium in a planned unit development. The development has a small playground, tennis and basketball courts, and a putting green. Who owns these recreational facilities?

    The condo owners

  • 22

    Lewis and Elliot started a real estate investment business together. After much discussion with their attorney, they decided to incorporate, but in such a way that they are treated like a partnership and don’t have to pay corporate taxes. What form of business do they have?

    Subchapter S corporation

  • 23

    What system uses a central exhaust fan and ducts to move stale air out of a building?

    Ventilation

  • 24

    A capitalization rate is applied to the ______ when using an income capitalization method of appraisal.

    Net operating income

  • 25

    You're measuring the square footage of a single-family home you’ve just built. What national requirements apply to your measurements?

    There are no national requirements.

  • 26

    Seller Martin is looking at his Closing Disclosure. Which one of the following items is he likely to see?

    debits

  • 27

    Which type of analysis performed by a property manager is similar to a highest and best use analysis that an appraiser would use?

    Analysis of alternatives

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    問題一覧

  • 1

    The Kentucky real estate commission is required to ______ all evidence to collect with the licensee

    Share

  • 2

    Which of the following statements about the cost of auctioning a property is true

    The auctioneer fees may well be higher than any commission paid in the traditional sale

  • 3

    Josh is appraising a strip mall with 10 retail store Friend which income approach is he using

    Yield capitalization

  • 4

    centennial development constructing a new condo. The exterior of the building is 60 feet square . Which of these about the air lot is true?

    The air lot is the same perimeter as the condo and the lot which it’s built

  • 5

    What’s the best way for a property manager to assess an applicant’s financial status?

    Request a rent-related credit history from a credit reporting company.

  • 6

    Which one of these is an example of the doctrine of estoppel?

    Corrie shows Marvin several properties and prepares CMAs for each. She assists him in making an offer on one. He becomes difficult to work with, and she then says she's not his agent because they don't have a signed agency agreement.

  • 7

    What are improvements with regard to property?

    Artificial attachments to land that include items such as fencing, buildings, and walkways

  • 8

    Headhunters Anonymous rents office space in a large office building owned by CEO Properties. CEO Properties pays all expenses for the property, including taxes, insurance, and routine maintenance. What type of commercial lease does Headhunters Anonymous have?

    Gross lease

  • 9

    Which of the following statements about the licensee’s role in an auction listing transaction is true?

    Licensees will perform most of the same marketing tasks they would perform in a traditional sale.

  • 10

    Which one of the following is a common chimney or fireplace problem?

    Creosote

  • 11

    One of the purposes of the Kentucky Real Estate Education, Research, and Recovery Fund is to ______.

    Fund research projects in the real estate industry for the Commonwealth of Kentucky

  • 12

    Which type of framing involves a single system of wall studs run from the foundation through the first and second floors to the ceiling support?

    Balloon

  • 13

    Why might appraiser Joan have to reconstruct the operating statement when determining NOI?

    Because expenses listed by the accountant aren’t always what the appraiser will use

  • 14

    Insurance claims might not appear on a CLUE report for a property if the claims were made more than ______ years ago.

    seven

  • 15

    What must happen for an easement to be terminated due to abandonment?

    The dominant estate owner takes action that shows a clear intent to stop using the easement.

  • 16

    Why does the Kentucky Real Estate Commission offer two versions of the Consumer Guide to Agency Relationships?

    So that a model policy that’s consistent with the types of agency each brokerage offers is available for brokers to use

  • 17

    Which feature of the Superfund Amendments and Reauthorization Act (SARA) was the most impactful for landowner liability?

    The innocent landowner immunity status option

  • 18

    Which of the following is the most common type of buyer representation agreement

    Exclusive right-to-represent agreement

  • 19

    Monica meets a colleague from another firm, Kate, for lunch, and discovers that a former seller client, Reuben, is now Kate's buyer customer. Monica tells Kate, "You know Reuben inherited a bunch of money right before he sold his house, right?" Which of these statements is true?

    This is a breach of confidentiality because confidentiality survives forever.

  • 20

    Which method of depreciation uses comparable properties’ sales prices to figure out the value of a depreciated item?

    Market extraction

  • 21

    Shira bought a condominium in a planned unit development. The development has a small playground, tennis and basketball courts, and a putting green. Who owns these recreational facilities?

    The condo owners

  • 22

    Lewis and Elliot started a real estate investment business together. After much discussion with their attorney, they decided to incorporate, but in such a way that they are treated like a partnership and don’t have to pay corporate taxes. What form of business do they have?

    Subchapter S corporation

  • 23

    What system uses a central exhaust fan and ducts to move stale air out of a building?

    Ventilation

  • 24

    A capitalization rate is applied to the ______ when using an income capitalization method of appraisal.

    Net operating income

  • 25

    You're measuring the square footage of a single-family home you’ve just built. What national requirements apply to your measurements?

    There are no national requirements.

  • 26

    Seller Martin is looking at his Closing Disclosure. Which one of the following items is he likely to see?

    debits

  • 27

    Which type of analysis performed by a property manager is similar to a highest and best use analysis that an appraiser would use?

    Analysis of alternatives