Expert, localized Los Angeles answers provided by Heather Roy

Ask Heather about: Mortgages, Finance, Taxes or Home Selling?
  

List of Questions

  What is the biggest disadantage of real estate investment?
1 Managing expertise
2 Highly spectative
3 Liquidity is limited
4 Tax advantage are minimal

Which will involved the Real Estate Board?
1 Dispute solicitation of an unexpired listing
2Dispute over commission
3 unresolved written offer

Real Estate agent must have written consent of his broker for
1 Accept additional employment R.E. settlement
2 Ministerial acts
3To be an instructor
4 assist a client

How long must the broker maintain transaction records?
1 Three years from closing
2 Three years from receipt of documents

Who is ultimatelly responsible for trust account records
1. Principal
2The supervising broker
3 both
4 firm

I borrowed money under a plan on 5 year interest-only, at the end the full amount borowed was due, this is
1 Straight
2partially
3an amortized loan
4 bridge

Thank you, so much



 
  Sorry, but I can't answer your examination questions for you. Look it up in the book.
    Edith
Originally published on October 4, 2007
 
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