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PSI practice exam Questions and answers, Graded A+

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PSI practice exam Questions and answers, Graded A+ Real property can be converted to personal property by - ✔✔severance Federal Truth-in-Lending laws are also known as - ✔✔Regulation Z ... A contract has been drawn which obliges the sellers to convey title to their land to the buyers if the buyers come up with $22,000 on or before December 31st. This is called: - ✔✔an option contract woman owns a tract of land that also is a servient tenement. The easement over, through, or under the tract is an - ✔✔encumbrance In an exclusive right to sell listing agreement, how many agents are involved - ✔✔one All of the following agency relationships could be used to describe a cooperating broker in a real estate transaction EXCEPT - ✔✔a subagent A partial release clause generally is found in a - ✔✔blanket mortgage Most likely to act as a general agent for a client - ✔✔property manager An easement would be utitlized in - ✔✔right of way Brokers who violate the Sherman Antitrust Act may be punished by a max prison term of - ✔✔three years [Show More]

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