<% if Session("bValidUser") = False then response.redirect "login.asp" end if %> Chapter 16

Chapter 16

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Chapter 16 Info
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12
Chapter 13
Chapter 14
Chapter 15
Chapter 16
Chapter 17

 

 

FLASH CARDS - CLICK HERE 
Vocabulary is extremely important. If you don't know the words - you can't even think about answering the question. Print these flash cards and take them with you wherever you go. When you have a minute - study the cards. 

 

FILL-IN THE BLANK EXERCISES 
These fill-in exercises should be attempted after studying Chapter 16. This is a good exercise to repeat often - especially right before the state exam. 

Fill-in each of the blanks by typing the word or words right on your screen. When you have completed all the blanks, click on check. Your correct answers will remain on the screen and the incorrect answers will again be blank. If you really must, you may click on the hint button. Place the cursor in the desired blank and click on the hint button. The hint button will show the first letter of the ideal answer.

FILL-IN EXERCISE 1 - CLICK HERE
This exercise tests you on your knowledge of the commissioner, the director and the directors duties, the disciplinary board, licensed activities, and licenses and pocket cards. 

 

FILL-IN EXERCISE 2 - CLICK HERE 
This exercise starts out testing you on your knowledge of leasing agents, the requirements to become a salesperson and broker and the need for an auctioneer's license. 

 

FILL-IN EXERCISE 3 - CLICK HERE 
Exercise 3 starts with the employment and termination of agents, sponsor cards, brokerage office and branch office regulations.



FILL-IN EXERCISE 4 - CLICK HERE 

Test yourself on important topics such as license expirations, inoperative licensees, reciprocal licensing, continuing education, compensation and disclosure of compensation, referral fees, affinity relationships and inducements.


FILL-IN EXERCISE 5 - CLICK HERE 
What can an unlicensed assistant do? This gap exercise tests your knowledge on licensed and unlicensed personal assistants, employment agreements, and the rules regarding a licensee's corporation set-up to receive compensation. 

 

FILL-IN EXERCISE 6 - CLICK HERE 
This section tests you on advertising, licensee status disclosure, and internet advertising rules. Rules a licensee must follow in selling their own properties are tested here. 

 

FILL-IN EXERCISE 7 - CLICK HERE
Written agreements, brokerage agreements, stigmatized properties, and guaranteed sales plans are all found in this section. 

 

FILL-IN EXERCISE 8 - CLICK HERE
This section covers violations of the act and disciplinary procedures. Unlicensed practice of the real estate and specific license act violations are in this section. 

 

FILL-IN EXERCISE 9 - CLICK HERE
What happens if your check to the OBRE is returned NSF? If you have a broker's license, can you use your home as your office? Violations of the tax act, being delinquent on a student loan and being delinquent in child support are grounds for loss of license. You'll find some questions on the Real Estate Recovery fund on every  state exam. Test yourself on these items in this section.  

 

FILL-IN EXERCISE 10 - CLICK HERE
What if someone files a complaint against you - what's going to happen next. Check out Hearings, Investigations and Notice, Statute of Limitations, and the Real Estate License Administration Fund and the Real Estate Research and Education Fund. 

 

FILL-IN EXERCISE 11 - CLICK HERE
Extremely important for the state exam is this section on Escrow Regulations. Escrow Moneys, Time of Deposit, Book Keeping Systems, Consent to Audit Escrow Accounts, Book Keeping Systems, Record Keeping, and the forms of real estate business ownership. 

 

 

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