Final prep to state exam

A sales associate decides to show properties to a buyer on the buyers race. What is this illegal act know as?

What is the formula to determine the loan to value ratio?

Which tax will not be required in a transaction where the purchaser assumes an existing mortgage?

What determines the assessed value of a property?

To help protect purchasers from fraud and abuse in the sale or lease of land, a property report disclosure is required by the interstate Land Sale Full Disclosure Act that provides all of the following: BUT

There is a dispute over an escrow deposit and the broker intends to fight for a portion. Which of the following remedies would NOT be appropriate?

A real estate licensee refuses to show properties in high-end neighborhoods to minority buyers. This licensee is engaged in which illegal practice?

If a property owner is foreclosed upon, and the foreclosure results in a sale price greater than the amount of the outstanding liens. The excess will likely be paid to which of the following?

Which of the following is true in regards to a quitclaim deed?

In the event of default by a borrower, which mortgage clause will allow a lender to "call the loan" and make the entire balance due and payable?

Bill Carol and Ken form a business where they are all totally responsible for the business actions of each other.

What are the four elements that interact to create or affect the value of real estate?