How much profit the seller includes is unknown to the buyer, and therefore the buyer cannot calculate the seller's profit (Choice C). The buyer understands that the seller is legally obligated to complete the contract for the agreed price, and may not realize any profits at all.
The buyer understands that the seller is legally obligated to complete the contract for the agreed price, and may not realize any profits at all. The seller accepts this risk. PMBOK® 12.1.1.9, pg 362 How does the Close Procurement process support the Close Project or Phase process? Choices A, B and D really don't apply to Close Procurements.
Terms such as bid, tender, or quotation are generally used when the seller selection decision will be based on price. PMBOK® 12.1.3.3, pg 368 Which of the following is NOT a tool or technique used with the Close Procurements process?
The buyer understands that the seller is legally obligated to complete the contract for the agreed price, and may not realize any profits at all. The seller accepts this risk.
2. A person who closes an escrow transaction in connection with the purchase, sale, or financing of real estate is. a bank teller. a real estate broker. an attorney. a closing agent. 4. A person who closes an escrow transaction in connection with the purchase, sale, or financing of real estate is. an attorney.
must complete 24 hours of approved broker management courses. must be a resident of Indiana for at least 3 years. must have held an Indiana real estate broker's license for 3 years. must have a 4-year college degree. 1. A managing broker. must have a 2-year college degree. must be a resident of Indiana.
an account used by the Real Estate Commission to pay out claims against brokers. an account used for the deposit and disbursement of funds for an escrow transaction. 4.
Broker must renew license each year for first 3 years. Broker must pass 30 hours of postlicensing education within first 2 years. Broker must reapply to Commission so the license will be renewed at renewal.
What are the two rules of the exclusion on capital gains for homeowners? That the exclusion can be used once every ten years and that the house was occupied by the seller for the last five years. That the exclusion can be used once every two years and that the house was occupied by the seller two of the last five years.
If the broker completes more than the required course hours for 1 year, the extra hours cannot be carried over to the following year. Taking the same course twice in 1 year will provide the broker with double the credit hours for that course.