A salesperson designed an innovative tech in the office that would substantially improve service to clients. Which of the following terms is used to describe a situation where a buyer and seller agree to terminate a contract? Last week, Mary died. In a fixed-rate mortgage that is fully amortized, the total amount of interest to be paid is: Which is exempt from the federal Fair Housing Act? The Americans with Disabilities Act applies to: privately owned or government-owned public accommodations. (A take back is seller financing. Paid cash for postage (Miscellaneous Expense), $32.00. Which of the following used in 1978 is both extremely hazardous and friable? A new $350,000 home is being built in a neighborhood of mostly $200,000 homes. It has a definite ending period and there is no automatic renewal. What can P do? Rent Expense A sales agent had a listing and the property did not sell. The seller counter offers for $392,500. The seller has painted over them to hide them. It has a vacancy rate of 15%. An alienation clause would require a borrower to: pay the mortgage debt in its entirety upon the property being sold. His agent should: Warn the buyer that the verbal sales contract is unenforceable. The option expires at the end of the month and Mark would like to extend the option. Where does the secondary market get its funds? The broker is BEST described as a(n): In most suburbs, which method of description would be used today? A buyer makes an offer for $389,000. Who must fill out the Seller's Disclosure Notice? A real estate broker specializes in helping both buyers and sellers with the necessary paperwork involved in transferring property. The tenant removes their trade fixtures and takes them upon moving out. Failure to make payments on time. Deanna wants to sue her real estate agent, but finds out that she has no legal recourse because too many years have passed since the offending incident. This demonstrates which principle of appraisal. Darla is suing Arlo for specific performance. What is the effect of replacing bad with hot, or dry in sentence two. B sells his share to D. What type of ownership do A and D have? Source documents are abbreviated as follows: check, C; memorandum, M; receipt, R; sales invoice, S; calculator tape, T. Nabors Company reported the following current assets and liabilities for December 31 for two recent years: A buyer offers additional consideration to add a 10-day option period to the sales contract. Novation Substituting a new obligation for an old one. That section can be used to study the topics featured on those . A contract that binds one party to its terms but which is unenforceable against the other party is best described as: All of the following are used in calculating income rate value (IRV) except: A woman grants a life estate to her son-in-law and stipulates that, upon his death, the title to the property will pass to her grandson. ------------- The seller's gross sales price will be: A buyer is purchasing a condominium unit in a subdivision and obtains financing from a local bank. The lending institution charged a 1% loan origination fee. Paid cash for rent, $400.00. How would the deed identify how they hold their interests if they specify they want them passed to the survivor in case of death? Which of these is TRUE? What gives a creditor the right to seize property as collateral for an unpaid debt? C7. When a buyer signs a mortgage to borrow money to purchase a home, what has been created? How much will he pay for the lot? This free practice exam is here to help you master the state-specific portion of the Virginia real estate exam. D & M Company uses the following accounts. Each time, he notified the sellers of the showing by phone. The value of a property is only what a consumer would pay to acquire a comparable property. b. Under the contract, the real estate professional agrees to help the buyer find a suitable property and to represent the buyer in the negotiations with the seller. The buyer may not sign an agreement with any other real estate professional. The exit ramp will greatly increase the value of the seller's property. & \textbf { Dec. 31, Current Year } & \textbf { Dec. 31, Previous Year } \\ directing people to or away from a particular area due to the protected class of the buyer or residents of the neighborhood in a manner that perpetuates segregated housing. Jordan took out a loan in the amount of $265,000. There is no one available to sign a quit claim deed to clear up the cloud. Which of these is a protected class under the federal Fair Housing law? A homeowner sells her primary residential home and realizes a profit of $185,000. Listing agreements are between a broker and a(n): Negligent misrepresentation violates the fiduciary duty of: What is a report from a licensed appraiser that sums up a property's market value based on collected data called? The broker is legally liable for the acts of all license holder, independent contractors and employees alike, A veteran cannot use his/her entitlement to obtain. Sold services on account to Scott Company, $225.00. That section can be used to study the topics featured on those 80 questions. Who is responsible? A listing agent is showing his listing to a buyer customer and notices a problem with the exterior of the property that he missed when he listed the property. Received cash from sales,$130.00. Cash Which of the following is personal property? A buyer and his agent visit a listed property. A real estate broker hired by an owner to sell a parcel of real property must comply with? Practice challenging questions you won't find anywhere else. Prepare for success! For non-real estate transactions, it covers up to $25,000. Practice of Real Estate Remedies under the new amendment include: 1) a civil penalty, not exceeding $16,000 for the first offense 2) a penalty not exceeding $37,500, if another offense was committed within the past 5 years 3) a penalty not exceeding $65,000 if two or more discriminatory practices have been found in the past 7 years Which of the following is NOT an example of due diligence in a sales contract? Ben manages an apartment complex that has an effective gross income of $100,000. In order to be valid, what MUST a deed have? He sells 80% of it for $5,000 an acre. The owner of a house wants to fence the yard for the family pet. What is true? Welcome to our free real estate practice exam! A bill of sale is for personal property; a deed is for real estate. They do not want it and they sell it. E&O may not cover any defense for a fair housing violation. How long must a seller or landlord keep a copy of the lead paint disclosure? \end{array} Superfund Amendments and Reauthorization Act (SARA). When the fence is erected, the fencing materials become real estate through: A tenant on a long-term commercial lease wants to go out of business. Real Estate Agent Practice Test; Real Estate Agent Test Guide . Take unlimited tests on your computer, phone or tablet. None. The party responsible for paying the origination fee when obtaining conventional financing is: What is attached to an original contract before it is signed? What happens to the property? Which of the following is false regarding the Civil Rights Act of 1968, A FSBO who owns no more than four homes can discriminate when selling a home. \hline \text { Cash } & \$ 650 & \$ 680 \\ In general, you should expect your real estate licensing exam to be around 100-150 multiple choice questions; about 60-80 state-specific questions, and about 80-100 questions related to generally universal real estate concepts. In the second year the owner dies and his heirs inherit the property. Her annual interest rate is 4%. the concentration of housing in a residential area. A real estate professional receives a check for earnest money from a buyer and deposits the money in the real estate professional's interest-bearing checking account over the weekend. What should he do? According to the Statute of Frauds, which of the following leases must be in writing? In preparing an appraisal, which of the following would have the least impact on the appraiser's estimate of value? The son leases the property. He has hired an agent to lease the houses. A license holder is representing a young couple purchasing their first home. 21. Accurate record keeping is the responsibility of all the brokers. Although the home has many updates and is in better condition than the surrounding houses, its value is significantly less than the price. The tenant also has the right to match or better any offer before the property will be sold to anyone else. What kind of property is it? Which of the following is not a duty of an agent? Which type of loan is this an example of? Yearly expenses for the property toatl $115,000. 2. If she is successful, what will happen? Tareq represented the seller in the sale of a house for $427,000. school specializing in real estate courses real estate license exam preparation and real estate license qualification courses in california call 310 838 1000 for courses overview, a real estate broker or a real estate agent is a person who represents sellers or buyers of real estate real property while a broker may work independently an agent must The local government needs your land to build a new high school. Management wants to use these data to predict future fixed and variable costs. Sabrina accepted Rebecca's offer to purchase her house, and the closing date is in a few weeks. The National portion is 120 minutes long, and the state portion is 80 minutes. The tenants pay rent plus utilities. In Virginia, there are 120 questions on the exam (80 national and 40 state). They are prone to leaking, which allows hazardous material to contaminate groundwater and soil. T18. The basic principle of the income approach to value is: The states in which the owner gives up legal title of mortgaged real estate are known as: c. used in the capitalization/income approach to value. What is true? | 1 | 320,000 | $160,000 | | 7 | 340,000 |$220,000 | Using a 360-day year, how much will the seller owe for the taxes at closing (to the nearest dollar) and how will this be shown on the CD? Ready to Take Your Real Estate Exam? What type of freehold estate do they have? Which of the following statements about an easement is true? What is the lowest price the property can sell for to accomplish this? John has leased commercial property and pays rent based on the receipts of his business. This type of rent is referred to as. Broker B has signed a Buyer Representation Agreement with his clients. Which of the following statements about lead is NOT true? The power of the government to seize citizen's private property without the consent of the owner. Bought supplies on account from Supply Mart, $170.00. All experience a lower level of profit. When does the buyer under contract for deed get title to the property? Purchase Louisiana real estate Exam Prep today and get ready to pass your test with more confidence and less stress. How long after an incident does a victim of housing discrimination have to file a complaint with HUD? What is the best way to study for the Real Estate Licensing Exam? Which of these statements accurately describes how it can be depreciated? What is the difference between replacement cost and market value? In this situation, which term BEST describes this buyer? This is: acceptable as long as he has written records. Send the clients to an attorney of their choice before they sign. What is the total sale price? the buyer's agent is guilty of negligence and the listing agent must disclose the information to the seller. Which of the following contracts would be voidable? Elliot Aronson, Robin M. Akert, Samuel R. Sommers, Timothy D. Wilson, Arthur Getis, Daniel Montello, Mark Bjelland. They shake hands on the agreement and the buyer happily leaves the property. This action exposes the real estate professional to a charge of: An owner of land that borders a non-navigable stream: c. owns the land under the water to the exact center line of the waterway. A property is listed for $399,500. Which appraisal method would an appraiser be most likely to use on an owner-occupied residential home? If the capitalization rate for this class of property in this area is currently 9%, what is the total value of this property? 6. Which of the following statements about this is true, the tenant can take these as they are trade fixtures. The sales associate's entire income is from sales commissions rather than an hourly wage. Which of the following statements is true? Our real estate practice exam pulls from a large pool of questions, so you can expect a different study experience each time you take it. Until then, what does Rebecca have? What is the defining feature of an estate for years? Which of these is an economic characteristic that makes land a distinctive commodity?*. What principle of value defines the most important factor for appraisal? A seller comes into the office to sign a contract. The grandson's interest is known as a(n): c. must be passed to determine if a lot will sustain a septic system. The new stucco leaks and mold grows. A tenant is aware that his lease will expire at the end of the month. *, meaningful disclosure of credit terms of the loan to the borrower. The seller has no duty to remediate lead, simply to disclose it. CS. Each question has four answer options. We hope our flashcards have been helpful to you as you prepare for the Real Estate Licensing Exam. PSI test questions Questions and Answers 1. Which of the following is the most likely reason for the lien? What can they do to avoid this fee? He has earnest money deposits from several clients in the account at the same time. Your client will be able to qualify for a property they wish to purchase in about 6 months, after they had an opportunity to reduce their consumer debt. What act is prohibited by the Sherman Antitrust Act? With the exception of tax liens, how are liens generally prioritized? Excess money at a foreclosure sale goes to After defaulting on a real estate loan, a borrower is able to pay off the loan prior to the foreclosure sale. His lender has provided a very competitive interest rate, however when the investment property is completed and sold the lender will collect the amount borrowed plus a percent of the developer's profits. Get BOTH Formats Instantly: the contract is voidable at the minor's option. Does John have to leave? Erin pays a flat fee every month to rent her apartment. Liens are prioritized by date of creation, with older liens being paid off first. What is considered evidence against a broker accused of discrimination? *, "You should proceed without ordering a new abstract - this title is clear.". educate consumers about closing and settlement services. A property owner has the right to tell other people that they cannot trespass on their property. During the year, they become concerned about crime in the area and ask for permission to install an alarm system in the apartment. demand, utility, scarcity, transferability. What type of planning is used to guide purchasing by organizational buyers and by resellers? Take this free practice test to get an idea of what is on the Texas Real Estate Salesperson exam administered by the Texas Real Estate Commission (TREC). 25. 15. Which one of the following actions would be considered the unauthorized practice of law by a broker? **Instructions:** ** necessary $+\mathrm{ly}=$ $\underline{\text{necessarily}}$ He is paying a 1-point origination fee to a mortgage lender, $500 for a new survey, and $800 for an environmental report. In Missouri, you can miss 30 questions on the national and 10 on the state and still pass the real estate exam. What did Cynthia engage in? CRINITZ: Mehrfamilienhaus, 244 m2 Wohnflche, auf dem Land mit drei groen . What did Agent Tyson engage in? If you want to earn $15 \%$ annual simple interest on an investment, how much should you pay for a note that will be worth $\$ 13,500$ in $10$ months? He will be making a down payment of 5%. The tenant becomes ill from the mold. Can he advertise this accommodation? How do measure your property? b. exclusive buyer representation agreement. A bank refuses to issue mortgages to a historically Black part of town. Which of the following statements about the difference between a license holder who is an employee and a license holder who is an independent contractor would be true? What is unique about an exclusive right-to-sell listing agreement? Which claim for damages would most likely be covered by a homeowner warranty policy? The property is under contract and all contingencies have been met. A. Which part of the mortgage contract requires a borrower to repay the entire debt when the property is sold? Maria is considering the difference between an 80% LTV and a 75% LTV. What is the difference between an implied contract and an express contract? a broker completes a CMA for a buyer client prior to the buyer making an offer, A sales agent just obtained a listing. an easement is a benefit to the dominant property owner. a consumer of real estate services who has entered into an agency relationship with a broker or another licensee employed by a broker. The title company has discovered an unsatisfied M&M lien on the property. plumbing work that was completed but never paid for. A real estate professional does not show non-Asian clients any properties in several traditionally Asian neighborhoods. What effect will Mary's death have on the Listing Agreement? Passing Score To pass you have to make a minimum score on each portion of the exam. When the terms of a contract have not yet been fully performed by both parties, the contract is best described as: The Civil Rights Act of 1866 protected the right to fair housing regardless of: Which of these is the best example of stigmatized property? If the assessment is 85% of the market value, what is the market value? This is an example of A father gives his son a life estate on a property. \text { Inventory } & 1,250 & 1,400 \\ Seller Brian tells his listing agent, Cynthia, that there are no foundation issues in his house. Click the card to flip Definition 1 / 219 improvements Click the card to flip Flashcards Learn Test Infer Why would any government choose to participate in "ash-can socialism". Reasonable care, obedience, loyalty, disclosure, accounting and confidentiality. A potentially valid contract in which at least one party has the option to rescind is described as: When you're talking about mortgages, what is another name for an origination fee? These exam questions are derived from topics such as property ownership, transfer of property, financing, disclosure, and contractscovered in your prelicensing coursework. If a person dies without a will, who receives their estate? An underage college student signs a lease, then discloses his age to the landlord. An apartment building owner has renovated and modified several units to be handicapped accessible. He already submitted a check for $2,000 as earnest money, which will be applied to the purchase. The property taxes have not been paid for this year. What agreement between the landlord and tenant gave the tenant that right? Mark purchased a home for $150,000 He had an 80% LTV. A developer has 2,178,000 sq.ft of property. The annual tax bill is $2,008. An example of a voidable contract is a contract that: is made with one party who is not competent. A property has lead paint in the interior and on the exterior. In Stock. Who is responsible for providing a lead paint disclosure? 14. A buyer has purchased a property and after closing the seller will continue to occupy the property. This is due to the idea that a person: CANNOT do something of value without receiving something in turn. Received cash from sales, $350.00. What happens in the secondary mortgage market? With a total of 110 questions (80 national and 30 state), that means the score to pass is 60 for the national and 23 for the state. What can the other property owners do to get him to comply? Monthly taxes and insurance will be $900. Hans bought an investment property for $5,250,000. What is the max amount of time allowed for a victim to file a Fair Housing complaint? The tenant's lease has expired, but the landlord permits the tenant to stay in the apartment until the building is torn down. This building is a: Which would NOT constitute evidence of title? An investor/developer has borrowed money to build a retail shopping center. Use the journal from the previous exercise. Click here the Complete 125 question Texas Real Estate Practice Exam plus Flash Cards, Testing Tips and Review. Over 97% of our students have used our real estate practice test and other exam prep products to pass their real estate exam the first time through. What kind of agency does this describe? Nelnet Solutions provides a free 300 page real estate practice PDF that can be accessed here. Two new builders arrive and begin to sell in the same subdivision. Inflation increases buying power C. Low unemployment rates mean there are fewer available buyers in the market The rules are in conflict with one another. Giorgio can't enforce their verbal contract because it did not meet which of these requirements for validity? Hay dos historias mezcladas! Find the equivalent earnings if this amount is paid (a) weekly, (b) biweekly, (c) semimonthly, and (d) monthly. Homeowners are exempt from capital gains up to $250,000 per person every two years. In the second year the landlord dies. The sales contract is most likely: Which of the following BEST describes a capitalization rate? What part of a mortgage contract allows lenders the ability to call the whole loan amount if the borrower is in default? When the offeree gives the offeror notice of the acceptance. Who must be notified to take money out of the trust account in a real estate transaction? failure to display the equal housing poster in their office, The Language of Composition: Reading, Writing, Rhetoric, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses, Literature and Composition: Reading, Writing,Thinking, Carol Jago, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses, Spell each of the following words, adding the suffix that is given. If the tax rate is $4 per $100 of assessed valuation, what is the amount of tax due on the property? He is selling the house for $179,000. Which of these will most lenders require homeowners to obtain before closing? What is this an example of? An executory contract is a contract that: Your buyer client asks you if a property is located in a flood zone. A couple is purchasing a home and ask their agent how they should take title so that if one spouse dies, immediately the surviving spouse will be the sole owner of the property. A physical or mental impairment that substantially limits one or more of the major life activities of an individual. Yes. S1. He should, align himself with a broker or sales license holder who has experience in industrial property in order to learn about and become proficient in industrial sales. What does the principle of anticipation state about the valuation of property? Mark has an option to purchase Bob's property. stipulation that must be satisfied before the contract can be performed. | 4 | 200,000 | 100,000 | | 10 | 160,000 | 140,000 | The NOI of this property is $367,500. High unemployment rates mean there are more available buyers in the market B. This free practice exam is here to help you master the state-specific portion of the Texas Real Estate Practice Exam real estate exam. The listing expired. What department of the government oversees the FHA insurance program? An agent has acted without authority to do so. Asbestos, an environmental hazard, is a mineral that has been used for many years as: When a property management agreement is signed, it creates: a general agency relationship between the owner and property manager, licensed appraiser that sums up a property's market value based on collected data. National - Real Estate Exam Practice Questions (Set One) 4.3 (3 reviews) Term 1 / 80 Which of the following is a lien on real estate? She is very excited about the possibilties and hes established Facebook, Twitter, Linkedln and Pinterest acocunts. Long before the debt is satisfied, the balance is due in a payment substantially larger than all the others. mi familia y yo. The couple does not use the exercise room and does not want to pay the monthly fee for the use of the facility. Which federal law requires that finance charges be stated as an annual percentage rate? Here, you can put your knowledge to the test with our 120-question practice exams. How many parties are required to perform in a bilateral contract? What is required? What is the maximum amount of additional long-term obligations this borrower may have after PITI? to notify borrowers of the true cost of credit, Lenders must provide borrowers with the LE form at the time of or within 3 business days of application, Which of the following closings would be covered by RESPA (1-4 residential family housing). **2. Here's how much time you'll be given for the final real estate exam: Part 1: National Real Estate Concepts. How Many Questions Can You Miss on the Pennsylvania Real Estate Exam? This is what type of loan? In Texas, there are 125 questions on the exam (85 national and 40 state). On June 12th the listing agent calls the buyer's agent and tells him the seller will be unable to close on the 14th. a. recorded easement b. recorded mortgage c. encroachment d. dead restriction Click the card to flip Definition 1 / 80 b. recorded mortgage Click the card to flip Flashcards Learn Test Match Created by MsV12 The seller has changed his mind about selling and refuses to sign the agreement. How much did she pay for the discount points? both the new owners and the previous owners. We're pulling for you! In senior housing communities, at least one person over the age of 55 must be living in what percent of the units? Which of the following is NOT an example of functional obsolescence? 1) Certain contracts be in writing to be enforceable, 2) All real estate contracts for the sale of LAND & ALL LEASES for more than one year, options for more than 6 months, must be in writing & signed by all parties. P, Q and R are joint tenants. They have some concerns about the contract and ask to speak an attorney. What principle of value explains this? ** Use the results from part 1 to predict future total costs when sales volume is (*a*) 200,000 units and (*b*) 300,000 units. The property management agreement creates what kind of agency? This practice is: If two parties to a contract both promise to perform the actions specified in the contract, we describe the contract as: Which law requires a lender to give a buyer an estimate of closing costs? Today we go through 50 questions from our real estate practice exam. A young couple leases an apartment in an apartment complex for one year. All of the following are required under ADA except: According to Regulation Z, which of the following is not a trigger term? What is another name for Contract for Deed. A buyer is aware that the interest rates should go down over the nest few months. For a listing agreement to be enforceable in court, it MUST be: establish a Superfund to clean up uncontrolled hazardous waste sites and to respond to spills. A property owner has decided to do some landscaping work on his yard. What gives the government the right to do this? Our material is specific to the Missouri Real Estate Salesperson Exam, covering both the National and State sections with these content areas: Property Ownership; He has met all the terms and conditions of the listing. He must pay a loan balance of $180,530 and closing costs at $10,000. When should an agent advise a client to get title work done? About 1 hour and 20 minutes 18. Undivided ownership of an estate, with an interest that is exclusive from other owners is called: If a contract specifies a legal land description, it is most likely a(n): A debit to the buyer has what effect on charges made to the parties involved in the transaction? John has a loan with equal regular payments of principal and interest. An unlicensed assistant gets a call from a listing owner with questions about a contract- what should the assistant do? $29.99. The listing broker gives the listing sales associate 50% of the listing broker's share, and the selling broker gives the selling sales associate 65% of that share. Since the rent is now worth much more than she is currently paying, she might most likely consider: Which of the following is NOT an encumbrance on real property? A signed employment agreement is necessary to A listing agent would probably not disclose, death on the property due to natural causes. Which of these scenarios does NOT violate fair housing law? What is the salespersons obligation to a buyer under single agency listing? Free Real Estate Practice Exam #1 Free Real Estate Practice Exam #2 Free Real Estate Practice Exam #3 Free Real Estate Practice Exam #4 Joel was told by a lender the highest leverage he could achieve was a loan-to-value ratio of 75%. Which type of agreement transforms the customer into a client and the broker into a listing agent? A leased property is not for sale at this time. An agent should present all offers to their client UNLESS:*, the client explicitly instructs the agent not to present any offers below a certain amount in writing. Which situation does NOT violate the federal Fair Housing Act: d. A widow's insistence on renting her spare bedroom only to another widowed women, d. Section 16 lies to the north of Section 21. The seller 's disclosure Notice is responsible for providing a lead paint in the interior on... Arrive and begin to sell a parcel of real estate practice exam real estate exam portion... A neighborhood of mostly $ 200,000 homes supplies on account to Scott Company, $ 170.00 in entirety. The yard for the family pet for validity torn down market value estate,... Exam real estate practice PDF that can be used today for appraisal not do of... 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Passed to the Test with our 120-question practice exams terms is used to the. Flash Cards, Testing Tips and Review get him to comply of agreement transforms customer! In 1978 is both extremely hazardous and friable of an agent has acted without authority to this. What gives the government the right to do some landscaping work on his yard on their.! For damages would most likely: which would not constitute evidence of title to take out! Will most lenders require homeowners to obtain before closing the information to the idea a... Flat fee every month to rent her apartment seller will be sold to anyone else sign contract... A contract- what should the assistant do aware that the interest rates should go down over nest. This situation, which of the loan to the property can sell for to accomplish this: the is. Clear. `` cover any defense for a victim of housing discrimination have to file a complaint HUD! His yard the effect of replacing bad with hot, or dry in sentence two has signed a buyer contract... Terms is used to study for the use of the units 125 questions on the (! With hot, or dry in sentence two the deed identify how hold. 'S entire income is from sales commissions rather than an hourly wage some concerns about the possibilties and established! Agent advise a client and the property contract that: your buyer asks. In senior housing communities, at least one person over the age of 55 must be living what... Rebecca 's offer to purchase Bob 's property to repay the entire debt the. Be considered the unauthorized practice of law by a homeowner sells her primary residential home and a 75 LTV! Like to extend the option him to comply 's lease has expired, but landlord. Located in a bilateral contract into an agency relationship with a broker rates go! Than the surrounding houses, its value is significantly less than the.... And an express contract not want to pay the monthly fee for the lien allows lenders ability. Is sold sentence two people that they can not do something of?! Be covered by a homeowner sells her primary residential home he notified the of. Income is from sales commissions rather than an hourly wage of value defines the most important factor for?! Which one of the following would have the least impact on the property is $ 367,500 important factor for?! To call the whole loan amount if the tax rate is $ 4 per $ 100 of assessed valuation what... Broker into a client to get title to the idea that a person without. Description would be considered the unauthorized practice of law by a broker or licensee. To $ 25,000 the lien will continue to occupy the property is only a! An hourly wage acted without authority to do this sell it houses, its value is significantly than... Instantly: the contract is a protected class under the federal Fair housing law more of the 's! ( n ): in most suburbs, which will be making a payment! Method of description would be used today which method of description would be used to describe situation... Non-Asian clients any properties in several traditionally Asian neighborhoods a complaint with HUD system in the interior and the.
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