ILLINOIS REAL ESTATE LICENSE EXAM | Quizlet

Test: ILLINOIS REAL ESTATE LICENSE EXAM

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7 Multiple choice questions

Term
Consumers of real estate services include home who?
1 of 7
Term
If an appraiser gives an expert opinion of the value of farmland or a bank lends money to purchase an office building its what?
2 of 7
Term
brokerage
3 of 7
Term
real estate licensee
4 of 7
Term
a real estate agent may be the agent for ?
5 of 7
Term
residential leasing agents bring together ?
6 of 7
Definition
An estimate of the current value of the property.
7 of 7
Term
Consumers of real estate services include home who?
tenants and prospective rental properties
home buyers, sellers, tenants, landlords, investors and developers
The business of bringing people together in a real estate transaction.
The buyer, the seller, or both.
1 of 7
Term
If an appraiser gives an expert opinion of the value of farmland or a bank lends money to purchase an office building its what?
An estimate of the current value of the property.
tenants and prospective rental properties
The buyer, the seller, or both.
a real estate transaction
2 of 7
Term
brokerage
An estimate of the current value of the property.
The buyer, the seller, or both.
The business of bringing people together in a real estate transaction.
home buyers, sellers, tenants, landlords, investors and developers
3 of 7
Term
real estate licensee
tenants and prospective rental properties
The buyer, the seller, or both.
The business of bringing people together in a real estate transaction.
acts a point of contact between two or more people in negotiating the sale, purchase, or rental of property.
4 of 7
Term
a real estate agent may be the agent for ?
home buyers, sellers, tenants, landlords, investors and developers
The buyer, the seller, or both.
a real estate transaction
tenants and prospective rental properties
5 of 7
Term
residential leasing agents bring together ?
An estimate of the current value of the property.
tenants and prospective rental properties
home buyers, sellers, tenants, landlords, investors and developers
The buyer, the seller, or both.
6 of 7
Definition
An estimate of the current value of the property.
appraisal
brokerage
residential leasing agents bring together ?
If an appraiser gives an expert opinion of the value of farmland or a bank lends money to purchase an office building its what?
7 of 7