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| Section | Weight | Objectives |
|---|---|---|
| National Portion | 80% | - Property Ownership
|
| Maryland State Portion | 30% | - Duties and Powers of the Real Estate Commission
|
Octogenarians Gertie and Frank both have advanced Alzheimer's disease and met in Sunset Living, a skilled nursing center for people with advanced Alzheimer's disease, where they're both residents. They fell in love and get hitched, signing a marriage certificate. This is an example of a _____ contract.
Correct Answer: B 🗳️
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James creates a trust to hold a piece of real estate he owns. He directs a corporate fiduciary to hold title to the real estate and provides instructions for the management, control, and disposition of the real estate upon his death. Given that the trust only holds real estate, James likely set up a(n) ________ trust.
Correct Answer: C 🗳️
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To indicate that they understand and consent to the terms that appear on each page of the sales contract, what are the seller and buyer required to do?
Correct Answer: A 🗳️
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Which of the following scenarios is an example of group boycotting?
Correct Answer: D 🗳️
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Why would a retail tenant be willing to sign a lease in which a percentage of sales proceeds are paid to the landlord?
Correct Answer: C 🗳️
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