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89. A contract for sale and purchase stipulates that the seller will pay for title insurance. The contract further states that the seller will choose the title insurance company. Which statement applies to this situation?

87. Which valuation product requires the services of a licensed or certified appraiser ?

81. Which legal procedure is used to determine a fair price in an eminent domain action?

86. Which statement regarding state intangible taxes on new mortgages is TRUE?

21. Which statement is FALSE regarding postdated earnest money checks?

74. A written contract for sale and purchase of commercial property that utilized designated sales associates failed to close. Which statement is TRUE regarding the retention of brokerage relationship disclosure documents?

67. Can an insurance company refuse to provide insurance coverage to applicants within a particular neighborhood because of the racial and ethnic characteristics of the neighborhood?

57. A sales associate receives a deposit from a buyer on Wednesday morning. The associate must

92. You are analyzing an investment property. You forecast the effective gross income to be $396,000. The operating expenses for this property, including a $4,400 reserve for replacements, total $176,000. What is the property’s net operating income?

88. Which type of alienation is voluntary?