Arec final exam study set Study guides, Class notes & Summaries
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AREC Final exam Study Set questions and answers with complete solution
- Exam (elaborations) • 12 pages • 2024
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When preparing the sales contract, when is it acceptable for a licensee who is not an attorney to offer legal advice to the client? - correct answer-Never 
 
A set of guidelines for the ethical conduct of real estate licensees is called a - correct answer-Code of ethics 
 
Which of the following is the best definition of a covenant between a lessor and lessee? - correct answer-An agreement or promise made between the parties 
 
Which party's closing costs might include mortgage insurance? - cor...
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