Question

What is the purpose of recording in real estate?

Question 15 options:

1)	to make the government happy

2)	to keep the deed safe

3)	to estimate the closing costs

4)

to inform anyone who may have a potential interest in the property

A "Realtor-Associate" is the title that a person is entitled to use once they have passed their State Real Estate salesperson exam.

Question 8 options:

1)

True

2)

False

Answer 1

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Answer:

1)

Recording acts establish procedures for individuals to file copies of real property documents, such as deeds, liens, and mortgages

Hence option 2

2)

Realtor-Associate is a designation offered to licensed real estate professionals. The National Association of Realtors (one of the largest unions in the US) issues this licence . The basic requirement of this licence is high school diploma or its equivalent .Realtor-Associate membership requires a active real estate license, the payment of an annual fee, and some light training on the Realtor Code of Ethics.

Hence True