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To advance the trading processes of its clients, the online broker supplies them with a number of training and upskilling options on its website.
These for example include various video tutorials and webinars with easy-to-understand explanations of the trading basics.
In addition to which they also host events with renowned trading referents at regular intervals. And last but not least there is also a so-called Forex and CFD Glossary with brief and easy-to-follow explanations of the most important trading terms.
Not to be neglected on top of all this is their customer service. The GKFX customer support can be contacted in various ways, should you have any questions or problems.
One option for this is to call them on the telephone , naturally, but you can also reach it by e-mail.
The GKFX customer service is available 9 a. Another way to ask questions is their live chat function , which will yield answers in the shortest of times.
In conclusion, let us take a brief look at the online reviews of GKFX. Many reviewers highlight the competent and reliable customer support, but the selection of assets also leaves no wishes unanswered.
There are also some voice on the internet saying that they have run into problems with pay-outs in the past, however. But all-in-all, this regulated provider is a respectable online broker with a broad product range and comparably fair conditions.
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The licenses of all five associate licensees will be in "canceled" status until they are affiliated with a new broker. C is also incorrect because the DRE does not supervise the daily professional activities of real estate salespeople.
A real estate salesperson is not legally allowed to enter into a listing agreement with a member of the public. The two parties to the listing agreement are the seller and the broker for the seller.
In Californai, the Statute of Frauds requires that certain contracts be in writing in order to be enforceable.
A lease is a contract between the landlord and the tenant, and any lease with a term that is longer than one year must be in writing e.
However, a lease of real estate for a term of one year or less does not need to be in writing. Test-Taking Tip: Before the state exam, make sure to review the Statute of Frauds so that you know which contracts must be in writing to be enforceable.
B, C, and D must be in writing to satisfy the Statute of Frauds. Prev Next Finish. Bookmark Page. Section 1.
Dubois purchased and installed a commercial-grade range, oven, deep fryer, and grill. To comply with safety regulations and protect her staff, Dubois has securely fastened all of this commercial restaurant equipment to the kitchen.
Which of the following is a correct statement related to the restaurant equipment Dubois installed? Which of the following is an example of the government's realty-related police power?
All of the following are examples of lawful private controls on real estate except:. Section 2. California Laws of Agency and Fiduciary Duties.
Late one afternoon, a listing broker was holding an open house at Woodriver Drive in CA. Seeing the "Open House" sign, a prospective buyer came in to look at the home.
After several questions about the house and local school system, the inexperienced buyer asked the listing broker for suggestions on how to negotiate successfully for the Woodriver Drive residence.
The listing broker answered the questions as helpfully as possible. However, because the broker was tired, the broker did not raise the issue of agency representation, compensation, or even ask for the prospective buyer's name.
The following morning, the prospective buyer started to act on the listing broker's advice. What type of agency, if any, was created with the prospective buyer?
Which duty owed only to the principal will require the listing broker to disclose the delinquent child support to Jon Brown? All of the following are correct statements related to a listing broker and a broker working as a property manager in CA except:.
Section 3. California Property Valuation and Financial Analysis. What type of appraisal report is commonly relied upon in California by a lender financing the purchase of a single-family residence?
Kim Nguyen owns a three-bedroom, two-bathroom single-family residence in California. Nguyen legally converted the master bedroom and bathroom into a separate "granny flat" for her elderly mother.
Several years later, Nguyen remodeled the kitchen in the main house. Which of the following statements is correct? This method of valuation is used for unique or historic properties, as well as new construction.
It is frequently used when comparables are unavailable, and when the subject property does not produce income. In order to reach an opinion of value, the appraiser estimates the current cost to build a new improvement with the same utility, then deducts accrued depreciation, before adding the value of the land.
This method of valuation is called:. Section 4. California Real Estate Financing. This security instrument is used for loans when the collateral is a parcel of real estate.
It is legal, but infrequently used in California. The security instrument has only two parties, and creates an encumbrance on the real estate.
From the following choices, what is the security instrument called? Kayla Chen and Kristina Wang cannot afford the down payment on the 3-unit residence they want to purchase together in CA.
They turn to a government program for assistance. Chen and Wang are required to purchase mortgage default insurance, but only have to pay 3.
Chen and Wang purchased the home using:. Dewayne Smith, a year-old man, is purchasing a single-family residence in a newly-built subdivision of 50 parcels in California.
The residence is move-in ready. Because the other 49 lots have already been sold, Smith is buying the model home in the new development.
This is a complete course. We include all reference material, such as the Regulations, Customs Directives, Previous Exams and our own reference material that is permitted inside the exam room.
Now offered in electronic form. Appendix B — Valid Code s. Appendix D — Metric Conversion. Appendix E — Valid Entry Numbers.
Appendix G — Common Errors. Appendix H — Census Warning Messages. Appendix L — Drawback Errors.
Glossary of Terms. Fees 7. Alpari Broker. OctaFX Broker. Trading Experience 8. Mobile Trading 7. Olymp Trade Broker.
Cons Limited To Certain Jurisdictions. FXTM Broker. ExpertOption Broker. Asset Coverage 7. Quality starts with who wrote the material. Our practice exam writer s.
Written by: Karen Bohler Real Estate Broker and Instructor Karen is a licensed real estate broker and certified real estate instructor. She has worked in real estate sales for over 20 years.
She teaches real estate sales and contract law for a real estate sales education company that specializes in the licensing of real estate sales agents and brokers across the country.
Karen designs curriculum and other educational materials for real estate sales training courses, licensing exam preparation and continuing education providers.
She earned her juris doctorate degree from Taft Law School. Bookmark Page. General Operation of a Real Estate Brokerage. With regard to the general operation of a real estate brokerage, which of the following activities of ABC Brokerage, Inc.
A real estate broker should educate clients to protect the client's best interests and ensure a knowledgeable negotiating position. However, client education involves a certain amount of risk, because whatever information the broker or salesperson in the firm conveys must be accurate and reliable.
Consider why a brokerage experiences financial difficulty even in prosperous times. One of the main reasons financial difficulty for a brokerage occurs is that the broker fails to stay abreast of the economic climate and direction of the real estate market.
With regard to financial planning for a real estate brokerage, which of the following statements is are TRUE? Statement 1: Even in prosperous times, the economic climate changes daily.
Brokerages need to plan expenditures based on factual assessment of the economic climate. Statement 2: The competitors may reduce commission levels, and thus to compete, a brokerage may need to reduce commission levels within the firm.
Statement 3: Advertising is vital to the success of a brokerage. A broker should take advantage of all products designed to promote real estate sales.
Agency Concepts and Managerial Duties. Legally, what is the nature of agency relationships between listing brokers and sellers?
A legally-competent, wealthy investor is selling a large commercial property. The year-old investor is represented by a one of the busiest, most successful brokerage firms in the state.
The closing date for the transaction coincides with an important overseas business trip the investor cannot postpone or cancel.
Prior to leaving on the business trip, the investor executes a document authorizing a trusted friend to sign all documents related to the sale of the commercial property.
After accepting the appointment, the investor's friend owes fiduciary duties to the investor. Of the following choices, what is the name of the document executed by the investor?
Contracts and Contract Law. Which of the following lists the essential elements of an enforceable real estate contract? A listing agreement did not include an authorization to accept a deposit.
Which of the following is correct? Real Property Characteristics. Which of the following is considered personal property?
Homeowner Howard's home was foreclosed. Understandably, Howard was quite upset, and just before he was ordered to vacate the home, he removed all of the plumbing fixtures, lighting fixtures and built-in appliances from the home.
When Howard's lender listed the property for sale, the listing agent realized that the fixtures had been removed. What is the act of removing the fixtures from the home called?
Water Law. Which of the following correctly defines the doctrine of prior appropriation? Freehold Estates.
The lessee of an apartment and the owner of a condominium have many things in common. Which of the following is true for both?
Holding and Transferring Title. The deed specified as grantees simply as "Amanda Smith, Beatrice Smith, and Constance Smith" but did not specify the tenancy created.
Environmental Law. A real estate licensee has out-of-town relatives come to visit. He shows them several listings, but they simply are not interested in purchasing any of the listings he shows them.
Finally, after several long days of viewing listings, the licensee writes up a lease proposal with an option to purchase.
When an environmental hazard such as mold exists on a subject property, a typical remedy to cure the defect is abatement of the defect.
Land Descriptions. Which of the following is the method of legal description that uses carefully measured distances, angles and directions to define the boundaries of a parcel of real estate?
Which of the following correctly defines the term "baseline"? Development and Construction. Which model of city planning and development is defined by a central business district is in the middle of the model, with the city expanding in rings with different land uses?
Which model of land development is based on the theory that even though a city may have begun with a central business district CBD , other smaller CBDs develop on the outskirts of the city near the more valuable housing areas to allow shorter commutes from the outskirts of the city?
Housing Plus, Inc. The company primarily assists those owners of dwellings in existing subdivisions that are sufficiently spacious to qualify for the addition of an ADU.
Home owners typically add an ADU for the enhanced rental potential the units add to residential real estate.Sethimus : I'll take mine in steel, Thankyouverymuch! Brdjanin Nov 23, at Rheingoldhalle Mainz Parken We'll see Catherine is years-old, and is still working as a Surgical RN. Our test is a bit different than others out there, and we keep adding more skis, brands, and better content to put the power of ski knowledge in your hands. was a challenging year for sure, but we learned from years past that the more we did in terms of testing and research at the beginning of the year, the less we’d have to do come test. Edition New Jersey Real Estate Practice Exam Take this free New Jersey Real Estate Salesperson Pracice Exam to prepare for the actual exam administered by the New Jersey Real Estate Commission. The actual exam has questions and you are given 4 hours to complete it. Edition Real Estate Broker Practice Test This free practice test will give you an idea of the types of questions that will appear on a real estate broker licensing exam. All states require real estate brokers to take an exam to get licensed. Agent and Broker Training & Testing Guidelines 8 Agent and Broker Training & Testing Sample Test Below are sample test questions that may be used by Plans/Part D sponsors. Part I: Medicare Basics 1) A prospective beneficiary asks an agent if plan XYZ has an urgent care benefit and if so, what the benefit includes. Edition The Real Estate Broker Test Guide The Real Estate Broker Test Summary What: The broker exam is designed to guage one's knowledge of real estate broker practice.