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Form AREL the Pennsylvania Association of Realtors

Form AREL the Pennsylvania Association of Realtors

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we have prepared for you 100 real estate questions that will help you study and prepare for your real estate exam please like this video as it helps our Channel now let's get started question one an insurance policy which combines personal liability insurance and Hazard insurance coverage for a dwelling and its contents is called a homeowners insurance B buyer Insurance C errors and omissions insurance D all of the above the correct answer is a homeowners insurance homeowner insurance is the right term as it combines personal liability and Hazard coverage for the dwelling and its contents ensuring comprehensive protection for homeowners question two what is the status of a contract when all the terms have been fulfilled and the transaction has been closed a fully executed B terminated C voidable D unenforceable the correct answer is a fully executed when all the terms of a contract have been fulfilled and the transaction has been closed the contract is considered to be fully execut

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