Lawyers – Overview Welcome to your Lawyers - Overview Phone Name Real Name Email Address Unit Paralegals, legal assistants, and legal secretaries often have their work overseen by a Lawyer True FalseThe Median 2018 pay for a Lawyer was: $220,910 per year $120,910 per year $120,910 per month $102,910 per yearIn law firms, lawyers are not considered associates, criminal law attorneys, or defense attorneys False TrueFamily lawyers primarily handle: laws related to inventions, patents, trademarks, and creative works, such as music, books, and movies may work for advocacy groups, waste disposal companies, or government agencies to help ensure compliance with relevant laws a variety of legal issues that pertain to the family a variety of tax-related issues for individuals and corporationsLawyers, also called attorneys, act as both advocates and advisors. As advisors, lawyers counsel their clients about their legal rights and obligations and suggest courses of action in business and personal matters. False TrueLawyers typically do the following (check all that apply): Advise and represent clients in courts, before government agencies, and in private legal matters Interpret laws, rulings, and regulations for individuals and businesses Present facts in writing and verbally to their clients or others, and argue on behalf of their clients Communicate with their clients, colleagues, judges, and others involved in the casePublic-interest lawyers work for: others who otherwise might not be able to afford legal representation companies looking to complete a merger or acquisition private, nonprofit organizations that provide legal services to disadvantaged people for-profit corporations that want to change the law to benefit their companyHintIntellectual property lawyers primarily handle: a variety of tax-related issues for individuals and corporations may work for advocacy groups, waste disposal companies, or government agencies to help ensure compliance with relevant laws a variety of legal issues that pertain to the family laws related to inventions, patents, trademarks, and creative works, such as music, books, and moviesFederal, State, and Local government Prosecutors will never work as public defense attorneys, representing individuals who could not afford to hire their own private attorney False TrueLawyers, also called attorneys, act as both advocates and advisors. As advocates they represent one of the parties in a criminal or civil trial by presenting evidence and arguing in support of their client True FalseThanks! If you're ready, click submit to see if you passed! Time is Up! Posted on August 24, 2019April 24, 2020 By admin
Lawyers – Overview 1. The ratio of homes sold to the number of real estate agents creates what? Highly Competitive Market Higher commissions Lower wages and interest rates2. A California Patrolman pulls over a speeding motorist and asks "Can I see your real estate license please". The driver says, "Don't you mean driver's license": "No", says the patrolman, "Not everybody has one of those in California"3. Included in our Real Estate Package, agents receive which of the following? A unique URL that can be linked to any marketing materials, website, Facebook, etc. Guaranty to receive leads and referrals A City-Wide Top Banner with our "Click to You" technology4. The ratio of homes sold to the number of real estate agents creates what? Highly Competitive Market Higher commissions Lower wages and interest rates5. Why do real estate agents earn more in commissions selling to buyers who use the VA Loan? VA Loan buyers must have more income that traditional loan users VA Loan buyers do not have to pay private mortgage insurance, thus all of their mortgage payment goes towards the loan VA Loan buyers have more lenient loan requirements6. Which bullet points can you suggest a real estate agent include in their Ad targeting the Veteran and military demographic? (Choose all that apply) Grants up to $81,080 to Eligible Veterans! No Pre-Qualification Necessary! More Home For Your Money! $0 Money Down! $0 Mortgage Insurance!7. One of the biggest benefits of having a Banner Ad with our "Click to You" technology is that it alleviates the need for our website visitors to search through multiple Ads - thus bypassing competition. False True8. Adam, an honorably discharged Navy Veteran, has a VA disability rating of 10% due to hearing loss. While looking for a new home, he saw an advertisement claiming that he may be able to purchase with $0 down and $0 mortgage insurance, as well as Veteran grants up to $81,080. This ad perked his interest and he called and asked what benefits applied to him. What would be your advice? That he is eligible for everything stated in the advertisement Only the $0 down, $0 mortgage insurance benefit of the VA Loan. Grants are only available to seriously disabled Veterans9. The $81,080 Specially Adapted Housing grant can used for which of the following? Construct a specially adapted home on land to be acquired Purchase a farming business Purchase land as an investment10. Can a disabled Veteran apply the grant against the unpaid principal mortgage balance of an adapted home that he had already adapted without the assistance of a VA grant? Yes Definately not11. Veteran Real Estate Specialists educate and advertise themselves as being able to provide information and resources to disabled Veterans because it may result in which of the following? Increases interest in their services as a real estate agent Less phone calls A tax credit12. Can a Veteran obtain a Home Improvement & Structural Alteration (HISA) grant to help purchase a home? Yes No Only a tree house13. You discover that Fred owns Handyman Heroes LLC and wants to help Veterans do minor modifications to their homes using the HISA grant. What is the maximum amount that this grant will cover? $81,080 $6,800 $2,00014. Which Veteran grants would likely help a real estate agent in marketing themselves? Specially Adapted Housing (SAH) Grants Home Improvement & Structural Alteration (HISA) grants Pell GrantHint15. I am a VNN sales agent. Yesterday I read about Veteran grants and wish to apply what I learned to my sales calls. So, today I called businesses in the home improvement industry and asked the owner if he would be interested in helping disabled Veterans use the HISA grant for home modifications. Did I accurately apply what I learned? Not a chance It doesn't really matter You got it right16. I am a real estate agent, and my interest in advertising with VNN is because I think that Veterans are more likely to call me with inquiries if I advertise myself as being able to provide information about the VA grants that can be used to purchase or build a home. Do you agree? You betcha Not a chance17. Generally, Veterans do not use the VA Home Loan program because? (Choose all that apply) Veterans lack of knowledge of the benefit They perceive it to be complicated Veterans are honored to pay more money for their mortgage18. The VA Guaranty Home Loan requires what percentage down payment? 3.5% 5% 0%19. A Veteran buyer could afford a home worth $30,000 more with the same monthly payment, by simply? Utilizing the VA Home Loan - which does not require mortgage insurance Not making a down payment Selecting the correct realtor20. What is an important provision to include in a VA Home Loan purchase agreement? Making it void if the buyer is unable to obtain the VA Guaranty financing Allowing the loan to be sold on the secondary market Veterans do not have to repay the loan21. What is a major reason why only 10% of the huge pool of military and Veteran homebuyers have used the VA Home Loan? Most do not have a college degree Because Veterans lack knowledge of the benefit More difficult credit requirements22. The potential market for the VA Home Loan program is 1/6th the total homebuyer population. This results in what for the Veteran Real Estate Specialist? (Choose all that apply) A Huge Pool of Potential Customers! Greater Commission Potential Per Sale! Customers That Are More Difficult to Qualify for Loans23. How are real estate professionals paid? Salary Commission By the hour24. How many homes does the average American purchase in their lifetime? 1 3.5 325. What is the average home price for September 2017? Over $100,000 Under $200,000 Over $300,000 Real Name/Stage Name Unit Time is Up! Posted on May 31, 2019April 24, 2020 By admin
