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KY REAL ESTATE FINAL EXAM 2025 WITH 100.pdf what happens with a Judicial foreclosure? - Precise Answer ✔✔the mortgaged property is sold under the supervision of a court broker Dean realizes he has relocation buyers. What is something he should focus on with these buyers? - Precise Answer ✔✔finding a property with good resale value real estate licensees should know enough about building ordinances to be able to... - Precise Answer ✔✔alert clients of potential problems in a home if an industrial property is described as "special-purpose" it is... - Precise Answer ✔✔unsuitable for many uses and processes. during the final walk-through a buyer sees that the seller did not remove a downed tree. What is the best way of handling this? - Precise Answer ✔✔at the closing the buyer could ask for a credit from the seller to remove the downed tree. what is the main purpose of the Kentucky Real Estate Commission? - Precise Answer ✔✔to put into effect and make known the administrative regulations to effectively carry out and enforce the provisions of the Kentucky statutes governing real estate. who must a principal broker supervise in a real estate office? - Precise Answer ✔✔all licensees Affiliated to the principal broker and all other unlicensed employees at that office. broker Hannah just received a $5,000 escrow money deposit how long does she have to deposit it under Kentucky law? - Precise Answer ✔✔without unreasonable delay what type of insurance is mandatory for all active licensees? - Precise Answer ✔✔errors and omissions insurance

COLIBRI REAL ESTATE LAW EXAM 2025 WITH 100.pdfThe discovery step of civil cases is where the parties use a mediator. the complaint is filed. each party presents their case. each party gathers information from each other and third parties. - Precise Answer ✔✔each party gathers information from each other and third parties. What phrase could a licensee use in advertising that would not discriminate on the basis of familial status? Couples only Empty nesters No bicycles allowed Senior discount - Precise Answer ✔✔Senior discount Who is charged with the responsibility of making sure that owners do not use their property in a way that will harm the public? The Real Estate Commission The HOA The government The zoning committee - Precise Answer ✔✔The HOA What type of residential survey, also called a drive-by survey, is designed to show the location of the house and other large structures on the property? A house location survey A cadastral land survey A site survey A boundary survey - Precise Answer ✔✔A house location survey What type of lien is one placed against any and all real and personal property owned by a particular debtor? A specific lien A general lien A senior lien A junior lien - Precise Answer ✔✔A general lien

COLIBRI REAL ESTATE PRACTICE FINAL EXAM 2025.pdfWhy is the condition of bearing walls more important than non bearing walls? - Precise Answer ✔✔Bearing walls support the ceiling and the roof. Owner Tom decided to lease out his basement to a college student. By leasing the basement, Tom has - Precise Answer ✔✔transferred a portion of his bundle of rights What is a forecast of income and expenses that can be projected over five years? - Precise Answer ✔✔Stabilized budget A buyer told broker Lena that she wants to move to Cuban neighborhood. Then the buyer asked if Lena could show her the best home in a Cuban area. How should Lena respond to this request? - Precise Answer ✔✔Lena should explain to the buyer that she ethically and legally cannot recommend housing based on national origin. Which of the following wills may be considered invalid? - Precise Answer ✔✔A will that is not signed. Broker Torrey hires salesperson Wes as an independent contractor. As an independent contractor, Wes can expect which of the following from Broker Torrey? - Precise Answer ✔✔Performance Expectations Which of the following statements best describes what happens with a judicial foreclosure? - Precise Answer ✔✔The mortgaged property is sold under the supervision of a court. Which of the following best describes the principle of conformity? - Precise Answer ✔✔A home maintains its highest value by being in a neighborhood with similar-type housing. The cost of doing direct mail advertising depends on - Precise Answer ✔✔The frequency of the mailings A typ

Colibri Real Estate Final Exam 2025.pdfbuyer pays seller to occupy and use property - Precise Answer ✔✔land contract buyer pays rent and other expenses - Precise Answer ✔✔net lease buyer pays only rent - Precise Answer ✔✔gross lease Tenants in common, 2 of 3 people die. Who gets the property of those who died? - Precise Answer ✔✔goes to heirs Joint Tenancy, 3 of 4 people die. Who gets property of those who died? - Precise Answer ✔✔Tenant owns it in severality Another word for principal - Precise Answer ✔✔Client Protected by Fair Housing Act - Precise Answer ✔✔race, nat. origin, sex, color, religion, disability, familial status Not protected by Fair Housing Act - Precise Answer ✔✔marital status telling homeowners that property values will be declining because of ethical/racial makeup is changing - P

HFMA.pdfLearning Objective 1/2: Discuss the components of the 3 HFMA revenue cycle initiatives collectively called Healthcare Dollars & Sense. - Precise Answer ✔✔n/a Learning Objective 2/2: Summarize the best practices for each of the 3 Healthcare Dollars & Sense Initiatives. - Precise Answer ✔✔n/a Healthcare Dollars & Sense is the name given to what 3 HFMA revenue cycle initiatives? - Precise Answer ✔✔- Patient financial communications best practices - Best practices for price transparency - Medical account resolution

What are collection agency fees based on? - Precise Answer ✔✔A percentage of dollars collected Self-funded benefit plans may choose to coordinate benefits using the gender rule or what other rule? - Precise Answer ✔✔Birthday In what type of payment methodology is a lump sum or bundled payment negotiated between the payer and some or all providers? - Precise Answer ✔✔Case rates What customer service improvements might improve the patient accounts department? - Precise Answer ✔✔Holding staff accountable for customer service during performance reviews What is an ABN (Advance Beneficiary Notice of Non-coverage) required to do? - Precise Answer ✔✔Inform a Medicare beneficiary that Medicare may not pay for the order or service What type of account adjustment results from the patient's unwillingness to pay for a self-pay balance? - Precise Answer ✔✔Bad debt adjustment What is the initial hospice benefit? - Precise Answer ✔✔Two 90-day periods and an unlimited number of subsequent periods When does a hospital add ambulance charges to the Medicare inpatient claim? - Precise Answer ✔✔If the patient requires ambulance transportation to a skilled nursing facility How should a provider resolve a late-charge credit posted after an account is billed? - Precise Answer ✔✔Post a late-charge adjustment to the account an increase in the dollars aged greater than 90 days from date of service indicate what about accounts - Precise Answer ✔✔They are not being processed in a timely manner What is an advantage of a preregistration program? - Precise Answer ✔✔It reduces processing times at the time of service What are the two statutory exclusions from hospice coverage? - Precise Answer ✔✔Medically unnecessa

Through what document does a hospital establish compliance standards? - Precise Answer ✔✔code of conduct What is the purpose OIG work plant? - Precise Answer ✔✔Identify Acceptable compliance programs in various provider setting If a Medicare patient is admitted on Friday, what services fall within the three-day DRG window rule? - Precise Answer ✔✔Non-diagnostic service provided on Tuesday through Friday What does a modifier allow a provider to do? - Precise Answer ✔✔Report a specific circumstance that affected a procedure or service without changing the code or its definition IF outpatient diagnostic services are provided within three days of the admission of a Medicare beneficiary to an IPPS (Inpatient Prospective Payment System) hospital, what must happen to these charges - Precise Answer ✔✔They must be billed separately to the part B Carrier what is a recurring or series registration? - Precise Answer ✔✔One registration record is created for multiple days of service What are nonemergency patients who come for service without prior notification to the provider called? - Precise Answer ✔✔Unscheduled patients Which of the following statement apply to the observation patient type? - Precise Answer ✔✔It is used to evaluate the need for an inpatient admission which services are hospice programs required to provide around the clock patient - Precise Answer ✔✔Physician, Nursing, Pharmacy

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