Formula: Buyer's new loan amount divided by 500=number of five hundred dollar increments (rounded up to nest whole number) times (x) $1.50= Intangibles tax. Calculate the intangibles tax on a property with a sales price of $87,500 with a new 30 year, 90% conventional loan.

Connie's manager criticizes her for not including enough information on the report. The criticism she receives is an example of __________.

a. social loafing b. adjourning c. conflict d. groupthink

The Real Estate Education, Research, and Recovery fund has paid an aggregate amount of $45,000 on behalf of a licensee. Would the fund be liable for future acts of that licensee?

A. Yes, after a 3-year period. B. Yes, after a 5-year period. C. No, the liability of the fund is terminated after $45,000 has been paid. D. No, unless the licensee pays the money back to the fund.