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CHAMPIONS SCHOOL OF REAL ESTATE COMPLETE COMPILATION BUNDLE|ALL GRADED A|GUARANTEED SUCCESS $60.49   Add to cart

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CHAMPIONS SCHOOL OF REAL ESTATE COMPLETE COMPILATION BUNDLE|ALL GRADED A|GUARANTEED SUCCESS

CHAMPIONS SCHOOL OF REAL ESTATE COMPLETE COMPILATION BUNDLE|ALL GRADED A|GUARANTEED SUCCESS

27 items

Champions Real Estate - Principles 1 Exam /2023 with complete solutions

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brokerage the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction; a brokerage transaction may or may not involve agency relationships The role of a property manager Generally responsible for the day to day operations of the p...

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Real Estate Exam Prep (Champions; Texas) with complete solutions

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appurtenance term used to describe rights, privileges or improvements that belong to and pass with the land improvements man's additions to the land such as building and landscaping 00:00 01:28 personal property also called chattel or personalty; a right or interest in sm...

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Real Estate Finance I-CHAMPIONS WITH COMPLETE SOLUTIONS

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The minimum downpayment on a VA loan is: (a) 2% of the sales price (b) 0% of the sales price (c) 3.75% of the sales price (d) 1% of the sales price B _________ is the process of creating a new mortgage loan. (a) Origination (b) Funding (c) Underwriting (d) Servicing ...

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Principles of Real Estate 1- Champions School of Real Estate with correct answers

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a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification D.) Modification The supply of Real Estate is affe...

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Champions School of Real Estate - Exam Prep with complete solutions

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Buyer Representation Agreement An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency Agency as a result of customary, usual or typical conditions 00:11 01:28 Broker A properly licensed party who serves a principal in an agency relations...

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Champions Real Estate Finance 2022/2023 update

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Loan-to-Value Ratio (LTV) The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage ...

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Law of Agency - Champions School of Real Estate with complete solutions

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The principal is also known as client fiduciary relationship a relationship founded on trust and confidence 00:02 01:28 Agency Relationship Exists when one person (the agent) acts for, or on behalf of another person (the principal). the principal is the one who hi...

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Champions Exam Prep: State Questions with 100% correct answers

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TREC has received an application for a Texas Real Estate Sales License from Mary. Mary has completed all her educational requirements, and passed the state exam. At this point TREC will begin the background check. What is FALSE? (a) TREC has no time limit for determining integrity (b) TR...

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Champions Real Estate Exam: Law of Agency with 100% complete solutions

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This person hires an agent The Principal The agent works on behalf of this person the client (principal) 00:22 01:28 This type of agency allows for the greatest range of authority Universal This is provided to the agent when there is written documentation that the a...

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Champions School of Real Estate-Principles of Real Estate II with complete solutions

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Appraisal an appraiser's opinion of value, used to determine market value property to secure the loan Loan to Value Ratio Percentage of value or sales price that a lender is willing to finance 00:35 01:28 Desk Review an appraisal that simply reviews a checklist of items a...

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Exam: Law of Agency - Champions with 100% complete solutions

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Which of the following has the authority to suspend or revoke a Texas real estate license? TREC Which of the following is an element of a listing agreement? the agreement to pay a stated commission, usually a percentage of the sales price 00:53 01:28 the IRS considers which...

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Champions- Real Estate National Exam Prep- Chapter 1 - Real Property Characteristics, Legal Descriptions, and Property Use with 100% complete solutions

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Physical Characteristics Non-homogeneity, immobility, and indestructibility Economic Characteristics scarcity, improvements, permanence of investment, area preference 00:13 01:28 Scarcity A situation in which unlimited wants exceed the limited resources available to fulfil...

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Champions School of Real Estate (Real Estate Salesperson State Prep Exam 1) with complete solutions

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TREC has the power to order witnesses to appear and/or produce records of documents for its investigations and hearings. This is called subpoena power. If a license holder fails to respond to a subpoena, what can TREC do? (a) TREC can assess an administrative penalty against the license holder fo...

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Champions School Ch. 1 - Intro to Real Estate with complete solutions

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brokerage the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. RMLOs Are also know as mortgage brokers 00:12 01:28 NAR The largest trade organization representing real estate professionals Value A...

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Champions Real Estate License Exam Prep Chapters 1 & 2 with 100% complete solutions

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Real Property Consists or land, improvements attached to the land, benefits, rights and ownership interests that go with the land. Appurtenance Used to describe rights, privileges or improvements that belong to and pass with the land. Personal Property a right or interest in things ...

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Law of Contracts - CHAMPIONS TEST WITH 100% COMPLETE SOLUTIONS

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Wrongful or criminal deception intended to result in financial or personal gain is called: fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: 90 days __________ extend above the surface without limitation. air rights An ...

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Champions - Principles of Real Estate 1 - Chapter 1: Introduction to Real Estate with 100% complete solutions

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Brokerage overseeing the needs of the parties to a real estate transaction and seeing it to its completion Property Management management of residential and commercial properties on behalf of investor-owner; day-to-day operations, maintenance, tenant relations Real Estate Development...

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Champions - Principles of Real Estate 1 - Chapter 1: Introduction to Real Estate with 100% complete solutions

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Brokerage overseeing the needs of the parties to a real estate transaction and seeing it to its completion Property Management management of residential and commercial properties on behalf of investor-owner; day-to-day operations, maintenance, tenant relations Real Estate Development...

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State Test- Champions RE School with 100% correct answers

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TREC (Texas Real Estate Commission) -created in 1949 -protect the public -authority to make rules and regulations -consists of 9 commission members, 3 represent the general public & 6 are real estate brokers. All appointed by the governor and approved by the Senate. Serve 6 year terms. Br...

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Champions School - Texas with 100% correct answers

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TREC The Texas real estate commission - 6 broker members and 3 public members - they promulgate contract forms for licensees TRELA The Texas real estate license act - passed by legislation to protect the public 00:20 01:28 Broker Lawyer Committee 6 attorneys appointed by t...

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Champions School Of Real Estate Promulgated forms with 100% complete solutions already graded A+

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What contract form would you use if you're an agent selling a townhome 1-4 family What type of transaction are TRECS contract promulgated forms used for Residential Who are buyers supposed to hire for inspections TREC licensed Inspectors What % does the lender required repai...

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Real Estate Marketing: Commercial Real Estate (SAE), Champions Commercial Real Estate- SAE

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General Lien (also Statatory) attaches to all the property of the debtor, not exempt from forced sale (Example: a judgment or IRS lien) Diplomacy the ability to handle clients and situations in a sensitive and effective way - is critical in commercial real estate, and a lack of it can expos...

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Champions Real Estate NATIONAL TEST (chs 1-2) Final Exam with complete solutions

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Real Property consists of land, improvements, attached to the land, benefits, rights, and ownership interests that go with the land. Appurtenance is often used to describe rights, privileges, and improvements that belong to and pass with the land 00:02 01:28 Improvements m...

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Champions School Exam prep for state 2019 with 100% complete solutions

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Appointed by governor. Consists of 9 commission members- 3 for general public, 6 for real estate brokers. TREC Created in 1949; Has the authority to make rules and regulations. Has the power to subpoena books, records, and witnesses. TREC 00:00 01:28 If a license holder fai...

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Principles 1 Real Estate Champion school

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What are the 4 economic Characteristics of land 1,Scarcity, 2, Modification, 3,Fixity 4, Situs Scarcity Supply and demand, When there is shortage of something that and individual wants the price goes up. 00:14 01:28 Situs The location of the property or land from an econom...

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Principles of Real Estate I - Champions School with 100% correct answers already graded A

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Brokerage the aspect of the real estate business that pertains to overseeing the needs of the parties and COMPLETING A TRANSACTION. Not the same as agency; a brokerage transaction may or may not involve agency relationships. Appraisal the business of providing a professional opinion of valu...

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Champion School of Real Estate- Law of Agency with 101% correct answers

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Broker A Properly Licensed party who serves a principal in an agency relationship Agency A fiduciary relationship between a broker and a principal or a broker and a client 00:13 01:28 Fiduciary A Party acting for another in a position of trust-a broker or agent Fidu...

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