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[Show more]Principles of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
The Truth in Lending Act covers credit extended for a 
a. business or commercial transaction. 
b. large apartment building. 
c. mobile home which is used as a residence. 
d. loan secured by a car valued at $30,000. - answerC 
Tr...
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Add to cartPrinciples of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
The Truth in Lending Act covers credit extended for a 
a. business or commercial transaction. 
b. large apartment building. 
c. mobile home which is used as a residence. 
d. loan secured by a car valued at $30,000. - answerC 
Tr...
Principles of Real Estate 1 Exam With 100% 
Correct Answers 
Texas Real Estate Agent - answerA person who is licensed through TREC. 
Texas Real Estate Commission 
Does a person who manages, buys, sells, leases, or rents their own property have to be licensed 
through TREC? - answerNo. 
There are two...
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Correct Answers 
Texas Real Estate Agent - answerA person who is licensed through TREC. 
Texas Real Estate Commission 
Does a person who manages, buys, sells, leases, or rents their own property have to be licensed 
through TREC? - answerNo. 
There are two...
Principles of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
What is a Listing? - answerthe process of getting a property owner to sign a listing 
agreement with you. 
Once you have made contact with a customer and you know that they are actually interested in 
either buying or selling re...
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Add to cartPrinciples of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
What is a Listing? - answerthe process of getting a property owner to sign a listing 
agreement with you. 
Once you have made contact with a customer and you know that they are actually interested in 
either buying or selling re...
Principles of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
Eminent domain allows the government to: 
a. tax private property. 
b. take private property for compensation. 
c. use private property. 
d. none of the above. - answerb. take private property for compensation. 
A formal disclos...
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Add to cartPrinciples of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
Eminent domain allows the government to: 
a. tax private property. 
b. take private property for compensation. 
c. use private property. 
d. none of the above. - answerb. take private property for compensation. 
A formal disclos...
Principles of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
1 of 11 - A growing equity mortgage: 
A. Is an adjustable rate loan. 
B. Allows quick repayment of the loan through accelerated payments. 
C. Includes a margin. 
D. Has a payment cap. - answerB. Allows quick repayment of the loa...
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Add to cartPrinciples of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
1 of 11 - A growing equity mortgage: 
A. Is an adjustable rate loan. 
B. Allows quick repayment of the loan through accelerated payments. 
C. Includes a margin. 
D. Has a payment cap. - answerB. Allows quick repayment of the loa...
Principles of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
A dwelling is untenantable if it substantially lacks: 
(a) a heating unit. 
(b) windows in every room. 
(c) a trash compactor. 
(d) freeway access. - answer(a) a heating unit. 
A landlord has a right of entry: 
(a) in an emergen...
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Add to cartPrinciples of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
A dwelling is untenantable if it substantially lacks: 
(a) a heating unit. 
(b) windows in every room. 
(c) a trash compactor. 
(d) freeway access. - answer(a) a heating unit. 
A landlord has a right of entry: 
(a) in an emergen...
Principles of Real Estate Exam With 100% 
Correct Answers 2024 
A hurricane will often shift large quantities of sandy soil from one end of a barrier island to the 
other. Title to this additional land created by the natural forces of accretion is acquired by the 
owner through a process called - an...
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Correct Answers 2024 
A hurricane will often shift large quantities of sandy soil from one end of a barrier island to the 
other. Title to this additional land created by the natural forces of accretion is acquired by the 
owner through a process called - an...
Principles of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
To be valid, a listing agreement - answermay be oral or written 
The type of listing that assures a broker of 
compensation for procuring a customer, regardless 
of the procuring party, is a(n) - answerexclusive right-to sell ag...
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Add to cartPrinciples of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
To be valid, a listing agreement - answermay be oral or written 
The type of listing that assures a broker of 
compensation for procuring a customer, regardless 
of the procuring party, is a(n) - answerexclusive right-to sell ag...
Principles of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
A Realtor and Broker are... - answernot the same thing 
You can be a broker but you may/may not be a _______. - answerrealtor 
almost all residential brokers are.... - answerrealtors 
You cannot be a realtor if you are... - answ...
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100% Correct Answers 2024 
A Realtor and Broker are... - answernot the same thing 
You can be a broker but you may/may not be a _______. - answerrealtor 
almost all residential brokers are.... - answerrealtors 
You cannot be a realtor if you are... - answ...
Principles of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
Missy, a licensee, desperately wants to be appointed the next California Real Estate 
Commissioner. For the three years she has held her California real estate license, she has been 
ranked in the top five in new home sales in h...
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Add to cartPrinciples of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
Missy, a licensee, desperately wants to be appointed the next California Real Estate 
Commissioner. For the three years she has held her California real estate license, she has been 
ranked in the top five in new home sales in h...
Principles of Real Estate Exam With 100% 
Correct Answers 2024 
Items of personal property that are attached or incorporated into the land in such a manner as to 
become real property are called: - answerfixtures 
Anything attached to the land, such as buildings, fences, walls, walks and shrubs, are...
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Correct Answers 2024 
Items of personal property that are attached or incorporated into the land in such a manner as to 
become real property are called: - answerfixtures 
Anything attached to the land, such as buildings, fences, walls, walks and shrubs, are...
Principles of Real Estate Exam With 100% 
Correct Answers 2024 
Zoning is under the control of: - answergovernment agencies 
Easements appurtenant are for the benefit of: - answeradjoining (neighboring) landowners 
A contract that is binding and enforceable in a court of law is said to be: - answerv...
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Zoning is under the control of: - answergovernment agencies 
Easements appurtenant are for the benefit of: - answeradjoining (neighboring) landowners 
A contract that is binding and enforceable in a court of law is said to be: - answerv...
Principles of Real Estate Exam With 100% 
Correct Answers 2024 
The Transfer Disclosure Statement (TDS) is required in which type of transaction? 
A) Sales involving co-owners B) Sales involving federally regulated lenders C) Sales involving 
one-to-four-family dwellings, except for specified exempt...
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Correct Answers 2024 
The Transfer Disclosure Statement (TDS) is required in which type of transaction? 
A) Sales involving co-owners B) Sales involving federally regulated lenders C) Sales involving 
one-to-four-family dwellings, except for specified exempt...
Principles of Real Estate Chap 2 Exam With 
100% Correct Answers 2024 
Federal Law - answerGenerally speaking, the law that prevails over State Law. 
Strictest Standard Rule - answerThis states that the stricter law (Federal vs. State) will 
prevail and take precedent. 
Health, Safety, and Welfare o...
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100% Correct Answers 2024 
Federal Law - answerGenerally speaking, the law that prevails over State Law. 
Strictest Standard Rule - answerThis states that the stricter law (Federal vs. State) will 
prevail and take precedent. 
Health, Safety, and Welfare o...
Principles of Real Estate Exam With 100% 
Correct Answers 2024 
If a person dies without a will, the procedure for transferring the deceased's property to his or her 
heirs is called: - answerintestate succession 
An oath or affirmation made before a notary public that the content of an instrument ...
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If a person dies without a will, the procedure for transferring the deceased's property to his or her 
heirs is called: - answerintestate succession 
An oath or affirmation made before a notary public that the content of an instrument ...
Principles of Real Estate Final Exam With 
100% Correct Answers 2024 
1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A 
contract becomes binding between the seller and the buyer when the: 
a. buyer signs the counteroffer. 
b. broker is notified of the sell...
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100% Correct Answers 2024 
1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A 
contract becomes binding between the seller and the buyer when the: 
a. buyer signs the counteroffer. 
b. broker is notified of the sell...
Principles of Real Estate Chap 12 Exam With 
100% Correct Answers 2024 
In the real estate context, "price" usually refers to - answerthe final selling price. 
Which of the following situations illustrates the principle of contribution? - answerA 
homeowner adds a third bathroom to a house and the...
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100% Correct Answers 2024 
In the real estate context, "price" usually refers to - answerthe final selling price. 
Which of the following situations illustrates the principle of contribution? - answerA 
homeowner adds a third bathroom to a house and the...
Principles of Real Estate Exam With 100% 
Correct Answers 2024 
real property - answerresidential, commercial, mixed use, industrial, agricultural, special 
purpose 
1949 - answerTexas Real Estate License Act was passed in 
Legislative Acts - answerrules and regulations adopted by government agencie...
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real property - answerresidential, commercial, mixed use, industrial, agricultural, special 
purpose 
1949 - answerTexas Real Estate License Act was passed in 
Legislative Acts - answerrules and regulations adopted by government agencie...
Principles of Real Estate Exam With 100% 
Correct Answers 2024 
In the real estate business, which professional's primary role is to make improvements to land? - 
answerReal estate developer 
Hotels, motels, golf courses, resorts, and sporting arenas belong to which of these property 
categories? -...
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Correct Answers 2024 
In the real estate business, which professional's primary role is to make improvements to land? - 
answerReal estate developer 
Hotels, motels, golf courses, resorts, and sporting arenas belong to which of these property 
categories? -...
Principles of Real Estate Exam With 100% 
Correct Answers 
Loss of value due to lack of modernization is called: - answerFunctional obsolescence 
The __________ is considered the most reliable approach to value because it is based on 
verifiable market events. - answerSales comparison approach 
A lo...
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Loss of value due to lack of modernization is called: - answerFunctional obsolescence 
The __________ is considered the most reliable approach to value because it is based on 
verifiable market events. - answerSales comparison approach 
A lo...
Principles of Real Estate Exam With 100% 
Correct Answers 
The appraised value of a property is: 
(a) The sale price 
(b) An opinion of value 
(c) A market analysis 
(d) The market value of a property - answerB 
For tax purposes the _______ is determined by the taxing authority. 
(a) assessed value ...
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The appraised value of a property is: 
(a) The sale price 
(b) An opinion of value 
(c) A market analysis 
(d) The market value of a property - answerB 
For tax purposes the _______ is determined by the taxing authority. 
(a) assessed value ...
Principles of Real Estate 1 Exam With 100% 
Correct Answers 
All of the following violate the Texas Real Estate License Act, EXCEPT: - answerDisclosing 
all known facts pertaining to a property to a client 
The aspect of the real estate business that is concerned with bringing together the parties a...
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Correct Answers 
All of the following violate the Texas Real Estate License Act, EXCEPT: - answerDisclosing 
all known facts pertaining to a property to a client 
The aspect of the real estate business that is concerned with bringing together the parties a...
Principles of Real Estate 1 Exam With 100% 
Correct Answers 
Which of the following actions does not violate the Texas Real Estate License Act? - 
answerDisclosing all known facts pertaining to a property to a client 
The aspect of real estate business that is concerned with bringing together the pa...
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Which of the following actions does not violate the Texas Real Estate License Act? - 
answerDisclosing all known facts pertaining to a property to a client 
The aspect of real estate business that is concerned with bringing together the pa...
Principles of Real Estate 2 Exam With 100% 
Correct Answers 
Externalities - answerThe unaccounted effects that a land use imposes on surrounding 
parcels 
Comprehensive Plan - answerA local government's general guide to a community's growth 
and development based on the community's goals and obj...
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Externalities - answerThe unaccounted effects that a land use imposes on surrounding 
parcels 
Comprehensive Plan - answerA local government's general guide to a community's growth 
and development based on the community's goals and obj...
Principles of Real Estate 1 Exam With 100% 
Correct Answers 2024 
The purpose of the Texas real estate license act is - answerTo protect the public again on 
scrupulous brokers and salesman 
Climate views axis to natural re-creating good schools and job opportunities are some factors 
that contribut...
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Correct Answers 2024 
The purpose of the Texas real estate license act is - answerTo protect the public again on 
scrupulous brokers and salesman 
Climate views axis to natural re-creating good schools and job opportunities are some factors 
that contribut...
Principles of Real Estate 1 Exam With 100% 
Correct Answers 
The education standards advisory committee is made up of? - answer12 Members 
The commission issues a license to a salesperson after? - answerthe person has met all off the 
requirements for a license 
A deed is used to transfer ownership ...
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The education standards advisory committee is made up of? - answer12 Members 
The commission issues a license to a salesperson after? - answerthe person has met all off the 
requirements for a license 
A deed is used to transfer ownership ...
Principles of Real Estate 1 Exam With 100% 
Correct Answers 2024 
While listing the property with you, the seller asks "Who sets real estate commission rates?" The 
correct response would be: 
a. The standard rate is set by TREC. 
b. The standard commission rate is set state law. 
c. Long ago, the...
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Correct Answers 2024 
While listing the property with you, the seller asks "Who sets real estate commission rates?" The 
correct response would be: 
a. The standard rate is set by TREC. 
b. The standard commission rate is set state law. 
c. Long ago, the...
Principles of Real Estate 1 Exam With 100% 
Correct Answers 
Appraisal is the business of: 
(a) Acquisition of land for development into residential subdivisions and retail centers 
(b) Providing money to individuals or corporations for the conditional transfer or pledge of real 
estate as security ...
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Appraisal is the business of: 
(a) Acquisition of land for development into residential subdivisions and retail centers 
(b) Providing money to individuals or corporations for the conditional transfer or pledge of real 
estate as security ...
Principles of Real Estate 2 Exam With 100% 
Correct Answers 2024 
What helps overcome the difficulties of objectively estimating the value of properties? - 
answerAppraisals 
The approach used as the best indicator of value for existing properties - answerSales 
Comparison 
Refers to the loss in des...
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Correct Answers 2024 
What helps overcome the difficulties of objectively estimating the value of properties? - 
answerAppraisals 
The approach used as the best indicator of value for existing properties - answerSales 
Comparison 
Refers to the loss in des...
Principles of Real Estate 2 Exam With 100% 
Correct Answers 
Profit: - answerA financial gain. Making more money selling a product than was spent 
buying or producing the product. 
Loss: - answerA financial loss — Making less money selling a product than was spent 
buying or producing the product....
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Profit: - answerA financial gain. Making more money selling a product than was spent 
buying or producing the product. 
Loss: - answerA financial loss — Making less money selling a product than was spent 
buying or producing the product....
Principles of Real Estate Exam With 100% 
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What is personal property called? - answerchattel 
For commercial properties, for example, sometimes affixed items are considered ________ 
________ and are therefore the renter's personal property - answertrade fixtures 
what is it ca...
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What is personal property called? - answerchattel 
For commercial properties, for example, sometimes affixed items are considered ________ 
________ and are therefore the renter's personal property - answertrade fixtures 
what is it ca...
Champions Principles of Real Estate Exam 
With 100% Correct Answers 2024 
appraisal - answervalue of a property maybe affected by social, economic, govt and 
environmental influences 
Loan-to-Value Ratio (LTV) - answerThe percentage of value or sales price that a lender is 
willing to finance. 
limi...
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With 100% Correct Answers 2024 
appraisal - answervalue of a property maybe affected by social, economic, govt and 
environmental influences 
Loan-to-Value Ratio (LTV) - answerThe percentage of value or sales price that a lender is 
willing to finance. 
limi...
Champions Principles of Real Estate 1 Exam 
With 100% Correct Answers 2024 
Leasehold Estates - answerpossession and use of property without ownership 
Estate for years (tenancy for years) - answerany lease with a specific starting and ending 
date. Survives the death or sale of the property 
Period...
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With 100% Correct Answers 2024 
Leasehold Estates - answerpossession and use of property without ownership 
Estate for years (tenancy for years) - answerany lease with a specific starting and ending 
date. Survives the death or sale of the property 
Period...
Principles of Real Estate 2 Exam With 100% 
Correct Answers 
Market cycles, Economic forces, Political actions - answerAppraiser must be aware of.... 
Principle of Substitution - answerThe principle of appraisal that states "value is influenced 
by the cost of acquiring a comparable replacement" i...
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Market cycles, Economic forces, Political actions - answerAppraiser must be aware of.... 
Principle of Substitution - answerThe principle of appraisal that states "value is influenced 
by the cost of acquiring a comparable replacement" i...
Principles of Real Estate 1- Champions 
School of Real Estate Exam with 100% 
correct solutions 
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 ...
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School of Real Estate Exam with 100% 
correct solutions 
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 ...
Principles of Real Estate 2 Champion Exam 
With 100% Correct Answers 2024 
An opinion of value - answerThe appraised value of a property is: 
assessed value - answerthe amount that your local government determines your property to 
be worth for tax purposes 
subject property - answerThe property tha...
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An opinion of value - answerThe appraised value of a property is: 
assessed value - answerthe amount that your local government determines your property to 
be worth for tax purposes 
subject property - answerThe property tha...
Principles of Real Estate 2 Champion Exam 
With 100% Correct Answers 2024 
Functional obsolescence - answerRefers to the loss in desirability of the style, layout or 
function of an element of a property over time 
Sales comparison - answerbest indicator of value for existing properties 
highest and...
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With 100% Correct Answers 2024 
Functional obsolescence - answerRefers to the loss in desirability of the style, layout or 
function of an element of a property over time 
Sales comparison - answerbest indicator of value for existing properties 
highest and...
Champions School of Real Estate-Principles 
of Real Estate I Exam with 100% correct 
solutions 
3 Physical Characteristics of Land - answerIndestructibility or durability 
Immobility 
Non homogeneity 
Mortgage Lending - answerbusiness of providing money to individuals or corporations for 
the condit...
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of Real Estate I Exam with 100% correct 
solutions 
3 Physical Characteristics of Land - answerIndestructibility or durability 
Immobility 
Non homogeneity 
Mortgage Lending - answerbusiness of providing money to individuals or corporations for 
the condit...
Principles of Real Estate 2 (TEXAS) Exam 
With 100% Correct Answers 2024 
Appraiser must be aware of? - answermarket cycles economic force political actions 
The principle of appraisal that states "value is influenced by the cost of acquiring a comparable 
replacement" is: - answerprinciple of sub...
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Appraiser must be aware of? - answermarket cycles economic force political actions 
The principle of appraisal that states "value is influenced by the cost of acquiring a comparable 
replacement" is: - answerprinciple of sub...
Principles of Real Estate 2 (TEXAS) Exam 
With 100% Correct Answers 2024 
The approach used as the best indicator of value for existing properties. 
a. functional obsolescence 
b. sales comparison 
c. highest and best use 
d. market value 
e. external obsolescence - answerB 
Refers to the loss in de...
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With 100% Correct Answers 2024 
The approach used as the best indicator of value for existing properties. 
a. functional obsolescence 
b. sales comparison 
c. highest and best use 
d. market value 
e. external obsolescence - answerB 
Refers to the loss in de...
Principles of Real Estate 2 Exam With 100% 
Correct Answers 2024 
The organization that has been most influential in addressing regional imbalances of mortgage 
credit availability and in the standardization of mortgage loans is: - answerFannie Mae 
Fannie Mae began in ________ as an agency of the f...
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The organization that has been most influential in addressing regional imbalances of mortgage 
credit availability and in the standardization of mortgage loans is: - answerFannie Mae 
Fannie Mae began in ________ as an agency of the f...
Principles of Real Estate Exam With 100% 
Correct Answers 2024 
Items of personal property that are attached or incorporated into the land in such a manner as to 
become real property are called: - answerfixtures 
Anything attached to the land, such as buildings, fences, walls, walks and shrubs, are...
Preview 4 out of 31 pages
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Items of personal property that are attached or incorporated into the land in such a manner as to 
become real property are called: - answerfixtures 
Anything attached to the land, such as buildings, fences, walls, walks and shrubs, are...
Principles of Real Estate 2 Exam With 100% 
Correct Answers 2024 
Jennifer and Mallory, a buyer and a seller, are going through the closing process of their real 
estate transaction. In their transaction, like in most sales transactions, two closings will take 
place: - answerthe closing of the sale...
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Jennifer and Mallory, a buyer and a seller, are going through the closing process of their real 
estate transaction. In their transaction, like in most sales transactions, two closings will take 
place: - answerthe closing of the sale...
Principles of Real Estate 1 Exam With 100% 
Correct Answers 2024 
brokerage - answerThe business of bringing buyers and sellers together and assisting in 
negotiations for the terms of sale of real estate. 
real estate broker - answerA person or an organization acting as the agent for others in 
neg...
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brokerage - answerThe business of bringing buyers and sellers together and assisting in 
negotiations for the terms of sale of real estate. 
real estate broker - answerA person or an organization acting as the agent for others in 
neg...
Principles of Real Estate Final Exam With 
100% Correct Answers 
1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A 
contract becomes binding between the seller and the buyer when the: 
a. buyer signs the counteroffer. 
b. broker is notified of the seller's...
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100% Correct Answers 
1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A 
contract becomes binding between the seller and the buyer when the: 
a. buyer signs the counteroffer. 
b. broker is notified of the seller's...
Principles of Real Estate MC 11 Exam With 
100% Correct Answers 2024 
A property is owned by two unmarried individuals without the right of survivorship. The form of 
ownership is most likely: 
a. Community property 
b. Ownership in severalty 
c. Joint Tenancy 
D. Tenancy in common - answerD 
Three ...
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A property is owned by two unmarried individuals without the right of survivorship. The form of 
ownership is most likely: 
a. Community property 
b. Ownership in severalty 
c. Joint Tenancy 
D. Tenancy in common - answerD 
Three ...
1x sold
Principles of Real Estate 2 Champion Exam 
With 100% Correct Answers 2024 
What does D.U.S.T. stand for? - answerDemand, Utility, Scarcity, Transferability 
the percentage of value or sales price that a lender is willing to finance - answerLoan to 
Value Ratio (LTV) 
the value of a property is equal...
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With 100% Correct Answers 2024 
What does D.U.S.T. stand for? - answerDemand, Utility, Scarcity, Transferability 
the percentage of value or sales price that a lender is willing to finance - answerLoan to 
Value Ratio (LTV) 
the value of a property is equal...
Principles of Real Estate 2 Exam With 100% 
Correct Answers 2024 
The appraised value of a property is: 
A) The sale price 
B) An opinion of value 
C) A market analysis 
D) The market value of a property - answerB) An opinion of value 
For tax purposes the _______ is determined by the taxing authori...
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The appraised value of a property is: 
A) The sale price 
B) An opinion of value 
C) A market analysis 
D) The market value of a property - answerB) An opinion of value 
For tax purposes the _______ is determined by the taxing authori...
Principles of Real Estate 1 Exam With 100% 
Correct Answers 2024 
Most residential agents go into ________ real estate - answerresidential 
_______ members make a quorum for the ESAC Comittee - answerseven 
The two level of licensure are the ____________ license and the ________ license - 
answersal...
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Add to cartPrinciples of Real Estate 1 Exam With 100% 
Correct Answers 2024 
Most residential agents go into ________ real estate - answerresidential 
_______ members make a quorum for the ESAC Comittee - answerseven 
The two level of licensure are the ____________ license and the ________ license - 
answersal...
Principles of Real Estate MC 8 Exam With 
100% Correct Answers 2024 
The most common method of describing real estate in subdivisions is: 
a. Lot and block 
b. Metes and bounds 
c. Street address 
d. Rectangular Survey System - answerA 
A method of property description that consists of terminal poin...
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Add to cartPrinciples of Real Estate MC 8 Exam With 
100% Correct Answers 2024 
The most common method of describing real estate in subdivisions is: 
a. Lot and block 
b. Metes and bounds 
c. Street address 
d. Rectangular Survey System - answerA 
A method of property description that consists of terminal poin...
Principles of Real Estate Exam With 100% 
Correct Answers 2024 
The Transfer Disclosure Statement (TDS) is required in which type of transaction? 
A) Sales involving co-owners B) Sales involving federally regulated lenders C) Sales involving 
one-to-four-family dwellings, except for specified exempt...
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Add to cartPrinciples of Real Estate Exam With 100% 
Correct Answers 2024 
The Transfer Disclosure Statement (TDS) is required in which type of transaction? 
A) Sales involving co-owners B) Sales involving federally regulated lenders C) Sales involving 
one-to-four-family dwellings, except for specified exempt...
Principles of Real Estate MC 1 Exam With 
100% Correct Answers 2024 
Brokerage is the aspect of the real estate business that pertains to overseeing the needs of the 
parties and completing a transaction. 
a. True 
b. False - answerA 
Property managers are generally responsible for the of a property...
Preview 1 out of 4 pages
Add to cartPrinciples of Real Estate MC 1 Exam With 
100% Correct Answers 2024 
Brokerage is the aspect of the real estate business that pertains to overseeing the needs of the 
parties and completing a transaction. 
a. True 
b. False - answerA 
Property managers are generally responsible for the of a property...
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