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all texas Champions Real Estate Exam bundle with complete solution
Champions Real Estate Texas Promulgated Contracts-Law of Contracts exams with complete solution best study guide graded A.
[Show more]Champions Real Estate Texas Promulgated Contracts-Law of Contracts exams with complete solution best study guide graded A.
[Show more]mortgage Broker - CORRECT ANSWER Functions as a middleman between the 
borrower and the lender, negotiating, selling or arranging loans to be delivered to 
large investors 
Mortgage Banker - CORRECT ANSWER Provide their own funds for the 
purpose of providing mortgage financing 
Correspondent Lender...
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Add to cartmortgage Broker - CORRECT ANSWER Functions as a middleman between the 
borrower and the lender, negotiating, selling or arranging loans to be delivered to 
large investors 
Mortgage Banker - CORRECT ANSWER Provide their own funds for the 
purpose of providing mortgage financing 
Correspondent Lender...
Loan-to-Value Ratio (LTV) - CORRECT ANSWER 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 ...
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Add to cartLoan-to-Value Ratio (LTV) - CORRECT ANSWER 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 ...
Wrongful or criminal deception intended to result in financial or personal gain is 
called: - CORRECT ANSWERS fraud 
The Buyer and Seller Temporary Residential Lease forms may be used for a lease 
period not to exceed: - CORRECT ANSWERS 90 days 
__________ extend above the surface without limitation...
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Add to cartWrongful or criminal deception intended to result in financial or personal gain is 
called: - CORRECT ANSWERS fraud 
The Buyer and Seller Temporary Residential Lease forms may be used for a lease 
period not to exceed: - CORRECT ANSWERS 90 days 
__________ extend above the surface without limitation...
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording - answer B;A(n) __________________ contract is defined as a contract that is binding on the ...
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Add to cartThe elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording - answer B;A(n) __________________ contract is defined as a contract that is binding on the ...
addenda - answer additions to a completed contract that specify supplementary information to the contract 
amendment - answer change or modification to an already agreed-upon contract 
bilateral contract - answer a contract wherein both parties are obligated to perform in an exchange of promises ...
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Add to cartaddenda - answer additions to a completed contract that specify supplementary information to the contract 
amendment - answer change or modification to an already agreed-upon contract 
bilateral contract - answer a contract wherein both parties are obligated to perform in an exchange of promises ...
complete study questions in concepts of the creation of agency relationships,Understanding the legal implications of misrepresentation and the responsibilities involved in agency relationships.100 % answered.
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Add to cartcomplete study questions in concepts of the creation of agency relationships,Understanding the legal implications of misrepresentation and the responsibilities involved in agency relationships.100 % answered.
topics related to the laws and regulations governing real estate agents and their relationships with principals already covered 100% correct
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Add to carttopics related to the laws and regulations governing real estate agents and their relationships with principals already covered 100% correct
Texas Promulgated Contracts are a set of standardized real estate contract forms developed and required by the state regulatory body, TREC, to govern real estate transactions in the state of Texas.
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Add to cartTexas Promulgated Contracts are a set of standardized real estate contract forms developed and required by the state regulatory body, TREC, to govern real estate transactions in the state of Texas.
questions answered on licensed real estate agents, brokers, loan originators, home inspectors, or appraisers.
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Add to cartquestions answered on licensed real estate agents, brokers, loan originators, home inspectors, or appraisers.
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