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TEXAS REAL ESTATE EXAM QUESTIONS AND ANSWERS 100% CORRECT BASED PEARSON VUE SAMPLE TEST $10.49   Add to cart

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TEXAS REAL ESTATE EXAM QUESTIONS AND ANSWERS 100% CORRECT BASED PEARSON VUE SAMPLE TEST

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  • Course
  • TEXAS REAL ESTATE
  • Institution
  • TEXAS REAL ESTATE

TEXAS REAL ESTATE EXAM QUESTIONS AND ANSWERS 100% CORRECT BASED PEARSON VUE SAMPLE TEST

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  • August 14, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • TEXAS REAL ESTATE
  • TEXAS REAL ESTATE
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IANWAZASKISTUVIA
TEXAS REAL ESTATE EXAM QUESTIONS AND ANSWERS 100%
CORRECT BASED PEARSON VUE SAMPLE TEST
In order for a tenant to claim relief for constructive eviction:


Answers :the landlord must have intentionally withheld required repairs or
maintenance
A buyer purchases a furnished condominium apartment as an investment. The
document that evidences the buyer's ownership of the furniture is a:


Answers :bill of sale
A broker who enters into a property management contract is considered a:


Answers :fiduciary
A buyer's interest in real property, acquired at the moment the seller and the buyer
enter into a sales contract, is known as:


Answers :equitable interest
The appropriate time for a selling broker to explain the agency relationship to a
prospective buyer is:


Answers :at their initial meeting
A broker is asked to lease 1,200 square feet of warehouse space at $6 per square
foot per year. If the broker's commission will be 8 percent of the first year's rental
income, the MAXIMUM amount payable is:


Answers :$576
A geographic region in which similar properties compete with the subject property
for potential buyers is called a:

, Answers :market area
In the absence of a formal appraisal report, which of the following choices is the
MOST appropriate for setting a listing price in a new, rapidly selling
neighborhood?


Answers :The price that willing buyers have recently paid for similar structures
Which of the following factors would be included in the description of replacement
cost?


Answers :Similar utility and current material
Under an exclusive right-to-sell listing, a broker has the authority to take which of
the following actions on behalf of a seller?


Answers :Advertise the property for sale.
Under a lease for a commercial property, a tenant agrees to pay $4,000 per month
plus 3% of the gross monthly sales. This type of lease is called a:


Answers :percentage
The agency that is charged with enforcing the Comprehensive Environmental
Response, Compensation, and Liability Act (CERCLA) in the case of an owner
who allows the dumping of wastes on a property is the:


Answers :Environmental Protection Agency
A percentage lease would MOST often be used for tenants in:


Answers :a shopping center

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