Champions School of Real Estate |Complete With A+ Graded Answesr

Law of Contracts - Champions School of Real Estate TERLA - Texas Real Estate License Act - Created in 1939 TREC - Texas Real Estate Commission - Created in 1949 to administer/enforce TERLA Real Estate Center - Located at Texas A&M University - Created in 1970 TREC-Promulg...

Champions School of Real Estate - Exam Prep 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 Broker A properly licensed party who serves a principal in ...

Chapter 4 National Real Estate Exam Prep (Champions School of Real estate)Latest Update Graded A+ Express contract Contract that is written or stated Implied contract Contract by actions or evidence Unilateral Contract binds only one party. Example an option Option contract The r...

Real Estate Finance I-CHAMPIONS Exam Questions And Answers. 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) Origin...

Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+ The TREC residential contract forms are: Drafted by the Broker Lawyer Committee Wrongful or criminal deception intended to result in financial or personal gain is called: fraud Under the Deceptive Trade Practices Act, __________ ...

Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+ The TREC residential contract forms are: Drafted by the Broker Lawyer Committee Wrongful or criminal deception intended to result in financial or personal gain is called: fraud Under the Deceptive Trade Practices Act, __________ ...

Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+ The TREC residential contract forms are: Drafted by the Broker Lawyer Committee Wrongful or criminal deception intended to result in financial or personal gain is called: fraud Under the Deceptive Trade Practices Act, __________ ...

Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+ 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...

Champions Real Estate - Principles 1 Exam 2023 (Principles of Real Estate I class study cards) A+ Graded 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 relati...

Real Estate Exam Prep (Champions; Texas)| Latest Update Graded A+ 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 personal property also called chattel...

Principles of Real Estate Questions With Correct Answers. brokerage Overseeing the needs of the parties to a real estate transactions and seeing it to its completion. appraisal Providing a professional opinion of the value of real property. mortgage lending Is the business of providin...

Principles of Real Estate Questions With Correct Answers. They limit consumer choice. Why are antitrust activities illegal? No, because the buyer's consideration is promise to buy. In a purchase offer, is earnest money required to have a binding contract? Yes, Sarah can require that R...

Principles of Real Estate Questions With Correct Answers. The purpose of the Texas real estate license act is To 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 contribute to the ...

Principles of Real Estate Questions With Correct Answers. They limit consumer choice. Why are antitrust activities illegal? No, because the buyer's consideration is promise to buy. In a purchase offer, is earnest money required to have a binding contract? Yes, Sarah can require that R...