Champions Real Estate Bundled Exams Questions and Answers Updated 2024

Real Estate Exam Prep (Champions; Texas) Study Guide Solutions appurtenance - ANSWER-term used to describe rights, privileges or improvements that belong to and pass with the land improvements - ANSWER-man's additions to the land such as building and landscaping personal property - ANSWER-al...

Real Estate Finance I-CHAMPIONS Exam Practice 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 - ANSWER-B _________ is the process of creating a new mortgage loan. ©EMILL...

Champions Real Estate Marketing SAE Exam Questions and Answers Most common reason a property fails to sell is - ANSWER-price Matching human needs with goods or services to meet those needs is the process of - ANSWER- marketing _____________________ is a key personality trait of a successful age...

Champions Principles of Real Estate 2 Exam Questions and Answers appraisal - ANSWER-value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - ANSWER-The percentage of value or sales price that a lender is willing to finance. limited a...

Principles of Real Estate 1- Champions Quiz with Complete Solutions Contracts with a person who lacks mental capacity can be - ANSWER-either void or voidable Community property is a concept of - ANSWER-Spanish law, and marriage is regarded as a partnership. Intermediary Without Appointments. - ...

Champions Real Estate Exam: Law of Agency Exam Questions and Answers This person hires an agent - ANSWER-The Principal The agent works on behalf of this person - ANSWER-the client (principal) This type of agency allows for the greatest range of authority - ANSWER-Universal This is provided to t...

Real estate Investments / champions Exam Study Guide Solutions if you are holding undeveloped land, your goal as an investment is: - ANSWER-appreciation land is referred to as _____ because it can be seen touched - ANSWER-tangible Formaldehyde gas is: - ANSWER-Colorless Local governments can us...

Champions Real Estate - Principles 1 Exam 2024 Practice Questions and Answers brokerage - ANSWER-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 rol...