Texas Principles Of Real Estate 1 (30-
Hours) Final Exam With 100% Correct
And Verified Answers
emblements are best described by which of the following? - Correct
Answer-Harveststable plants
what states that a party, or parties, associated with a contract will
cover certain losses or expenses incurred by another party under the
contract? - Correct Answer-An indemnification clause
which of these is NOT one of the five duties owed by a fiduciary? -
Correct Answer-infidelity
which of these is NOT associated with metes and bounds
measurements? - Correct Answer-monuments
FTC&__ is a comprehensive consumer act and includes all
violations of the Sherman and clayton Acts. - Correct Answer-15
multiple real estate brokerages establishing an across-the-board 6%
commission for their agent would be guilty of which of these? -
Correct Answer-price fixing
which kind of easement not only allows access to another person's
property but also allows the removal of material resources
contained in the property? - Correct Answer-A profit
under legal guidelines established by court precedent in contact law,
law which of these statement is false? - Correct Answer-printed
agreement override signed and dated handwritten changes to the
printed agreement.
, what is the name of the governing body for real estate in texas? -
Correct Answer-Texas real Estate Commission(TREC)
Which of the following fulfills section 1101.806 of TRELA
requirements fir compensation? - Correct Answer-the agreement to
pay was in writing and sighed by the party to be charged.
the commission may require a license suspension or revocation is
"probated" to do which of these? - Correct Answer-limit practice to
an area prescribed by the commission.
"modifications" in real estate terms are also referred to as which of
these? - Correct Answer-improvements
prior to introduction of the condominium concept, property
ownership had been limited to ownership had been limited to
ownership if which of the following? - Correct Answer-land
The party possessing an encumbrance on another party's property
has a/an __________ that property. - Correct Answer-all of these are
correct
The largest and most complete bundle of rights of ownership is
which of these? - Correct Answer-Fee simple absolute.
which amendment guarantees that a citizen will not be deprived of
property without due process of law? - Correct Answer-5th
Amendment
The practice wherein consumers of protected classes are directed to
certain neighborhoods when shopping for housing is called: -
Correct Answer-Redlining
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