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Texas Principles Real Estate 1 The CE Shop With 100% Correct And Verified Answers
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Texas Principles Real Estate 1 The CE Shop With 100% Correct And Verified Answers
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Texas Principles Real Estate 1 The CEShop With 100% Correct And Verified
Answers
Which one of the following terms refers to the dimensions, physical
features, and contours of the land? - Correct Answer-Topography
Justin decided to build a privacy fence around his yard. He thought
the fence was along the property line, but it turns out he built it one
foot inside his neighbor's property. What will an inspector
document as existing on the neighboring property? - Correct
Answer-Encroachment
The term "real estate" refers to which of the following under
TRELA's general provisions? - Correct Answer-Any interest in real
property, including a leasehold, located in or outside of Texas
Jack works for a great company creating online training for
individuals who want to obtain their real estate license or need to
keep their license current. What is Jack's profession? - Correct
Answer-Real estate educator
Lance purchased a home, but he won't own any real estate—just
shares in a corporation. This is because his new home is ______. -
Correct Answer-A cooperative
How large is a section used in the rectangular government survey
system? - Correct Answer-640 acres
Unhappy with some of the fees a local mortgage company charges
her clients, Renee decides to not do business with that company and
convinces buyer agents showing her listings to not do business with
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, this company, either. What is this an example of? - Correct Answer-
Group boycotting
Eric is a new licensee who wants to specialize in manufacturing and
large office buildings. He is probably interested in which type of
specialization? - Correct Answer-Mixed use
Can sales agents defer their continuing education (CE)
requirements if they don't complete their continuing education prior
to renewal? - Correct Answer-Yes, sales agents may defer
completion of CE for 60 days.
Sue Ellen has a contract to buy Roger's house, which she has always
admired, when Roger decides he's ready to move to a senior living
community. After Roger finds a suitable senior apartment and
moves, Sue Ellen writes a check for the agreed-upon amount, and
Roger transfers the deed to her. What is happening in this scenario?
- Correct Answer-Preformance
James is a real estate licensee in Texas. A complaint has been filed
through the TWCCRD against James for a fair housing violation.
Which of the following is true? - Correct Answer-James could be
sanctioned by both the TWCCRD and the Real Estate Commission.
Barbara, a Texas sponsoring broker for Longhorn Realty, paid
Gwendolyn, a buyer, a portion of the commission Longhorn
received from the sales transaction. This is known as ______. -
Correct Answer-A rebate
The Johnsons have owned a small restaurant for more than 20
years. It's open for lunch and dinner six days a week, and 80% of its
weekday revenue comes from the happy hour drink and appetizer
specials. The town in which their restaurant is located recently
constructed a new middle school and stripped the liquor license
from the Johnsons' restaurant, because it no longer complies with the
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