Apartment locator - Study guides, Class notes & Summaries
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Texas Real Estate Exam (State Portion): Licensing Questions With Complete Solutions
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License Required correct answer: broker, salesperson, apartment locator (display), property manager, raw land sales, timeshare sales, brokerage 
 
Easement or Right of Way correct answer: cannot be sold, bought, leased, or transferred for another for compensation for use in telecommunication, utility, R/R, pipeline UNLESS: 
licensed broker/sales, exempt from act, registered with commission under Subchapter K 
application for this requires background check and fingerprinting 
 
Exemptions from ...
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Principles of Real Estate 1- Aceable Agent Key Revision Questions and Answers 2024
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Apartment Locator - a real estate license holder who locates dwelling units for 
prospective tenants 
Tenant - one who possesses (rents) real property for a period of time, usually under a 
lease. The property or estate is normally owned by the landlord. 
Broker - Someone who assists in buying and selling to receive a commission 
Client - The person that an agent is representing, made official through a representation 
documents. 
Sales Agent Apprentice Education (SAE) - an educational requir...
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Aceable Agent: Level 1 Exam Questions with Correct Answers
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Aceable Agent: Level 1 Exam Questions with 
Correct Answers 
Five Catagories of Real Estate Properties - answer(1) Residential, (2) Commercial, (3) 
Industrial, (4) Farm & Land/ Agriculture (5) Special Purpose 
Apartment Locator - answerA real estate license holder who locates dwelling units for 
prospective tenants 
Tenant - answerone who possesses (rents) real property for a period of time, usually under 
a lease. The property or estate is normally owned by the landlord. 
Broker - answerSomeon...
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Aceable Agent: Level 1 Exam Questions with Correct Answers
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Aceable Agent: Level 1 Exam Questions with 
Correct Answers 
Five Catagories of Real Estate Properties - answer(1) Residential, (2) Commercial, (3) 
Industrial, (4) Farm & Land/ Agriculture (5) Special Purpose 
Apartment Locator - answerA real estate license holder who locates dwelling units for 
prospective tenants 
Tenant - answerone who possesses (rents) real property for a period of time, usually under 
a lease. The property or estate is normally owned by the landlord. 
Broker - answerSomeon...
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Texas Real Estate Agent State Exam Chapter 2 Questions With complete Solutions
- Exam (elaborations) • 6 pages • 2023
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Chapter 2 Licensing correct answer: Sales Exam 2 questions 
 
Person who is exempt from Real Estate license in Texas correct answer: 1. Texas licened attorney who will not get comission split 
2. Court apppointed receiver, Trustee, Guardian, and Sherifs any who is in charge for foreclosure 
3. Administrator and executor of a will 
4. Onsite apartment managaer 
5. New home sale agent working for one builder or owner 
6. Cemetery Lot agent 
7. FSBO 
8. Employee who lease or rent for owner 
9. Co...
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Principles of Real Estate I (ch 1-12 quiz questions) 100% CORRECT!
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1. With regard to the Apartment Locator profession, which of the following statements is true? - ANSWER -Locators are typically on a fixed salary paid by the locator company. 
-In Texas, a real estate license is not required to operate as a roommate locator. Apartment locating has expanded to include condominiums and single family homes. 
-Locator fees are ultimately paid by the tenants. 
 
 1. Opportunities abound in real estate education because - ANSWER -nearly all states require the completi...
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Aceable Agent: Level 1Questions with 100% correct answers
- Exam (elaborations) • 5 pages • 2024
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Five Catagories of Real Estate Properties - correct answer (1) Residential, (2) Commercial, (3) Industrial, (4) Farm & Land/ Agriculture (5) Special Purpose 
 
Apartment Locator - correct answer A real estate license holder who locates dwelling units for prospective tenants 
 
Tenant - correct answer one who possesses (rents) real property for a period of time, usually under a lease. The property or estate is normally owned by the landlord. 
 
Broker - correct answer Someone who assists in buyin...
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Aceable Agent: Level 1 exam 2023 with 100% correct answers
- Exam (elaborations) • 5 pages • 2023
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Five Catagories of Real Estate Properties - correct answer -(1) Residential, (2) Commercial, (3) Industrial, (4) Farm & Land/ Agriculture (5) Special Purpose 
 
Apartment Locator - correct answer -A real estate license holder who locates dwelling units for prospective tenants 
 
Tenant - correct answer -one who possesses (rents) real property for a period of time, usually under a lease. The property or estate is normally owned by the landlord. 
 
Broker - correct answer -Someone who assists in b...
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ACEABLE AGENT: LEVEL 1 QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED.
- Exam (elaborations) • 5 pages • 2024
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ACEABLE AGENT: LEVEL 1 QUESTIONS AND ANSWERS, 
GRADED A+/ VERIFIED. 
Five Catagories of Real Estate Properties - -(1) Residential, (2) Commercial, (3) Industrial, (4) Farm & 
Land/ Agriculture (5) Special Purpose 
Apartment Locator - -A real estate license holder who locates dwelling units for prospective tenants 
Tenant - -one who possesses (rents) real property for a period of time, usually under a lease. The 
property or estate is normally owned by the landlord. 
Broker - -Someone who assis...
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Texas Real Estate Exam Questions & Answers(Latest Update 2023/2024)
- Exam (elaborations) • 10 pages • 2023
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If an applicant for a sales license engages in a brokerage transaction, the applicant: 
 
a. may be paid for the transaction, after he gets his license 
b. may face criminal charges resulting in fine or jail 
c. is following standard operating procedures 
d. is ineligible for a license for 2 years - ANSWER b 
 
An unlicensed assistant is hired to increase an agents listing inventory. The assistant may: 
 
a. create marketing flyers and distribute the flyers door to door 
b. create flyers and sh...
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