Apartment locators - Study guides, Class notes & Summaries
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Champions School Ch. 1 - Intro to Real Estate Exam Questions and Answers
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brokerage - ANSWER-the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. 
 
RMLOs - ANSWER-Are also know as mortgage brokers 
 
NAR - ANSWER-The largest trade organization representing real estate professionals 
 
Value - ANSWER-A fair return or equivalent in goods, services, or money for something exchanged 
 
appraisal - ANSWER-the business of providing a professional opinion of the value of real property 
 
mortgage lending -...
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Aceable Agent questions 2024 with 100% correct answers
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Apartment Locators - correct answer a real estate license holder who locates dwelling units for prospective tenants 
 
Tenant - correct answer one who possesses a property under a lease without ownership 
 
Broker - correct answer someone who assists in buying and selling to receive a commission 
 
Client - correct answer a person or company that buys or leases any product or service 
 
Land - correct answer the surface of the earth, extending down to the center of the earth and up into space 
 ...
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Champions School Ch. 1 - Intro to Real Estate Questions And Answers Graded A+
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brokerage - the aspect of the real estate business that pertains to overseeing the needs of the 
parties and completing a transaction. 
RMLOs - Are also know as mortgage brokers 
NAR - The largest trade organization representing real estate professionals 
Value - A fair return or equivalent in goods, services, or money for something exchanged 
appraisal - the business of providing a professional opinion of the value of real property 
mortgage lending - business of providing money to individuals ...
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Principles of Real Estate Questions With Correct Answers.
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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 providing money to individuals or corporations for the conditional transfer or pledge of real estate as security for the payment of a debt. 
 
 
RMLOs 
Residential Mortgage Loan Originators 
 
 
Residential M...
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Champions School of Real Estate-Principles of Real Estate I Exam 2023-24
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Physical Characteristics of Land - ANSWER Indestructibility or durability 
Immobility 
Non homogeneity 
Mortgage Lending - ANSWER business of providing money to individuals or 
corporations for the conditional transfer or pledge of real estate as security for payment 
of a debt 
RMLO - ANSWER Residential Mortgage Lenders Originator 
Property Management - ANSWER Management of residential and commercial 
properties on behalf of owner/investor 
Apartment Locators - ANSWER Locates rentals of tenants...
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Champions - Principles of Real Estate 1 Latest Version Graded A+
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Champions - Principles of Real Estate 1 
 
Latest Version Graded A+ 
 
Brokerage The aspect of the real estate business that pertains to overseeing the needs of the 
parties and completing a transaction. 
 
Appraiser Person who provides opinion of value in appraisal report 
 
Residential Mortgage Loan Originator (RMLOs) aka Mortgage Brokers. Licensed in Texas 
by the TX Dept. of Savings & Mortgage Lending 
 
Property Managers are responsible for... 1.) Day-to-day operations 2.) Maintenance 3.) 
...
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ACEABLE Agent Exam Questions and Answers
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Apartment Locators - Answer-a real estate license holder who locates dwelling units for prospective tenants 
 
Tenant - Answer-one who possesses a property under a lease without ownership 
 
Broker - Answer-someone who assists in buying and selling to receive a commission 
 
Client - Answer-a person or company that buys or leases any product or service 
 
Land - Answer-the surface of the earth, extending down to the center of the earth and up into space 
 
Real Estate - Answer-includes the land ...
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Champions School Ch. 1 - Intro to Real Estate With Complete Solutions | 100% Pass
- Exam (elaborations) • 3 pages • 2024
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the aspect of the real estate business that pertains to overseeing the needs of the parties and 
completing a transaction. - brokerage 
Are also know as mortgage brokers - RMLOs 
The largest trade organization representing real estate professionals - NAR 
A fair return or equivalent in goods, services, or money for something exchanged - Value 
the business of providing a professional opinion of the value of real property - appraisal 
business of providing money to individuals or corporations for...
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Principles of Real Estate Questions With Correct Answers.
- Exam (elaborations) • 20 pages • 2024
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Principles of Real Estate Questions With Correct Answers. 
Texas Real Estate Agent 
A person who is licensed through TREC. 
Texas Real Estate Commission 
 
 
Does a person who manages, buys, sells, leases, or rents their own property have to be licensed through TREC? 
No. 
 
 
There are two types of licenses: 
broker's and salesperson's license 
 
 
What is the most popular division of the real estate market? 
Residential real estate because there are more transactions in residential in other...
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AceableAgent key terms Exam 2023/2024
- Exam (elaborations) • 13 pages • 2023
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AceableAgent key terms Exam 2023/2024 
 
Apartment Locators - ANSWER-A real estate license holder who locates dwellings for perspective tenants 
 
tenant - ANSWER-One who possesses a propert under a lease without ownership 
 
Broker - ANSWER-Someone who assists in buying and selling to receive a commission 
 
client - ANSWER-The person that an agent is representing, made official through a representation document 
 
Sales agent apprentice education SAE - ANSWER-an educational requirement for cou...
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