Trela s - Study guides, Class notes & Summaries

TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae... The _____ is required to ascertain that Brokers are aware of all of their responsibilities. Texas Real Estate Commission The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brok...

AYPO Real Estate Principles of Real Estate I Exam Study Guide Already Passed TREC has the authority under TRELA to suspend or even revoke a broker's license if: They conduct the unlawful practice of law ESAC stands for: Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? 5th Amendment. The CFPB is the: Consumer Finan...

Law of Contracts Practice Study Guide 2024 Complete Exam For a sum of money negotiated between the parties, the buyer has a time period, stated in this paragraph, for the "unrestricted right" to terminate. Which paragraph does this reference? - ANSWER- Option money paragraph With regard to common mistakes on contracts, it is recommended that the seller's name be used on the contract as it is named in the: - ANSWER- In an S Corporation, the earnings of the shareholders are: - ANSWER-...

Ch. 6 _ Intermediary _ Quiz (2023/2024) Graded A 1. An associate of a broker, while working with a nonrepresented buyer, begins to give advice and opinions to the buyer during negotiations with a seller represented by the broker. MOST likely the broker has become a(n) a. single agent of the buyer. b. intermediary. c. undisclosed dual agent. d. facilitator. c. undisclosed dual agent. 2. Currently, the form of dual representation known as dual agency is a. not permitted by TRELA. b. permitt...

Customer A person who received limited brokerage services without establishing an agency relationship Agency A relationship between two parties Texas Real Estate License Act (TRELA) Makes it illegal to practice any act of real estate brokerage without a license. To protect the public from unscrupulous brokers and sales agents. Agent Acts for and on behalf of another person (the principal) The Principal Who must the agent always remain loyal (beneficial) to? The ...

AYPO Real Estate Law of Agency Final Exam Review with Complete Solutions Real estate agents are considered to have which kind relationship with clients? A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of the following is a reason to study the aspects of agency and agency law? 1. Agents who are well versed in the aspects of th...

Customer correct answers A person who received limited brokerage services without establishing an agency relationship Agency correct answers A relationship between two parties Texas Real Estate License Act (TRELA) correct answers Makes it illegal to practice any act of real estate brokerage without a license. To protect the public from unscrupulous brokers and sales agents. Agent correct answers Acts for and on behalf of another person (the principal) The Principal correct answers Wh...

A broker who fails to make it clear to all parties to a real estate transaction which party he or she is representing is normally punished through which of the following means? - A suspension of the broker's license A contract is terminated because the agent neglected to file all of the necessary paperwork to make the contract legal. This contract was terminated by which of the following? - Operation of Law A licensee inadvertently representing more than one party is normally also... - an ...

TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae... The _____ is required to ascertain that Brokers are aware of all of their responsibilities. - Texas Real Estate Commission The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate br...

ACEABLE REAL ESTATE PRINCIPALS 1 EXAM PRACTICE TEST WITH COMPLETE SOLUTIONS A married couple purchased a primary residence for $600,000 in 2015. They lived there for seven years. In 2022, they sold the property for $1,000,000. How much profit will they owe capital gains tax on? -answer0 What is a REALTOR®? -answera member of the National Association of Realtors®. Which of the following is NOT a category of the NAR® Code of Ethics? -answerDuties to lenders Select the statement that de...