Texas property tax code - Study guides, Class notes & Summaries

TExES History 7-12 (233) Exam Questions And Answers the Caddo - ANS dominant group in East Texas before European contact; lived in settled communities and practiced agriculture Empresario System - ANS system of colonization and land management in which settlers were allotted land in Texas as long as they enforced Mexican Law Colonization Law of 1825 - ANS allowed Anglos, who mainly emigrated from the United States, to colonize land in Texas under the empresario system to bet...

Texas Real Estate Exam-State Portion Questions and Answers Already Passed Who is responsible for the acts of a salesperson? The sponsoring broker Failure on the part of the agent to advise the purchaser of real property in writing that he should have the abstract covering the property examined by an attorney of his own selection, or that he should be furnished with a policy of title insurance shall: d. preclude payment of, or recovery of, any commission agreed to be paid on the sale An example...

How does the chief appraiser appeal ARB decision? → He must get a written document with all the appraisal district board of directors signatures approval Who provides the learning material for ARB members? → Comptroller Who pays the ARB members? → Appraisal District What are the levels of trade? → 1. Primary producer → 2. Manufacturer → 3. Wholesaler → 4. Retailer How would you argue investment value in ARB for a recently sold hotel? (investment value typically > ...

25.25(c) corrects what kind of error - clerical error 25.25(d) corrects what kind of error - egregious error (1/3rd too high) A motion filed pursuant to the Texas Property Tax Code, section 25.25(d) requires the taxes be paid before the delinquency date (jan 31) in the amount of... - the tax in full or the undisputed amount of the tax Article VIII, Sec 1 of the Texas Constitution - establishes the right to tax real and tangible personal property; Equal and uniform taxation is cited in Cha...

Market Value - ️️The price at which a property would transfer for cash or its equivalent under prevailing market conditions if: -exposed for sale in the open market with a reasonable time for the seller to find a purchaser -both the seller and purchaser know of all the uses and purposes to which the property is adapted and for which it is capable of being used and of the enforceable restrictions on its use -both seller and purchaser seek to maximize their gains and neither is in a pos...

Principles 1 Aceable Practice Tests Exam Questions with 100% Correct Answers What is the money in the Recovery Trust Account used for? A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction B) To pay commission that agents were wrongfully deprived of C) For taxes for the state of Texas D) For TREC to recover the funds to keep their computer systems up to date - answerA) To pay an aggrieved party who has won a judgment against a l...

A protest against the inclusion of property on the appraisal records for an appraisal district on the ground that the property does not have taxable situs in that district shall be determined in favor of the protesting party if → he establishes that the property is subject to the appraisal by another district or that the property is not taxable in this state. Delivery of Notice: A notice permitted to be delivered by first-class mail is presumed delivered a) 5 days after it is deposi...

Principles 1 Aceable Practice Tests Exam Questions with 100% Correct Answers What is the money in the Recovery Trust Account used for? A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction B) To pay commission that agents were wrongfully deprived of C) For taxes for the state of Texas D) For TREC to recover the funds to keep their computer systems up to date - answerA) To pay an aggrieved party who has won a judgment against a l...

Principles 1 Aceable Practice Tests Exam Questios with 100% Correct Answers What is the money in the Recovery Trust Account used for? A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction B) To pay commission that agents were wrongfully deprived of C) For taxes for the state of Texas D) For TREC to recover the funds to keep their computer systems up to date - answerA) To pay an aggrieved party who has won a judgment against a l...

Principles 1 Aceable Practice Tests Exam Questios with 100% Correct Answers What is the money in the Recovery Trust Account used for? A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction B) To pay commission that agents were wrongfully deprived of C) For taxes for the state of Texas D) For TREC to recover the funds to keep their computer systems up to date - answerA) To pay an aggrieved party who has won a judgment against a l...