When was trec created - Study guides, Class notes & Summaries
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Principles 1 Real Estate Champion School Questions and Answers Already Passed
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Principles 1 Real Estate Champion 
School Questions and Answers Already 
 
Passed 
 
What are the 4 economic Characteristics of land 1,Scarcity, 2, Modification, 3,Fixity 4, Situs 
 
Scarcity Supply and demand, When there is shortage of something that and individual wants 
the price goes up. 
 
Situs The location of the property or land from an economic not geographic viewpoint. 
Preference people have based on location. Location Location Location.... 
 
Ad Valorem Taxes Taxes on real properties...
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Champions Real Estate - Principles 1 Exam Questions With 100% Correct Answers!!
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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; a brokerage transaction may or may not involve agency 
relationships 
The role of a property manager - Generally responsible for the day to day operations of the 
property, maintenance, and tenant relations 
How are home inspectors licensed? - Home inspectors are licensed in Texas by TREC. 
Real Estate Development - most often involves the acquisition of land for...
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Law of Agency - Champions School of Real Estate Exam Questions And Answers
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Law of Agency - Champions School of Real Estate Exam Questions And Answers 
The principal is also known as - ANS client 
 
fiduciary relationship - ANS a relationship founded on trust and confidence 
 
Agency Relationship - ANS Exists when one person (the agent) acts for, or on 
behalf of another person (the principal). 
 
the principal - ANS is the one who hires and gives authority to the agent 
 
Texas Real Estate License Act TRELA - ANS Was passed 1939. The purpose is to protect th...
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Texas Real Estate State Licensing Exam || Complete Questions & Answers (100% Correct)
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Texas Real Estate State Licensing Exam || Complete Questions & Answers (100% Correct) 
Texas Real Estate State Licensing Exam || Complete Questions & Answers (100% Correct) 
 
When was TREC created? - ANSWER - 1947 
 
TREC has the authority to.. - ANSWER - make rules and regulations. It's rules and laws govern license holders 
 
TREC has how many commission members? - ANSWER - 9 members, 3 represent the general public and 6 are real estate brokers 
 
TREC has the power to.. - ANSWER - subpoena ...
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Texas Real Estate State Certification Exam (2023) – Questions & Answers Verified By Experts (RATED A+)
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When was TREC created? - ANSWER - 1947 
 
TREC has the authority to.. - ANSWER - make rules and regulations. It's rules and laws govern license holders 
 
TREC has how many commission members? - ANSWER - 9 members, 3 represent the general public and 6 are real estate brokers 
 
TREC has the power to.. - ANSWER - subpoena books, records, and witnesses and issue and revoke real estate licenses 
 
If your license is revoked by TREC... - ANSWER - You can appeal the decision to the district court 
 ...
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Texas Real Estate State Exam Correctly Solved!!
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When was TREC created? - ANSWER 1947 
 
TREC has the authority to.. - ANSWER make rules and regulations. It's rules and laws govern license holders 
 
TREC has how many commission members? - ANSWER 9 members, 3 represent the general public and 6 are real estate brokers 
 
TREC has the power to.. - ANSWER subpoena books, records, and witnesses and issue and revoke real estate licenses 
 
If your license is revoked by TREC... - ANSWER You can appeal the decision to the district court 
 
Who write...
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Law of Agency - Champions School of Real Estate test with Verified Solutions 2024
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Law of Agency - Champions School of Real 
Estate test with Verified Solutions 2024 
The principal is also known as - Answer -client 
fiduciary relationship - Answer -a relationship founded on trust and confidence 
Agency Relationship - Answer -Exists when one person (the agent) acts for, or on 
behalf of another person (the principal). 
the principal - Answer -is the one who hires and gives authority to the agent 
Texas Real Estate License Act TRELA - Answer -Was passed 1939. The purpose is to p...
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Law of Agency - Champions School of Real Estate 2024 Latest Questions With Passed Solutions!!
- Exam (elaborations) • 10 pages • 2024
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The principal is also known as - Answer-client 
fiduciary relationship - Answer-a relationship founded on trust and confidence 
Agency Relationship - Answer-Exists when one person (the agent) acts for, or on 
behalf of another person (the principal). 
the principal - Answer-is the one who hires and gives authority to the agent 
Texas Real Estate License Act TRELA - Answer-Was passed 1939. The purpose is to protect the public 
against unscrupulous brokers and sales agents. 
Texas Real Estate Comm...
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Champion School of Real Estate Questions Perfectly Answered!!
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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 
Property Managers are generally responsible for the following - Answer-Day to Day operations, 
Maintenance and Tenant Relations 
RMLO - Answer-Mortgage Brokers are known as 
NAR - Answer-The largest trade organization representing real estate professionals is 
Value - Answer-A fair return or equivalent in goods, services, or money for something exchanged 
...
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Texas Real Estate State Certification Exam (2023) – Questions & Answers Verified By Experts (GRADED A+)
- Exam (elaborations) • 11 pages • 2023
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Texas Real Estate State Certification Exam (2023) – Questions & Answers Verified By Experts (GRADED A+)Texas Real Estate State Certification Exam (2023) – Questions & Answers Verified By Experts (GRADED A+)Texas Real Estate State Certification Exam (2023) – Questions & Answers Verified By Experts (GRADED A+)Texas Real Estate State Certification Exam (2023) – Questions & Answers Verified By Experts (GRADED A+) 
 
When was TREC created? - ANSWER - 1947 
 
TREC has the authority to.. - ANSW...
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