Apartment locators - Study guides, Class notes & Summaries

Principles of Real Estate 1 Exam With 100% Correct Answers Texas Real Estate Agent - answerA 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? - answerNo. There are two types of licenses: - answerbroker's and salesperson's license What is the most popular division of the real estate market? - answerResidential real estate because there are more transactions in r...

Principles of Real Estate Champions School of Real Estate 1 Exam with Correct Solutions 2024 3 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 comme...

Champions School of Real Estate-Principles of Real Estate I Exam with 100% correct solutions 3 Physical Characteristics of Land - answerIndestructibility or durability Immobility Non homogeneity Mortgage Lending - answerbusiness of providing money to individuals or corporations for the conditional transfer or pledge of real estate as security for payment of a debt RMLO - answerResidential Mortgage Lenders Originator Property Management - answerManagement of residential and commercial pr...

commercial property - ANSWERSA real estate specialty. Commercial property includes: Office buildings, Retail Stores, gas stations Industrial property - ANSWERSIncludes commercial property used for: manufacturing, storage, distribution centers, research, warehousing Home inspector - ANSWERSA professional (that requires their own licensing) who performs a visual assessment of a property's physical condition for a buyer or seller. Prepares report of findings. Indestructibility - ANSWERS...

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 ...

Home inspector - ANSWER-A professional (that requires their own licensing) who performs a visual assessment of a property's physical condition for a buyer or seller. Prepares report of findings. Indestructibility - ANSWER-(Physical durability) Land is permanent. It can not be destroyed. Fixity - ANSWER-Land can not be moved. Geographic characteristic. situs - ANSWER-Desirability of a location. Economic preference for a location. Real Estate Law basis - ANSWER-All RE law begins with ...

Texas Real Estate Exam STATE Portion Already Graded A How many members in TREC? 9: 3 general public, 6 brokers Who appoints, confirms TREC members? Governor appoints, senate approves How many members on the Broker-Lawyer Committee? 13: 6 brokers, 6 lawyers, 1 public member Who appoints Broker-Lawyer committee members? Brokers/TREC, Lawyers/Pres of State Bar, Public Member/Governor Where is the Real Estate Advisory Committee? Texas A & M Who is on the Real Estate Advisory Committee? 10 membe...

TEXAS REAL ESTATE PREP State Test Chapter 2 Questions and Answers | Latest Update | 2024/2025 | Already Passed **Explain who is exempt from Texas Real Estate Licensing requirements.** Exemptions from Texas Real Estate Licensing include licensed attorneys, court-appointed receivers, trustees, guardians, and sheriffs, administrators and executors of estates, on-site apartment managers, new home salespersons working exclusively for one builder or owner, cemetery lot salespersons, FSBO ...

Champions School of Real Estate-Principles of Real Estate I Exam with 100% correct solutions 3 Physical Characteristics of Land - answerIndestructibility or durability Immobility Non homogeneity Mortgage Lending - answerbusiness of providing money to individuals or corporations for the conditional transfer or pledge of real estate as security for payment of a debt RMLO - answerResidential Mortgage Lenders Originator Property Management - answerManagement of residential and commercial pr...

Principles of Real Estate 1 Exam With 100% Correct Answers 2024 Most residential agents go into ________ real estate - answerresidential _______ members make a quorum for the ESAC Comittee - answerseven The two level of licensure are the ____________ license and the ________ license - answersalesperson , broker If you were interested in learning how to professionally value a property, you may want to consider becoming a(n) - answerappraiser Agents called ______ specialize in finding apar...