Texas principles of real - Study guides, Class notes & Summaries
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RealEstateU - Texas Principles of Real Estate - Part 1 – 107 questions – with complete solutions
- Exam (elaborations) • 14 pages • 2023
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Salesperson's Sponsoring Broker correct answer: a real estate salesperson closes on a transaction, who pays the salespersons commission? 
 
General Agent correct answer: An agent with full authority over one property of the principle. EX: Property Manager. 
 
Supply correct answer: Te amount of goods offered for sale within a given market at a given price during a given period. 
 
Specific Agent correct answer: Agent with limited authority to act on behalf of the principal, such as a listin...
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| VERIFIED & UPDATED | 2024
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL 
ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| 
VERIFIED & UPDATED | 2024 
• The law requiring real estate contracts to be in writing is called the...? 
statue of frauds 
• Statute of Frauds: law that requires some documents (deeds 
included) to be in writing and signed in order to be enforceable by law 
• Illegal practice of directing home seekers to a particular 
neighborhood based on fair housing protected classes? Steering 
• Taking ...
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Texas Principles Of Real Estate II Final Exam| Questions and Answers, A+ Rated|Complete|Newly Updated 2023/2024
- Exam (elaborations) • 20 pages • 2023
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Texas Principles Of Real Estate II Final Exam| Questions and Answers, A+ Rated|Newly Updated 2023/2024 
Written documents affecting a title to real estate are recorded: 
A. where the titleholder resides 
B. where the titleholder has legal residence 
C. at the county clerk's office where the property is located 
D. at any county clerk's office in Texas 
C 
A person appointed by a court to settle the estate of a deceased person when the 
executor cannot perform or refuses to perform is: 
A....
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Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practi
- Exam (elaborations) • 7 pages • 2023
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Texas-Principles of Real Estate=1 Exam 
Practice Questions and Answers Verified 2023 - 
Champions School of Real Estate 
Texas - Principles 1 Exam 
Practice Questions and Answers 
Verified 2023 - Champions 
School of RealEstate 
Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 
1. a: Townhomes and single-family homes differ in that a common wall. 
(a) townhomes share 
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not 
o...
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Texas Principles of Real Estate II Final Exams| Questions and Verified Answers| Grade A| 2023/ 2024 Updates STUDY BUNDLE WITH COMPLETE SOLUTIONS| 100% Guaranteed
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Texas Principles of Real Estate II Final Exams| Questions and Verified Answers| Grade A| 2023/ 2024 Updates STUDY BUNDLE WITH COMPLETE SOLUTIONS| 100% Guaranteed
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Texas Principles of Real Estate - Real Estate U
- Exam (elaborations) • 31 pages • 2023
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Abstract of Title - Answer- A condensed history or summary of all transactions affecting a particular tract of land. 
 
Acceleration clause - Answer- A condition in a real estate financing instrument giving the lender the power to declare all sums owing lender immediately due and payable upon the happening of an event, such as sale of the property, or a delinquency in the repayment of a note. 
 
Accession - Answer- An addition to property through the efforts of man or by natural forces. 
 
Accre...
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Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated :Complete Version
- Exam (elaborations) • 20 pages • 2023
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Texas Principles Of Real Estate II Final Exam: Questions 
& Answers: Latest Updated :Complete Version 
 
Written documents affecting a title to real estate are recorded: 
A. where the titleholder resides 
B. where the titleholder has legal residence 
C. at the county clerk's office where the property is located 
D. at any county clerk's office in Texas -answer- C. at the county clerk's office where the property is 
located 
A person appointed by a court to settle the estate of a deceased pe...
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Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated
- Exam (elaborations) • 20 pages • 2023
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Written documents affecting a title to real estate are recorded: A. where the titleholder resides B. where the titleholder has legal residence C. at the county clerk's office where the property is located D. at any county clerk's office in Texas (Ans - C. at the county clerk's office where the property is located A person appointed by a court to settle the estate of a deceased person when the executor cannot perform or refuses to perform is: A. another executor B. a legatee C. an administrato...
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TEXAS PRINCIPLES OF REAL ESTATE II 300 QUESTIONS AND ANSWERS |2023-2024|A GRADED
- Exam (elaborations) • 33 pages • 2023
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Lenders require a borrower to establish and maintain a reserve fund to ______. - answer- Pay any property taxes in case the borrower misses a payment 
 
Brandon recently purchased an old warehouse building. This building will serve as a hub for local deliveries of fruits and vegetables within the state. During its first week in operation, one of the delivery drivers was involved in an accident that spilled coconuts all over the road and shut down the interstate for hours. What type of risk is th...
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Questions and Verified Answers | Grade A
- Exam (elaborations) • 55 pages • 2024
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Questions and Verified Answers | Grade A Q: Under subchapter E of TRELA the commission has a responsibility to make information available about the commission and its duties in the interest in: Answer: The general public Q: In a real estate transactions who may a licensee represent? Answer: A client Q: What type of real estate market occurs when both supply and demand are low? Answer: Stagnant Market Q: Assume you are a licensee in Texas who...
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