Texas broker - Study guides, Class notes & Summaries
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Aceable Agent Texas Real Estate Principles I 	Question and answer 100% correct 2023
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Aceable Agent Texas Real Estate Principles I 	Question and answer 100% correct 2023Broker's Price Opinion (BPO) 
A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property 
 
 
 
Closing 
The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount 
 
 
 
Comparative Market Analysis (CMA) 
A report comparing the prices of sold homes tha...
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TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS WITH ANSWERS - CHAMPIONS SCHOOL OF REAL ESTATE.VERIFIED
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TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS WITH ANSWERS - CHAMPIONS SCHOOL OF REAL ESTATE.VERIFIED 
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 
own the land because of (d) townhomes are retro-commissioned and share 
2. a: Rights that are associated with the ownership of real property are often referred to as the 
owner's: 
(a) Bundle of rights 
(...
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Champions Powerhouse Training SAE 146 Questions with Verified Answers,100% CORRECT
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Champions Powerhouse Training SAE 146 Questions with Verified Answers 
 
An area of neighborhoods or sub divisons that 
is serviced by your firm. - CORRECT ANSWER Geographic Farm 
 
A plan by which you develop to gain name 
recognition - CORRECT ANSWER Marketing Plan 
 
Becoming different in your approach through 
growth and development - CORRECT ANSWER differentiate 
 
All the properties in a particular price range, 
in the area your firm services - CORRECT ANSWER economic farm 
 
Words or cont...
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Texas Principles of Real Estate 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate
- Exam (elaborations) • 6 pages • 2023
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Texas Principles of Real Estate 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate. 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 
own the land because of (d) townhomes are retro-commissioned and share 
2. a: Rights that are associated with the ownership of real property are often referred to as the 
owner's: 
(a) Bundle...
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Texas Real Estate Champions BROKERAGE SAE - CH 1 Latest Update 2024-2025 222 Questions and Verified Correct Answers Guaranteed A+
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Texas Real Estate Champions BROKERAGE SAE - CH 1 Latest Update Questions and Verified Correct Answers Guaranteed A+
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Law of Contracts - Champions Test | Questions & Answers (Graded A+)
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Law of Contracts - Champions Test | Questions & Answers (Graded A+) 
Law of Contracts - Champions Test | Questions & Answers (Graded A+) 
 
Wrongful or criminal deception intended to result in financial or personal gain is called: - ANSWER - fraud 
 
The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - ANSWER - 90 days 
 
__________ extend above the surface without limitation. - ANSWER - air rights 
 
An example(s) of an appurtenance would be: - ...
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Real Estate U Texas Law of Agency(5)
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The acronym TRELA stands for which of the following...? 
Texas Real Estate License Association 
Texas Real Estate License Act 
Texas Real Estate Legal Act 
Texas Real Estate Legislation Act - Answer- Texas Real Estate License Act 
 
The rules and regulations regarding real estate licenses in Texas are described in which of the following...? 
Texas Real Estate License Act 
Texas Real Estate Law 
Texas Bureau of Real Estate 
Article 12-A of the State Real Estate Law - Answer- Texas Real Estate Lic...
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TREC Promulgated Contract Forms #351 Final Exam 2023
- Exam (elaborations) • 13 pages • 2023
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In the State of Texas who is allowed to use a customized real estate contract? 
The real estate brokerage company 
The salesperson 
The broker 
Lawyers licensed to practice in Texas - Answer- Lawyers licensed to practice in Texas 
 
Marcy is 17 and married. Her spouse is stationed in the Middle East. She purchased a home shortly before Stan, her husband returns to the United States. Select a problem that exists with this situation. 
Offer and acceptance issue 
Competency issue 
Consideration iss...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
- Exam (elaborations) • 25 pages • 2023
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023. 
 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
B 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilateral 
 
(...
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Colibri Real Estate (Real Estate Express) Final Exam Review(2023 updated)fully solved
- Exam (elaborations) • 27 pages • 2023
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Texas Sae Real Estate BrokerageExam With 100% Correct Answers2023 
 
Colibri Real Estate (Real Estate Express) Final Exam Review(2023 updated)fully solved 
Colibri Real Estate (Real Estate Express) Final Exam Review(2023 updated)fully solvedBroker Jane has been accused of a law violation regarding commissions. Which of the following might result in her being found guilty? A) Jane paid a commission to her licensed personal assistant. B) Jane paid a commission to the wife of one of her licensees w...
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