Apartment locators Study guides, Class notes & Summaries
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Aceable Agent Exam 2024 Questions & Answers 100% Corrrect!
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Apartment Locators - ANSWERSa real estate license holder who locates dwelling units for prospective tenants 
 
Tenant - ANSWERSone who possesses a property under a lease without ownership 
 
Broker - ANSWERSsomeone who assists in buying and selling to receive a commission 
 
Client - ANSWERSa person or company that buys or leases any product or service 
 
Land - ANSWERSthe surface of the earth, extending down to the center of the earth and up into space 
 
Real Estate - ANSWERSincludes the land ...
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Aceable Agent Exam Questions with 100% Correct Answers
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Aceable Agent Exam Questions with 100% 
Correct Answers 
Apartment Locators - answera real estate license holder who locates dwelling units for 
prospective tenants 
Tenant - answerone who possesses a property under a lease without ownership 
Broker - answersomeone who assists in buying and selling to receive a commission 
Client - answera person or company that buys or leases any product or service 
Land - answerthe surface of the earth, extending down to the center of the earth and up 
into sp...
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Principles of Real Estate Questions With Correct Answers.
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Principles of Real Estate Questions With Correct Answers. 
Texas Real Estate Agent 
A 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? 
No. 
 
 
There are two types of licenses: 
broker's and salesperson's license 
 
 
What is the most popular division of the real estate market? 
Residential real estate because there are more transactions in residential in other...
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TEXAS REAL ESTATE PREP EXAM AND ANSWERS GRADED A+ 2024.
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List the 15 classifications/persons that are EXEMPT from Real Estate Licensing. - Answer Texas Licensed Attorneys; Court Appointed Receivers, Trustees, Guardians and Sheriffs; Administrators & Executors of a will; On-site-Apartment Managers; New Home Sales Persons working for ONE builder or owner; Cemetery Lot Salesperson; FSBO; An Employee leasing or renting property for the owner; Hotel/Motel Personnel; An Attorney-In-Fact; An Auctioneer CALLING in a Real Estate Auction; Anyone selling a Mo...
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Champions School Ch. 1 - Intro to Real Estate With Complete Solutions | 100% Pass
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the aspect of the real estate business that pertains to overseeing the needs of the parties and 
completing a transaction. - brokerage 
Are also know as mortgage brokers - RMLOs 
The largest trade organization representing real estate professionals - NAR 
A fair return or equivalent in goods, services, or money for something exchanged - Value 
the business of providing a professional opinion of the value of real property - appraisal 
business of providing money to individuals or corporations for...
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Texas Real Estate State Exam Correct 100%
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TRELA - ANSWER 1939 
Texas Real Estate License Act 
9 commission member. 3 General Public & 6 Real Estate Brokers 
serves 6 terms 
 
TREC - ANSWER 1949 
Texas Real Estate Commission 
To protect the public 
 
Broker Lawyer Committee - ANSWER writes promulgated contracts 13 members 6 are brokers 6 lawyers and 1 public member 
 
How long does someone have to file a complaint against you with TREC? - ANSWER 4 years. 
 
Only ______ has the power to issue or revoke Real Estate Licenses - ANSWER TREC 
...
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Texas Pre-License - Principals of Real Estate I (Aceable) exam 2023 with correct answers
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commercial property correct answersA real estate specialty. Commercial property includes: Office buildings, Retail Stores, gas stations 
 
Industrial property correct answersIncludes commercial property used for: manufacturing, storage, distribution centers, research, warehousing 
 
Home inspector correct 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. 
 
Indestructi...
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Aceable Agent Exam Questions with 100% Correct Answers
- Exam (elaborations) • 6 pages • 2024
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Aceable Agent Exam Questions with 100% 
Correct Answers 
Apartment Locators - answera real estate license holder who locates dwelling units for 
prospective tenants 
Tenant - answerone who possesses a property under a lease without ownership 
Broker - answersomeone who assists in buying and selling to receive a commission 
Client - answera person or company that buys or leases any product or service 
Land - answerthe surface of the earth, extending down to the center of the earth and up 
into sp...
-
Texas Pre-License - Principals of Real Estate I (Aceable Questions & Answers 100% Correct!
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
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- $12.49
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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(P...
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Texas Real Estate Exam Practice Test 2 (Latest 2023 - 2024) New Full Exam Questions and Answers Included
- Exam (elaborations) • 13 pages • 2023
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Texas Real Estate Exam Practice Test 2 (Latest 2023 - 2024) New Full Exam Questions and Answers Included 
 
1. TREC member structure 
Answer: 9 committee members - 3 from the public, 6 brokers,all 
appointed by governor and approved by the senate, 6 year terms 
2. broker lawyer committee 
Answer: 13 members (6 brokers from TREC, 6 law Years fromstate 
bar association, 1 public member from governor) 
3. alternative dispute resolution course length (required to become 
a TRECmediator) 
Answer: 40 ...
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