Aceable practice test - Study guides, Class notes & Summaries

ACEABLE REAL ESTATE PRINCIPALS 1 EXAM PRACTICE TEST

ACEABLE REAL ESTATE PRINCIPALS 1 EXAM PRACTICE TEST 2024/ACTUAL EXAM QUESTIONS WITH CORRECT DETAILED AND VERIFIED ANSWERS/LATEST UPDATE /ALREADY GRADED A+ What is a REALTOR®? - CORRECT ANS:->>>- a member of the National Association of Realtors®. Which of the following is NOT a category of the NAR® Code of Ethics? - CORRECT ANS:->>>- Duties to lenders Select the statement that describes why trade fixtures are considered personal property.- CORRECT ANS:->>>- ...

What is the money in the Recovery Trust Account used for? A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction B) To pay commission that agents were wrongfully deprived of C) For taxes for the state of Texas D) For TREC to recover the funds to keep their computer systems up to date - A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction Wesley just bought a house with...

What is the money in the Recovery Trust Account used for? A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction B) To pay commission that agents were wrongfully deprived of C) For taxes for the state of Texas D) For TREC to recover the funds to keep their computer systems up to date - A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction Wesley just bought a house with...

Principles 1 Aceable Practice Tests

Principles 1 Aceable Practice Tests – Q’s And A’s

TEXAS LAW OF AGENCY ACEABLE PRACTICE TESTS

Aceable Agent - Texas Real Estate 1 Practice Test Exam (2024 / 2025) Actual Questions with Verified Answers, 100% Guarantee Pass

A married couple purchased a primary residence for $600,000 in 2015. They lived there for seven years. In 2022, they sold the property for $1,000,000. How much profit will they owe capital gains tax on? - 0 What is a REALTOR®? - a member of the National Association of Realtors®. Which of the following is NOT a category of the NAR® Code of Ethics? - Duties to lenders Select the statement that describes why trade fixtures are considered personal property. - Trade fixtures are items tha...

What is the money in the Recovery Trust Account used for? A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction B) To pay commission that agents were wrongfully deprived of C) For taxes for the state of Texas D) For TREC to recover the funds to keep their computer systems up to date - correct answer -A) To pay an aggrieved party who has won a judgment against a licensee for damages from a real estate transaction Wesley just bou...