Champion real estate prep - Study guides, Class notes & Summaries

Texas Real Estate Exam Prep Class - Champion Chap.1 Latest 2024 /128 Verified Questions with Complete Solutions Rated (A+) Quiz :Real Property - √Answer :land, improvements attached to the land, benefits, rights, and ownership interest that go with the land.

Texas Real Estate Exam Prep Class - Champion Chap.1 Latest 2024 /128 Verified Questions with Complete Solutions Rated (A+) Quiz :Real Property - √Answer :land, improvements attached to the land, benefits, rights, and ownership interest that go with the land.

Champion Real Estate Exam Prep - Chapter 3 2023/2024 questions and answers

Champion Real Estate - Exam Prep (Q&A)

Texas Real Estate Exam Prep Class - Champion Chap.1 Questions and Answers Real Property - Answer️️ -land, improvements attached to the land, benefits, rights, and ownership interest that go with the land. appurtenance - Answer️️ -A right, privilege, or improvement belonging to and pass with the land. The landowner owns it. improvements - Answer️️ -man's addition to the land such as buildings and landscaping Subsurface, surface ad air rights - Answer️️ -mineral, air and w...

National Real Estate Exam Prep Chapter 7 (Champions School of Real estate) Rated A+ Conventional loan a loan that is neither federally insured nor guaranteed Non-conventional loan mortgage loans through three agencies: The federal housing Admin. The US dept of Veteran Affairs US Dep. of Agriculture contract for deed (installment contract) seller financing and buyer does not get deed until the property has been paid for in full Mortgage Pledge of real property as a security fo...

Chapter 4 National Real Estate Exam Prep (Champions School of Real estate)Latest Update Graded A+ Express contract Contract that is written or stated Implied contract Contract by actions or evidence Unilateral Contract binds only one party. Example an option Option contract The right to purchase property within a definite time at a specified price Bilateral contract Exchange of promises, binds both parties. Required elements of a contract 1. Competent parties 2. ...

Chapter 4 National Real Estate Exam Prep (Champions School of Real estate)Latest Update Graded A+ Express contract Contract that is written or stated Implied contract Contract by actions or evidence Unilateral Contract binds only one party. Example an option Option contract The right to purchase property within a definite time at a specified price Bilateral contract Exchange of promises, binds both parties. Required elements of a contract 1. Competent parties 2. ...

The most significant type of value for real estate licensees is ____________ value. correct answer: market ________________ is defined as the price a willing seller will sell for, and the price a willing buyer will pay, when neither is acting under exceptional pressure. correct answer: Market value _______ is also defined as the most probable price. It is most commonly associated with the price a party pays for a property. correct answer: Market value There are four basic characteri...