Champions law - Study guides, Class notes & Summaries
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Champions School Of Real Estate Finance 2024 Tested And Verified
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Champions School Of Real Estate 
Finance 2024 Tested And Verified 
Seller's market - CORRECT ANSWER-When supply is low and demand is high 
Buyer's market - CORRECT ANSWER-When supply is high and demand is low 
The process of creating a new mortgage loan - CORRECT ANSWER-Origination 
The detailed process of evaluating a borrower's loan application to determine the risk 
involved for the lender - CORRECT ANSWER-Underwriting 
When there is an excess of money supply in the market - CORRECT ANSWER...
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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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LAW OF CONTRACTS CHAMPIONS PRACTICE AND STUDY GUIDE EXAMS LATEST 2024 ACTUAL EXAMS WITH CORRECT QUESTIONS AND VERIFIED ANSWERS ALREADY GRADED A+ 100% GUARANTEED PASS!!!
- Exam (elaborations) • 42 pages • 2024
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LAW OF CONTRACTS CHAMPIONS PRACTICE 
AND STUDY GUIDE EXAMS LATEST 2024 ACTUAL 
EXAMS WITH CORRECT QUESTIONS AND 
VERIFIED ANSWERS ALREADY GRADED A+ 100% 
GUARANTEED PASS!!!
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LAW OF AGENCY CHAMPIONS TEXAS REAL ESTATE EXAM LATEST 2024 QUESTIONS AND CORRECT VERIFIED ANSWERS GRADED A+
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LAW OF AGENCY CHAMPIONS TEXAS REAL ESTATE EXAM LATEST 2024 QUESTIONS AND CORRECT VERIFIED ANSWERS GRADED A+
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Champions Law of Agency – exam 2024 with 100% correct answers
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Which of the following has the authority to suspend or revoke a Texas real estate license? - correct answer TREC 
 
Which of the following is an element of a listing agreement? - correct answer the agreement to pay a stated commission, usually a percentage of the sales price 
 
the IRS considers which of the following a violation of independent contractor status? - correct answer salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the br...
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LAW OF CONTRACTS CHAMPIONS EXAM, PRACTICE EXAM AND STUDY GUIDE LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+
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LAW OF CONTRACTS CHAMPIONS EXAM, PRACTICE EXAM AND STUDY GUIDE LATEST 2024 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ 
Buyers' and sellers' marital status is not required in the contract. - 
ANSWER--true
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Champions Law of Contracts September 2023 Test Review Actual Questions and Answers 100% correct
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Champions Law of Contracts September 2023 Test Review Actual Questions and Answers 100% correct
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Champions Law of Agency Exam (60 Questions) With Complete Solution A Grade
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Champions Law of Agency Exam (60 Questions) With Complete Solution A Grade
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LAW OF CONTRACTS CHAMPIONS EXAM 2024 QUESTIONS AND ANSWERS GOOD SCORE IS GUARANTEED GRADE A+
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LAW OF CONTRACTS CHAMPIONS EXAM 
2024 QUESTIONS AND ANSWERS GOOD 
SCORE IS GUARANTEED GRADE A+
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Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+
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Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+ 
The TREC residential contract forms are: 
Drafted by the Broker Lawyer Committee 
 
 
Wrongful or criminal deception intended to result in financial or personal gain is called: 
fraud 
 
 
Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. 
goods 
 
 
If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: 
Enter into a Seller's Temporary Residenti...
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Champions Real Estate Exam: Law of Agency UPDATED Exam Questions and CORRECT Answers
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Champions Real Estate Exam: Law of 
Agency UPDATED Exam Questions and 
CORRECT Answers 
This person hires an agent - Correct Answer- The Principal 
The agent works on behalf of this person - Correct Answer- the client (principal) 
This type of agency allows for the greatest range of authority - Correct Answer- Universal 
This is provided to the agent when there is written documentation that the agency relationship 
exists. - Correct Answer- Express authority
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