Bundled AYPO Real Estate Law of Agency Final Exam With Answers

If the base side of a triangular plot measures 45' and the height line measures 12', what is the area of the plot in square feet?([b x h] x ½ = A) - 270 square feet An applicant is allowed to use what electronic devices during the real estate exam? - Hand-held calculator Convert the followi...

*a ____ is a contractual agreement in which the buyer purchases property from a seller on an installment basis - land sale contract *a 72-hour clause is a specific kind of... - escape clause *a bilateral contract obligates _____ of the parties involved in a contract to carry out some kind of a...

What are the minimum services an agent must offer; - According TRELA subchapter 1101.557b states a broker representing a party or listing real estate for sale is the party's agent and 1. May not instruct another broker to directly or indirectly violate the sub chpt-1101.65b22, 2.Must inform the ...

Real estate agents are considered to have which kind relationship with clients? - A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? - Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of...

The Original Legislation: - The Real Estate Dealers Act of 1939 main piece of Texas law governing the licensing and behavior of real estate professionals in the state. - The Real Estate License Act (TRELA) Licensing Duties were added in: - 1955 Broker license was changed from 2 years in the...