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Package deal for Aceable Agent: Real Estate Principles Questions with 100% Correct Answers | Verified | Updated

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Aceable Agent Principles 1 study notes for final exam Questions with Correct Answers

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Aceable Agent Principles 1 study notes for final exam Questions with Correct Answers approved forms - answerauthorized by TREC and CAN be used. Promulgated Forms - answerauthorized by TREC and MUST be used Cloud - answerEncumbrance on title to a property which affects transferability Immobility...

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Aceable Agent Principles of Real Estate 2 Exam Questions with Correct Answers

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Aceable Agent Principles of Real Estate 2 Exam Questions with Correct Answers Amortization - answerThe repayment of a loan principle over time Arrears - answerPayment for an item or service after it's received Down Payment - answerThe initial payment made when buying something on credit, a ___...

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Aceable Agent Principles of Real Estate 2 Key Terms Exam Questions with 100% Correct Answers

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Aceable Agent Principles of Real Estate 2 Key Terms Exam Questions with 100% Correct Answers Profit - answera financial gain or increase in value. Loss - answera financial loss or decrease in value. Interest - answermoney repaid regularly at a specified rate as compensation for money lent. Pr...

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Aceable Agent Principles of Real Estate 2 Practice Test Exam Questions with 100% Correct Answers

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Aceable Agent Principles of Real Estate 2 Practice Test Exam Questions with 100% Correct Answers What is investment gain? - answeran increase in property value due to active and purposeful developments or improvements Ben has recently purchased a policy for title insurance. Two weeks after maki...

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Aceable Agent Principles of Real Estate II Level 6 Real Estate Investments Summary Exam Questions with 100% Correct Answers

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Aceable Agent Principles of Real Estate II Level 6 Real Estate Investments Summary Exam Questions with 100% Correct Answers Appreciation - answerThe increase in the value of a property is called _______. Operating Statement - answerAn _______ is used to determine the cash flow potential of a pr...

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Aceable Agent: Real Estate Principles: Review Questions and Answers 100% Verified

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Aceable Agent: Real Estate Principles: Review Questions and Answers 100% Verified The Real Estate Law is found in A. The Licensing Code B. The Business and Professions Code C. The Health and Safety Code D. The Corporations Code - answerB. Business and Professions Code The Real Estate Commiss...

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Aceable Agent Texas Real Estate Principles I Exam Questions and Answers 100% Verified

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Aceable Agent Texas Real Estate Principles I Exam Questions and Answers 100% Verified Broker's Price Opinion (BPO) - answerA broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property Closing - answerT...

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Aceable Exam 1 Questions and Answers 100% Verified

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Aceable Exam 1 Questions and Answers 100% Verified For a listing agreement to be enforceable in court, it MUST be: - answerin writing Michael is a listing agent in an agency agreement where the seller has agreed to give him any money he receives in the sale of the house that is over $200,000. Wh...

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Aceable Exam 1 Practice Questions with 100% Correct Answers

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Aceable Exam 1 Practice Questions with 100% Correct Answers Which of these illustrates a person exercising their surface rights? a. Lena builds a yoga shed in her backyard b. Laurence sells the right to extract gas from underneath his property to the energy company c. Leticia drills a well to a...

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ACEABLE FINAL EXAM STUDY TERMS (GA EXAM QUESTIONS WITH VERIFIED ANSWERS

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ACEABLE FINAL EXAM STUDY TERMS (GA EXAM QUESTIONS WITH VERIFIED ANSWERS what is one way a co-op sales contract differs from the sales contract for a single-family home? - answerthe co-op sales contract includes a section detailing what the buyer must do it they hope to gains the corporations bo...

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Aceable Law of Agency Review Exam Questions with 100% Correct Answers

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Aceable Law of Agency Review Exam Questions with 100% Correct Answers Here are the four major types of agency acts: - answerListing Buying Leasing Property Management TREC's purpose is to - answerregulate educational and licensing programs that maintain standards AND interpret legislation th...

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Aceable Practice Test Exam Questions with 100% Correct Answers

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Aceable Practice Test Exam Questions with 100% Correct Answers This signs means : "DIP" - answerSlow down for a dip in the road What is the purpose of an exhaust emission system? - answerTo reduce air pollution Riley needs to park on the paved highway at night. What is one thing he should do? ...

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Principles 1 Aceable Practice Tests Exam Questions with 100% Correct Answers

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Principles 1 Aceable Practice Tests Exam Questions with 100% Correct Answers 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 wrongful...

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Aceable Principles 1 combined Exam Questios with 100% Correct Answers

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Aceable Principles 1 combined Exam Questios with 100% Correct Answers BPO - answerbroker's price opinion. process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property. Reasons for a BPO. 1. The people in the home have asked to refin...

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Aceable Principles of Real Estate 2 Review Exam Questios with 100% Correct Answers

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Aceable Principles of Real Estate 2 Review Exam Questios with 100% Correct Answers Real Estate Settlement Procedures Act (RESPA) - answerto protect consumers from abusive lending practices. General data - answeris information about a property's location. This could include the city, region, an...

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ACEABLE REAL ESTATE PRINCIPALS 1 EXAM PRACTICE TEST WITH COMPLETE SOLUTIONS

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ACEABLE REAL ESTATE PRINCIPALS 1 EXAM PRACTICE TEST WITH COMPLETE SOLUTIONS 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? -answer0 What i...

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AceableAgent Real Estate Principals 2 Exam Questios with 100% Correct Answers

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AceableAgent Real Estate Principals 2 Exam Questios with 100% Correct Answers General Data - answerIs information about a property's location. This could include the city, region, and neighborhood in which the poperty uis situated. Specific Data - answerIs information regarding the property its...

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CA Real Estate Principles Test Aceable Agent Exam Questios with 100% Correct Answers

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CA Real Estate Principles Test Aceable Agent Exam Questios with 100% Correct Answers In what code is the Real Estate Law found? - answerBusiness and Professions Code Who does the Real Estate Commissioner Report to? - answerThe governor A salesperson owns 25% of the outstanding shares of Rollo R...

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Principles 1 Aceable Practice Tests Exam Questios with 100% Correct Answers

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Principles 1 Aceable Practice Tests Exam Questios with 100% Correct Answers 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 wrongful...

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Principles of Real Estate 2 Practice Test Aceable Exam Questios with 100% Correct Answers

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Principles of Real Estate 2 Practice Test Aceable Exam Questios with 100% Correct Answers REO - answerWhat term describes a property that is owned by a lender because a third- party buyer couldn't be found at a foreclosure auction? Real Estate Mortgage Investment Conduit (REMIC) - answerA type...

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Real Estate Practice Exam 2 AceableAgent Questios with 100% Correct Answers

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Real Estate Practice Exam 2 AceableAgent Questios with 100% Correct Answers Which of these is a red flag for predatory lending? - answerThere are unexpected, undisclosed lender fees that appear at closing. Percy is a broker who oversees three agents. If one of the agents violates the law, which ...

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Texas Real Estate Principles 1 (Practice Exam) Questios with 100% Correct Answers

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Texas Real Estate Principles 1 (Practice Exam) Questios with 100% Correct Answers Courses for the renewal of an active real estate broker or sales agent license are called - answercontinuing education (CE) What is the maximum amount that the Commission will pay from the real estate recovery trus...

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Aceable Agent - Texas Real Estate 1 Practice Test Exam Questions with 100% Correct Answers

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Aceable Agent - Texas Real Estate 1 Practice Test Exam Questions with 100% Correct Answers Severance - answerturn real property into personal property Voidable - answercan be terminated or rescinded by either party Real property refers to the land and improvements on it plus the set of rights a...

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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 ...

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Aceable Agent Exam Questions with 100% Correct Answers

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Aceable Agent Exam Questions with 100% Correct Answers C. client - answerA real estate agent works exclusively with buyers. They have chosen a specialization that focuses on the: A. geographical area B. commission split C. client D. property type C. sales prices are more negotiable for buyer...

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Aceable Agent: Level 1 Exam Questions with Correct Answers

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Aceable Agent: Level 1 Exam Questions with Correct Answers Deed - answerA document that transfers ownership of property from one party to another. Legal Title - answerFull legal ownership of property and the bundle of rights as they apply to it. Federal Government - answerRegulates broad issues...

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Aceable Agent: Level 1 Exam Questions with Correct Answers

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Aceable Agent: Level 1 Exam Questions with Correct Answers Five Catagories of Real Estate Properties - answer(1) Residential, (2) Commercial, (3) Industrial, (4) Farm & Land/ Agriculture (5) Special Purpose Apartment Locator - answerA real estate license holder who locates dwelling units for pr...

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