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BUNDLE OF Texas Real Estate ExamS with Questions and Correct Answers Verified Solutions
BUNDLE OF Texas Real Estate ExamS with Questions and Correct Answers Verified Solutions
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Texas Real Estate Test |Questions and 100% Correct Answers
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Tenant Improvement Allowance - Answer Agreement from the landlord to compensate the tenant for all of a portion of the funds required to construct the commercial space Abandonment - Answer Release and responsibility and/ or ownership Assignment - Answer Giving responsibility and/ or ownership to ...
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Add to cartTenant Improvement Allowance - Answer Agreement from the landlord to compensate the tenant for all of a portion of the funds required to construct the commercial space Abandonment - Answer Release and responsibility and/ or ownership Assignment - Answer Giving responsibility and/ or ownership to ...
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Texas Real Estate Exam Prep Questions and 100% Correct Answers
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Fixture - Answer Personal property that has been installed or attached to become real property Annexation - Answer The process of attaching personal property so that it becomes real property thus creating a fixture Severance - Answer Real property becomes personal property when it is "severed"...
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Add to cartFixture - Answer Personal property that has been installed or attached to become real property Annexation - Answer The process of attaching personal property so that it becomes real property thus creating a fixture Severance - Answer Real property becomes personal property when it is "severed"...
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Texas Real Estate Test |Questions and 100% Correct Answers
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In 1939, the first regulation for real estate was passed, called - Answer Texas Real Estate Dealers Act The act was renamed The Real Estate License Act in 1955 The purpose of the US Constitution and the individual state constitutions is - Answer to establish the rights of the citizens of the Uni...
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Add to cartIn 1939, the first regulation for real estate was passed, called - Answer Texas Real Estate Dealers Act The act was renamed The Real Estate License Act in 1955 The purpose of the US Constitution and the individual state constitutions is - Answer to establish the rights of the citizens of the Uni...
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Texas Real Estate Prep Questions and 100% Correct Answers
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Unilateral Contract - Answer A one-sided agreement. Only one party makes a promise. The second party does not have to act, but if they do, the first party must keep the promise. Paragraph 23 is a unilateral contract within the bilateral contract. Bilateral Contract - Answer Both parties to the co...
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Add to cartUnilateral Contract - Answer A one-sided agreement. Only one party makes a promise. The second party does not have to act, but if they do, the first party must keep the promise. Paragraph 23 is a unilateral contract within the bilateral contract. Bilateral Contract - Answer Both parties to the co...
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Texas Real Estate Exam Questions and 100% Correct Answers
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Which of the following acts is illegal under Federal Fair Housing law? - Answer Advertising property for sale only to members of a specific national origin A loan that provides for increases and decreases in the interest rate during its term is known as a(n): - Answer adjustable-rate mortgage Th...
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Add to cartWhich of the following acts is illegal under Federal Fair Housing law? - Answer Advertising property for sale only to members of a specific national origin A loan that provides for increases and decreases in the interest rate during its term is known as a(n): - Answer adjustable-rate mortgage Th...
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Texas Real Estate Study Questions and 100% Correct Answers
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1. A broker may do which of the following for an individual without actually representing the individual? A. Obtain financing B. Assist in locating a property C. Prepare a contract or lease D. All of the above - Answer Answer: D. A broker may obtain financing, assist in locating a property, an...
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Add to cart1. A broker may do which of the following for an individual without actually representing the individual? A. Obtain financing B. Assist in locating a property C. Prepare a contract or lease D. All of the above - Answer Answer: D. A broker may obtain financing, assist in locating a property, an...
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Texas Real Estate |Questions and 100% Correct Answers
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TREC has only two promulgated lease forms - Answer 1. Buyer's Temporary Residential Lease - for use when the buyer occupies the property for no more than 90 days prior to closing. 2. Seller's Temporary Residential Lease - for use when the seller occupies the property for no more than 90 days a...
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Add to cartTREC has only two promulgated lease forms - Answer 1. Buyer's Temporary Residential Lease - for use when the buyer occupies the property for no more than 90 days prior to closing. 2. Seller's Temporary Residential Lease - for use when the seller occupies the property for no more than 90 days a...
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Texas Real Estate Exam |Questions and 100% Correct Answers
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Who is responsible to the TREC, the public, and the clients for the acts of a salesperson? - Answer Salesperson's sponsoring broker Combining a principal's fund with the licensees's personal fund is? - Answer Commingling When must an existing agency relationship be disclosed to another party ...
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Add to cartWho is responsible to the TREC, the public, and the clients for the acts of a salesperson? - Answer Salesperson's sponsoring broker Combining a principal's fund with the licensees's personal fund is? - Answer Commingling When must an existing agency relationship be disclosed to another party ...
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Texas Real Estate Study Questions and 100% Correct Answers
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A 1031 exchange is: a. A tax-deferred exchange b. A duty-free exchange c. A tax-reduced exchange d. A tax-free exchange - Answer A tax-deferred exchange
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Add to cartA 1031 exchange is: a. A tax-deferred exchange b. A duty-free exchange c. A tax-reduced exchange d. A tax-free exchange - Answer A tax-deferred exchange
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