all texas Champions Real Estate Exam bundle with complete solution

Loan-to-Value Ratio (LTV) - CORRECT ANSWER The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package ...

Wrongful or criminal deception intended to result in financial or personal gain is called: - CORRECT ANSWERS fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - CORRECT ANSWERS 90 days __________ extend above the surface without limitation...

The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording - answer B;A(n) __________________ contract is defined as a contract that is binding on the ...

addenda - answer additions to a completed contract that specify supplementary information to the contract amendment - answer change or modification to an already agreed-upon contract bilateral contract - answer a contract wherein both parties are obligated to perform in an exchange of promises ...

complete study questions in concepts of the creation of agency relationships,Understanding the legal implications of misrepresentation and the responsibilities involved in agency relationships.100 % answered.

topics related to the laws and regulations governing real estate agents and their relationships with principals already covered 100% correct

Texas Promulgated Contracts are a set of standardized real estate contract forms developed and required by the state regulatory body, TREC, to govern real estate transactions in the state of Texas.

questions answered on licensed real estate agents, brokers, loan originators, home inspectors, or appraisers.