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PRINCIPLES OF REAL ESTATE IN TX I EXAM (ACTUAL EXAM) WITH 180+ QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+ $14.09   Add to cart

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PRINCIPLES OF REAL ESTATE IN TX I EXAM (ACTUAL EXAM) WITH 180+ QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+

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PRINCIPLES OF REAL ESTATE IN TX I EXAM (ACTUAL EXAM) WITH 180+ QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+

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  • September 9, 2024
  • 63
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • principles of real estate
  • PRINCIPLES OF REAL ESTATE IN TX I
  • PRINCIPLES OF REAL ESTATE IN TX I
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NurseLNJ
PRINCIPLES OF REAL ESTATE IN TX I EXAM
(ACTUAL EXAM) WITH 180+ QUESTIONS
WITH VERY ELABORATED ANSWERS
CORRECTRY WELL ORGANIZED LATEST
2024 – 2025 ALREADY GRADED A+




Ownership of a condominium, which shares party walls with other units, involves
which kind of ownership of commons facilities such was halls, elevators, and
surrounding grounds, as undivided interests?

a. shared

b. individual

c. cooperative

d. none of the above

a. shared



An owner of which kind of property does not own the unit itself but owns shares
of stock in the corporation that holds title to the building?

a. cooperative

,b. town house

c. condominium

d. planned unit development (PUD)

a. cooperative



Which type of housing is constructed on lots owned by individual homeowners
and may either be connected by a common all or be freestanding homes
separated by airspace and attached to each other by exterior shingles and brick or
siding?

a. cooperatives

b. condos

c. town houses

d. PUDs

c. town houses



Which type of housing is existing structures have have been altered to become
appropriate for residential use was either rental or condo units?

a. mixed use developments

b. PUDs

c. converted use properties

d. retirement communities

c. converted use properties

,Which of the following is true of the NAR?

A. It is the largest trade association in the real estate industry

B. Membership is mandatory once licensed by the state

C. Membership is included in a license holder's benefits once licensed by the state

D. It is funded by state licensing fees

A. It is the largest trade association in the real estate industry



Members of the national association of real estate brokers are called

A. REALTORS

B. Practitioners

C. Realtists

D. Associations

C. Realtists



What real estate discipline is represented by BOMA?

A.BOMA represents real estate brokers in Beaumont TX

B. BOMA represents brokerage managers only (excluding brokers who also sell)

C. BOMA represents building owners and managers

D. BOMA represents masters-level accountants who specialize in real estate
transactions

C. BOMA represents building owners and managers

, The purpose of the National Association of REALTORS is to

A. Stop foreign nationals from buying property in the US

B. keep members up to date on current housing trends, legal issues, and
brokerage business practices

C. Make sure local zoning boards set occupancy standards for rental dwellings

D. Bolster and enforce the Consumer Products Safety Commission concerning
banned furniture, carpeting, and appliances

B. Keep members up to date on current housing trends, legal issues, and
brokerage business practices



Upon receiving a real estate license in TX, which organization(s) are license
holders required to join?

A. The national association of REALTORS

B. the TX association of REALTORS

C. the national association of home builders and national association of real
estate appraisers

D. None of these

D. None of these




The initials NAR stand for:

a. National Rifle Association

b. National American Real Estate Owners

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