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RealEstateU Texas Real Estate Principles Part 1 Final Exam Latest 2024 Actual Questions and Verified Answers (2024 / 2025) A+ Grade 100% Guarantee Verified by Experts$12.99
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RealEstateU Texas Real Estate Principles Part 1 Final Exam Latest 2024 Actual Questions and Verified Answers (2024 / 2025) A+ Grade 100% Guarantee Verified by Experts
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Course
Texas Real estate
Institution
Texas Real Estate
RealEstateU Texas Real Estate Principles Part 1 Final Exam Latest 2024 Actual Questions and Verified Answers (2024 / 2025) A+ Grade 100% Guarantee Verified by Experts
RealEstateU Texas Real Estate Principles Part 1 Final Exam.pdf file:///C:/Users/HP/Desktop/New%20folder/RealEstateU%20Texas%2
RealEstateU Texas Real Estate Principles Part 1
Final Exam Questions & Answers
1. The amount of goods offered for sale within a given market at a given priceduring a
given time period.
Answer supply
2. A property manager is an example of what type of agent?
Answer General Agent
3. A real estate agent is an example of what type of agent?
Answer Special Agent
4. The general uses of real property include the following
Answer Residential, Com-mercial, and Industrial
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5. A means of comparing similar type properties would have recently sold tothe subject
property is known as
Answer Market Comparison Approach
6. Mineral rights are typically considered dominant to which of the followingrights
Answer Surface Rights
7. Land and everything permanently attached to land is defined as
Answer real estate
8. All property that is not land and is not permanently attached to land isknown as
Answer Personal Property
9. The right of exclusion which allows a landowner to prevent others fromentering or
occupying their property is included in the
Answer Bundle of Rights
10. Which of the following is an example of a fixture
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Answer Kitchen cabinets
11. Which of the following is considered a legal test for determining if anitem is a
fixture or not
Answer Intentions of the party, adaption of the item, mold andpermanence of house item
was attached
12. This refers to the party the agent brings to the principal as seller or buyerof the
property.
Answer customer
13. An agent with full authority over one property of the principal is known asa
Answer General Agent
14. An agent with limited authority to act on behalf of the principal is referredto as a
Answer Special Agent
15. A seller's agent is entitled to a commission after
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