AYPO REAL ESTATE PRINCIPLES 1 WITH 100% SURE
ANSWERS
The Texas Real Estate Commission consists Six members who have been engaged in the brokerage business as licensed brokers
of members appointed by the governor as their major occupation for five years proceeding appointment; and three
with the advice and consent of the: Senate. members who represent the public
What is their composition?
- None of these answers are correct
- Six members who have been engaged in
the brokerage business as licensed brokers
as their major occupation for five years
proceeding appointment; and six members
who represent the public
- three members who have been engaged
in the brokerage business as licensed
brokers as their major occupation for five
years proceeding appointment; and six
members who represent the public
-Six members who have been engaged in
the brokerage business as licensed brokers
as their major occupation for five years
proceeding appointment; and three
members who represent the public
The term "False, Misleading or Deceptive - All of these
acts or practices" Includes, but is not
limited to which of the following acts?
- Disparaging the goods
- All of these
-Passing off goods and services as those of
another
-Using deceptive representations or
designations of geographic origin in
connection with goods or services
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, The executive director shall give notice of -All of these
the commissions order to the party under
investigation. The notice must do which of
the following?
- State the amount of any penalty imposed
-All of these
-Inform the person of the rights to judicial
review
-Include the findings of fact and
conclusions of law, separated stated
Public beach policy for the state of Texas The public shall have free and unrestricted right of ingress and egress to and for the
Includes state owned beaches bordering the Seward shore of the gulf of Mexico
Emblements Harvestable plants, tress, and cultivated vegetation
An aggrieved party may bring a private Within two year of the stated discriminatory action and can even be filed if an
enforcement action in a state or federal administratice proceeding through TWCCRD is in process
court under which of these circumstances?
Largest and most complete bundle of Fee Simple Absolute
rights of ownership is which of these?
Prior to introduction of the condominium Land
concept, property ownership had been
limited to ownership of which of the
following?
Risk mitigation
What are the components of the NFIP Risk identification
Subsidization
General rule of caputure applies to: Game animals, ground water, and oil
Limited service broker For a flat fee, posts on MLS but does not represent the seller in any other capacity.
Per 1101.2051(b) information or material The respondent of the complaint
prepared or copiled by the commission in
connection with complaint, investigation or
audit may be disclosed with:
Texas courts, define "Unconsiionable" as The act of taking advantage of another who is less sophisticated and less informed
which of the following
Common elements of a condominium: Stairways, roofs and the lands
Difference between C and S corps. Class C Corps do not have to pass through taxation
An estimate of the amount of money that Liquidation Value
could be gained if the property was quickly
sold in low demand market is:
- Less ambiguity can lead to easier enforcement
Advantages of written contracts -Written contracts can precisely state warranty terms
-Written contracts provide a much higher level of certainty
This amendment guarantees that a citizen 5th Amendment
will not be deprived of property without
due process of law
A testamentary trust is created through A will
what?
2/5
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