Texas Real Estate Principles Part 1 Final Exam With 100% Correct And Verified Answers
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Course
Texas Real Estate Principles
Institution
Texas Real Estate Principles
Texas Real Estate Principles Part 1 Final Exam With 100% Correct And Verified Answers
supply - Correct Answer-The amount of goods offered for sale within a given market at a given price during a given time period.
General Agent - Correct Answer-A property manager is an example of what type of a...
Texas Real Estate Principles Part 1 Final
Exam With 100% Correct And Verified
Answers
supply - Correct Answer-The amount of goods
offered for sale within a given market at a given
price during a given time period.
General Agent - Correct Answer-A property
manager is an example of what type of agent?
Special Agent - Correct Answer-A real estate agent
is an example of what type of agent?
Residential, Commercial, and Industrial - Correct
Answer-The general uses of real property include
the following:
Market Comparison Approach - Correct Answer-A
means of comparing similar type properties would
have recently sold to the subject property is known
as:
Surface Rights - Correct Answer-Mineral rights are
typically considered dominant to which of the
following rights
real estate - Correct Answer-Land and everything
permanently attached to land is defined as
Personal Property - Correct Answer-All property
that is not land and is not permanently attached to
land is known as
, Bundle of Rights - Correct Answer-The right of
exclusion which allows a landowner to prevent
others from entering or occupying their property is
included in the
Kitchen cabinets - Correct Answer-Which of the
following is an example of a fixture
Intentions of the party, adaption of the item, mold
and permanence of house item was attached -
Correct Answer-Which of the following is
considered a legal test for determining if an item is
a fixture or not
customer - Correct Answer-This refers to the party
the agent brings to the principal as seller or buyer
of the property.
General Agent - Correct Answer-An agent with full
authority over one property of the principal is
known as a
Special Agent - Correct Answer-An agent with
limited authority to act on behalf of the principal is
referred to as a
The agent finds a buyer who is ready, willing, and
able to purchase the property. - Correct Answer-A
seller's agent is entitled to a commission after
customer - Correct Answer-A broker will work for a
client and with a
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