Principles of Real Estate 1- Champions School of Real Estate
Principles of Real Estate 1- Champions School of Real Estate D.) Modification - ANSWER a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) scarcity B.) Fixity C.) Situs D.) Modification D.) All of these - ANSWER The supply of Real Estate is affected by A.) Land cost B.) Building codes C.) Government regulations D.) All of these B.) Personal Preference - ANSWER The least important factor affecting demand for real estate is: A.) Population Growth B.) Personal Preference C.) Availability of Credit D.) Transportation Systems C.) Common Law - ANSWER A lawsuit was tried on a real estate matter. The judge ruled in the case, citing the decision of a judge in a similar case that was tried ten years ago. The judges decision in the case was most likely based upon: A.) Statutory Law B.) Civil Law C.) Common Law D.) Local ordinance A.) Statutory Law - ANSWER A license holder was tried in a state district court on a complaint arising from a real estate transaction. The court ruled that, among other transgressions, the defendant had violated the Texas Real Estate License Act. This decision of the judge was based upon: A.) Statutory law B.) Civil Law C.) Common Law D.) Local Ordinance C.) Texas Department of Savings and Mortgage Lending - ANSWER RMLOs in Texas are licensed through: A.) Texas Real Estate Commission B.) National Mortgage Bankers Association C.) Texas Department of Savings and Mortgage Lending D.) Texas savings and loan board
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- Principals of real estate 1
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- Principals of real estate 1
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- July 19, 2023
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real estate
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principles of real estate 1
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champions school of real estate
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