The CE Shop: 30-HR. TX PRINCIPLES OF REAL ESTATE II nQuestions With Correct Answers Rated A+
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CE Shop
The CE Shop: 30-HR. TX PRINCIPLES OF REAL ESTATE II nQuestions With Correct Answers Rated A+
What happens when an appraisal comes back lower than the asking price? - correct answer...1. They can acknowledge a fail
2. The buyer can increase the down payment
3. The seller can lower the asking pr...
The CE Shop: 30-HR. TX PRINCIPLES
OF REAL ESTATE II nQuestions With
Correct Answers Rated A+
What happens when an appraisal comes back lower than the asking price? - correct
answer...✔✔1. They can acknowledge a fail
2. The buyer can increase the down payment
3. The seller can lower the asking price
4. They can compromise
Real Estate Broker - correct answer...✔✔A person licensed as a broker who performs
brokerage activities and collects compensation
Real Estate Sales Agent - correct answer...✔✔A person who performs real estate
activities while associated with a licensed real estate broker
Licensee - correct answer...✔✔A person holding a valid license
Appraiser - correct answer...✔✔A person holding certification to estimate the value of
real property according to standardized principles of valuation
Home Inspector - correct answer...✔✔A person who is affiliated with a national
nonprofit trade association, has passed the appropriate exam, and evaluates properties
for their condition
Lender - correct answer...✔✔A person who arranges financing for the buyer of real
property
Developer - correct answer...✔✔A person who constructs improvements on raw land
Subdivider - correct answer...✔✔A person who splits a single property into smaller
parcels in preparation for development
Real Estate Investor - correct answer...✔✔A person who puts money or property into a
real estate project for profit
Real Estate Attorney - correct answer...✔✔A person who holds a law degree and
specializes in real estate; may legally broker deals
Real Estate Counselor - correct answer...✔✔A person who provides services to help
determine viability of a real estate asset or project
AGRADESOLUTIONS
, The Leisure Category - correct answer...✔✔Hotels/motels
Golf courses
Resorts
Sporting arenas
Movie theaters
Restaurants
The Industrial Category - correct answer...✔✔Heavy manufacturing
Light manufacturing
Warehouse & distribution
The Healthcare Category - correct answer...✔✔Hospitals
Urgent care centers
Doctor's offices
The Specialty Category - correct answer...✔✔Mixed-Use
Combined retail/residential
Planned Unit
High-density, zoning mix
Transit-Oriented
Near transportation hub
Private Land Controls - correct answer...✔✔Easements, Liens, and Deed Restrictions
Residential Zone - correct answer...✔✔single-family or multi-family including a duplex
or a high rise apartment
Accessory Apartment/Accessory Use - correct answer...✔✔An additional property
subordinate to the main use of the property such as an equipment shed or mother-in-
law suite
Home Occupation - correct answer...✔✔A residential zone where the residents of the
dwelling conduct business out of their home.
AGRADESOLUTIONS
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