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Texas Principles of Real Estate Bundled Exams with complete solution | everything you need
Texas Principles of Real Estate Bundled Exams with complete solution | everything you need
[Show more]Texas Principles of Real Estate Bundled Exams with complete solution | everything you need
[Show more]brokerage - The business of bringing buyers and sellers together and assisting in negotiations for the 
terms of sale of real estate. 
real estate broker - A person or an organization acting as the agent for others in negotiating the 
purchase and sale of real property or other commodities for a fee...
Preview 4 out of 67 pages
Add to cartbrokerage - The business of bringing buyers and sellers together and assisting in negotiations for the 
terms of sale of real estate. 
real estate broker - A person or an organization acting as the agent for others in negotiating the 
purchase and sale of real property or other commodities for a fee...
Trec Commision Membership - 9 Members (6 brokers, 3 public) appointed by governor. They serve 6 
year staggered term. 
Texas Real Estate Borker Lawyer Committee - 13 Members (6 brokers, 6 lawyers, 1 public) 
General Eligibility Requirements to be Licensed by TREC - 18 years old 
a US citizen or lawf...
Preview 2 out of 12 pages
Add to cartTrec Commision Membership - 9 Members (6 brokers, 3 public) appointed by governor. They serve 6 
year staggered term. 
Texas Real Estate Borker Lawyer Committee - 13 Members (6 brokers, 6 lawyers, 1 public) 
General Eligibility Requirements to be Licensed by TREC - 18 years old 
a US citizen or lawf...
Courses for the renewal of an active real estate broker or sales agent license are called - continuing 
education (CE) 
What is the maximum amount that the Commission will pay from the real estate recovery trust account 
for claims against any one license holder, until the account has been repaid in...
Preview 2 out of 5 pages
Add to cartCourses for the renewal of an active real estate broker or sales agent license are called - continuing 
education (CE) 
What is the maximum amount that the Commission will pay from the real estate recovery trust account 
for claims against any one license holder, until the account has been repaid in...
Texas Principles of Real Estate 1: Quiz 
Questions 
Special Agent - A real estate agent is an example of what type of agent...? 
Universal Agent 
General Agent 
Special Agent 
Specific Agent 
Market Comparison Approach - A means of comparing similar type properties, which have recently 
sold, to the...
Preview 4 out of 31 pages
Add to cartTexas Principles of Real Estate 1: Quiz 
Questions 
Special Agent - A real estate agent is an example of what type of agent...? 
Universal Agent 
General Agent 
Special Agent 
Specific Agent 
Market Comparison Approach - A means of comparing similar type properties, which have recently 
sold, to the...
Amortization The liquidation of a financial obligation on an installment basis; also, recovery over a 
period of cost or value. 
Area Two dimensional surface of an object 
Interest and how its calculated Total loan value * interest rate = Total Interest due 
Profit and Loss Profit - An amount over p...
Preview 2 out of 15 pages
Add to cartAmortization The liquidation of a financial obligation on an installment basis; also, recovery over a 
period of cost or value. 
Area Two dimensional surface of an object 
Interest and how its calculated Total loan value * interest rate = Total Interest due 
Profit and Loss Profit - An amount over p...
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