RELE Bundled Exams Questions and Answers (2023/2024) 100% Solved

RELE1219 QUIZ 7 (2023/2024) Already Graded A Fixed-rate loans may be designed in all the following ways EXCEPT with gradual increases in the interest rate. A 15-year fixed-rate mortgage provides all of the following benefits EXCEPT it provides greater tax deduction. Private mortgage insurance is i...

RELE1219 QUIZ 9 Latest Update Rated A Processing a mortgage loan includes all the following procedures EXCEPT checking the Dun and Bradstreet listing for the lender. The biggest change in mortgage financing procedures has been the emphasis on the risk assessment of the purchaser. The assets listed...

RELE1219 QUIZ 6 (2023/2024) 100% Solved Which of the following is NOT an example of a physical encumbrance? Mortgage lien Although many types of interests in real property may be used as security for a real estate loan, the MOST common is a fee simple interest. The system whereby the lender holds ...

RELE 2201 CHAPTER 8 REVIEW (2023/2024) ALREADY GRADED A Texas agency disclosure laws apply to residential licensees but not to commercial licensees or licensees involved with property management or farms and ranches. FALSE Agency is a consensual relationship that requires both consent by the agent...

RELE 2201 CHAPTER 11 REVIEW RATED A All of the following are essential elements to a cause of action for fraud except mistake As originally written, the DTPA did not cover real estate transactions. True Consumers are protected under DTPA from A. false, misleading and deceptive practices. B. uncons...

RELE 2201 CHAPTER 9 REVIEW (2023/2024) ALREADY PASSED Jesse Longoria is the broker/owner of West Texas Realty. As the responsible broker, he may also be referred to as A. sponsoring broker. B. designated broker. C. principal broker. ALL OF THE ABOVE Lena is a broker associated with Yokohama Realt...

Final Exam RELE 1200 Questions and Answers 100% Pass 1. According to paragraph 18 of the One to Four Family Residential Contract, at closing, earnest money is first applied to cash down payment 2. Which addendum is commonly used in a transaction involving an 80% fixed-rate loan? Third Party Financ...