Mastering the fundamentals of real estate is crucial for passing your At Your Pace Online (AYPO) Real Estate Principles exam and starting a successful career in real estate.
[Show more]
Real estate agents are considered to have which kind relationship with clients? A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of the...
Preview 2 out of 5 pages
Add to cartReal estate agents are considered to have which kind relationship with clients? A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of the...
The Original Legislation: The Real Estate Dealers Act of 1939 main piece of Texas law governing the licensing and behavior of real estate professionals in the state. The Real Estate License Act (TRELA) Licensing Duties were added in: 1955 Broker license was changed from 2 years in the 36 mo...
Preview 2 out of 9 pages
Add to cartThe Original Legislation: The Real Estate Dealers Act of 1939 main piece of Texas law governing the licensing and behavior of real estate professionals in the state. The Real Estate License Act (TRELA) Licensing Duties were added in: 1955 Broker license was changed from 2 years in the 36 mo...
To be valid for more than a year, a covenant, condition, and restriction (CC&R) must meet which of the following conditions? It must be in wriitng How are gross income multipliers calculated? By dividing the asking price of a property by the gross monthly income generated by that property If a...
Preview 4 out of 45 pages
Add to cartTo be valid for more than a year, a covenant, condition, and restriction (CC&R) must meet which of the following conditions? It must be in wriitng How are gross income multipliers calculated? By dividing the asking price of a property by the gross monthly income generated by that property If a...
Disparate impact A set of criteria which are not directly targeted at a specific group but will disproportionately affect that group. What purpose is served by regulating real estate licensing? 1. prtect the eneral public during real estate transactions from dishonest or incompetent brokers and s...
Preview 2 out of 6 pages
Add to cartDisparate impact A set of criteria which are not directly targeted at a specific group but will disproportionately affect that group. What purpose is served by regulating real estate licensing? 1. prtect the eneral public during real estate transactions from dishonest or incompetent brokers and s...
D) Texas Real Estate Commission (TREC) What is the name of the governing body for real estate in Texas? A. Texas Real Estate Constitution (TREC) B. Texas Real Estate Counselors (TREC) C. Texas Real Estate Council (TREC) D. Texas Real Estate Commission (TREC) D) they conduct the unlawful pract...
Preview 4 out of 32 pages
Add to cartD) Texas Real Estate Commission (TREC) What is the name of the governing body for real estate in Texas? A. Texas Real Estate Constitution (TREC) B. Texas Real Estate Counselors (TREC) C. Texas Real Estate Council (TREC) D. Texas Real Estate Commission (TREC) D) they conduct the unlawful pract...
Trec has the authority under TRELA to suspend or even revoke a brokers license if The conduct the unlawful practice of law ESAC stands for Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs Which amendment guarantees ...
Preview 2 out of 5 pages
Add to cartTrec has the authority under TRELA to suspend or even revoke a brokers license if The conduct the unlawful practice of law ESAC stands for Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs Which amendment guarantees ...
The Texas Real Estate Commission consists of members appointed by the governor with the advice and consent of the: Senate. What is their composition? - None of these answers are correct - Six members who have been engaged in the brokerage business as licensed brokers as their major occupation ...
Preview 2 out of 5 pages
Add to cartThe Texas Real Estate Commission consists of members appointed by the governor with the advice and consent of the: Senate. What is their composition? - None of these answers are correct - Six members who have been engaged in the brokerage business as licensed brokers as their major occupation ...
which of the following conditions must be met for a reit? atleast 75% of the reits total assets and cash what occurs in secondary capital markets? securities are traded between investors which of the following objective values means the value of a piece of property will rise or fall because of...
Preview 2 out of 5 pages
Add to cartwhich of the following conditions must be met for a reit? atleast 75% of the reits total assets and cash what occurs in secondary capital markets? securities are traded between investors which of the following objective values means the value of a piece of property will rise or fall because of...
Fixity land and buildings and other improvements to land require long periods of time to pay for themselves(investment permanence) Situs location preference from an economic standpoint rather than geographical Economic Characteristics of Land scarcity, modification, fixity, situs 3 physical...
Preview 2 out of 14 pages
Add to cartFixity land and buildings and other improvements to land require long periods of time to pay for themselves(investment permanence) Situs location preference from an economic standpoint rather than geographical Economic Characteristics of Land scarcity, modification, fixity, situs 3 physical...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller twishfrancis. Stuvia facilitates payment to the seller.
No, you only buy these notes for $28.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
73091 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now