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Aceable Agent - Texas Real Estate 1 Practice Test Exam (2024 / 2025) Actual Questions with Verified Answers, 100% Guarantee Pass $12.99   Add to cart

Exam (elaborations)

Aceable Agent - Texas Real Estate 1 Practice Test Exam (2024 / 2025) Actual Questions with Verified Answers, 100% Guarantee Pass

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  • Course
  • Texas Real estate
  • Institution
  • Texas Real Estate

Aceable Agent - Texas Real Estate 1 Practice Test Exam (2024 / 2025) Actual Questions with Verified Answers, 100% Guarantee Pass

Preview 2 out of 11  pages

  • August 21, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Texas Real estate
  • Texas Real estate
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TIPSCORE
Aceable Agent - Texas Real Estate 1 Practice Test.pdf file:///C:/Users/HP/Desktop/NIW/Aceable%20Agent%20-%20Texas




Aceable Agent - Texas Real Estate 1 Practice Test



1. Severance

ANS turn real property into personal property

2. Voidable

ANS can be terminated or rescinded by either party

3. Real property refers to the land and improvements on it plus the set of rightsassociated

with real estate ownership.

ANS land, and improvements on it plus the setof rights associated with real estate ownership

4. Sponsoring Broker

ANS Sales agents accept commission from

5. Counteroffer

ANS party makes changes to an offer and represents the new offer

6. Uniqueness

ANS no two tracts of land are the same

7. Special Agency

ANS Broker signs listing agreement with seller
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,Aceable Agent - Texas Real Estate 1 Practice Test.pdf file:///C:/Users/HP/Desktop/NIW/Aceable%20Agent%20-%20Texas




8. Lot and Block

ANS Plat, Oak Grove, Block 600, Lot 5, Dallas County, TX

9. Fair Housing

ANS the Department of Housing and Urban Development, commonlyreferred to as HUD,

enforces the

10. What consequences could a broker suffer if a court concludes they know-ingly and

intentionally conveyed incomplete or false information to a cus- tomer?

ANS If they are found to be knowingly and intentionally at fault, they may be punished with

Treble damages for both economic damages and mental anguish.

11. grounds for disciplinary action, including revocation or suspension of a license,

EXCEPT

ANS Asking buyers to provide their own transportation to inspect aproperty

12. Condo

ANS An owner lives in a single family dwelling but only owns the building.The homeowner's

association owns and maintains the grounds, the pool and theexercise room. All of the owners

in the area share the common areas. What doesthe owner live in?

13. Market Information

ANS agents use as a basis for advising a prospect
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