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The CE Shop Principles of Real Estate I Exam Review questions and answers.
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The CE Shop Principles of Real Estate I Exam Review questions and answers.
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The CE Shop Principles of Real Estate IExam Review questions and answers
In
/most
/markets, /in /which /month /would /a /real /estate /downcycle /typically /start? /- /(correct /answer) /-
November
You /have /a /listing /agreement /with /Sam, /which /makes /him /your /______. /- /(correct /answer) /-
Client
Who /has /the /ultimate /responsibility /for /the /sales /agent's /actions /in /Texas? /- /(correct /answer) /-
The /sales /agent, /and /the /sales /agent's /broker
Licensee
/Dionne
/pointed
/out
/to
/her
/buyer
/client
/the
/items
/in
/the
/house
/she
/was
/showing
/that
/would
/be
/considered
/real
,/property.
/One
/of
/the
/key /determinants, /she /explained, /was /whether /the /item /were /_______. /- /(correct /answer) /-
Permanently /affixed /to /the /property
The
/seller
/of
/property
/that
/may
/be
/subject /to /a /private /transfer /fee /must /provide /the /prospective /buyer /with /this /written /notice. /-
/(correct /answer) /-Private /transfer /fee /obligation
Which /term /would /you /most /likely /see /associated /with /a /lake? /- /(correct /answer) /-Littoral
In
/order
/for /
a
/lease
/for
/real
/estate
/to
/be
/enforceable,
/it /must /be /in /writing /and /signed /by /the /person /to /be /charged /with /the /promise/agreement, /or
/by
/someone /who /is /legally /authorized /to /sign /for /that /person. /This /requirement /applies /to /a /lease
/with /a /term /of /______. /- /(correct /answer) /-More /than /one /year
Ginnie's
/Aunt
/Becca
/listed
/the
/old
/family
/mansion
,/with
/Ginnie.
/Ginnie
/put
/it /on /the /market /for /Becca, /but /then /she /and /her /cousins /talked /with /Becca /and /decided /they
/wanted
/to
/keep
/the
/property /in /the /family. /What's /the /best /way /to /terminate /the /agreement? /- /(correct /answer) /-
Ginnie /and /Becca /must /mutually /agree /to /terminate /the /agreement
In
/Texas, /
a
/real
/estate
/licensee
/doesn't
/have
/to
/have
/any
/additional
/licenses /to /sell /manufactured /homes /as /long /as /_________________. /- /(correct /answer) /-
The /licensee /negotiates /for /the /consumer /while /acting /as /the /consumer's /broker /or /sales /agent
The /ESAC /makes /recommendations /to /which /agency? /- /(correct /answer) /-
The /Texas /Real /Estate /Commission
What
/must /
a
/licensee
/do
/regarding
/property
/the
/licensee
/holds
/directly
/or /indirectly /if /it /becomes /the /subject /of /a /real /estate /transaction? /- /(correct /answer) /-Disclose
/the /interest /to /all /parties /to /the /transaction.
, Which /of /the /following /is /NOT /a /characteristic /of /a /corporation? /- /(correct /answer) /-
Corporations /are /tangible /and /nontaxable
When
/working
/with /
a /client /on /a /real /estate /sale, /a /real /estate /licensee /is /usually /acting /as /which /type /of /agent? /-
/(correct /answer) /-Special
Your
/client
/submits
/an
/application /to /rent /a /condo /unit. /He /has /excellent /credit /and /been /in /the /same /job /for /a /long
/time.
/He
/uses /
a
/cane
/to
/help
/him
/with
/mobility.
/When
/his
/application
/is
/rejected, /he /feels /it's /due /to /his /disability. /He /is /protected /under /______. /- /(correct /answer) /-
Fair /Housing /Amendments /Act /of /1988
Homestead
/exemptions
/______
/property
/taxes
/for
/all
/homeowners
/by /protecting /a /certain /amount /of /a /Texas /home's /value /from /tax. /- /(correct /answer) /-
Decrease
Which /stage /of /the /real /estate /cycle /is /considered /the /bottom? /- /(correct /answer) /-Depression
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