The CE Shop: 30-HR. TX PRINCIPLES OF REAL ESTATE II nQuestions With Correct Answers Rated A+
7 views 0 purchase
Course
CE Shop
Institution
CE Shop
The CE Shop: 30-HR. TX PRINCIPLES OF REAL ESTATE II nQuestions With Correct Answers Rated A+
What happens when an appraisal comes back lower than the asking price? - correct answer...1. They can acknowledge a fail
2. The buyer can increase the down payment
3. The seller can lower the asking pr...
The CE Shop: 30-HR. TX PRINCIPLES
OF REAL ESTATE II nQuestions With
Correct Answers Rated A+
What happens when an appraisal comes back lower than the asking price? - correct
answer...✔✔1. They can acknowledge a fail
2. The buyer can increase the down payment
3. The seller can lower the asking price
4. They can compromise
Real Estate Broker - correct answer...✔✔A person licensed as a broker who performs
brokerage activities and collects compensation
Real Estate Sales Agent - correct answer...✔✔A person who performs real estate
activities while associated with a licensed real estate broker
Licensee - correct answer...✔✔A person holding a valid license
Appraiser - correct answer...✔✔A person holding certification to estimate the value of
real property according to standardized principles of valuation
Home Inspector - correct answer...✔✔A person who is affiliated with a national
nonprofit trade association, has passed the appropriate exam, and evaluates properties
for their condition
Lender - correct answer...✔✔A person who arranges financing for the buyer of real
property
Developer - correct answer...✔✔A person who constructs improvements on raw land
Subdivider - correct answer...✔✔A person who splits a single property into smaller
parcels in preparation for development
Real Estate Investor - correct answer...✔✔A person who puts money or property into a
real estate project for profit
Real Estate Attorney - correct answer...✔✔A person who holds a law degree and
specializes in real estate; may legally broker deals
Real Estate Counselor - correct answer...✔✔A person who provides services to help
determine viability of a real estate asset or project
AGRADESOLUTIONS
, The Leisure Category - correct answer...✔✔Hotels/motels
Golf courses
Resorts
Sporting arenas
Movie theaters
Restaurants
The Industrial Category - correct answer...✔✔Heavy manufacturing
Light manufacturing
Warehouse & distribution
The Healthcare Category - correct answer...✔✔Hospitals
Urgent care centers
Doctor's offices
The Specialty Category - correct answer...✔✔Mixed-Use
Combined retail/residential
Planned Unit
High-density, zoning mix
Transit-Oriented
Near transportation hub
Private Land Controls - correct answer...✔✔Easements, Liens, and Deed Restrictions
Residential Zone - correct answer...✔✔single-family or multi-family including a duplex
or a high rise apartment
Accessory Apartment/Accessory Use - correct answer...✔✔An additional property
subordinate to the main use of the property such as an equipment shed or mother-in-
law suite
Home Occupation - correct answer...✔✔A residential zone where the residents of the
dwelling conduct business out of their home.
AGRADESOLUTIONS
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
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!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
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.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller agradesolutions. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
