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RealEstateU: Texas Real Estate Principles Part 1 Final Exam Questions and Answers well Explained Latest 2024/2025 Update 100% Correct. $7.99   Add to cart

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RealEstateU: Texas Real Estate Principles Part 1 Final Exam Questions and Answers well Explained Latest 2024/2025 Update 100% Correct.

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  • RealEstateU: Texas Real Estate Principles Part 1 F
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  • RealEstateU: Texas Real Estate Principles Part 1 F

A seller's broker is required to tell their client any relationship they may have with the buyer. This is an example of what fiduciary duty? - disclosure The prohibition of fair housing discrimination by a licensee is described as which of the following... - Texas Real Estate License Act A real...

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  • August 29, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • RealEstateU: Texas Real Estate Principles Part 1 F
  • RealEstateU: Texas Real Estate Principles Part 1 F
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ACADEMICMATERIALS
RealEstateU: Texas Real Estate
Principles Part 1 Final Exam
A seller's broker is required to tell their client any relationship they may have with the buyer. This is an
example of what fiduciary duty? - disclosure

The prohibition of fair housing discrimination by a licensee is described as which of the following... -
Texas Real Estate License Act



A real estate broker is authorized to perform which of the following? - Deal or sell options on real
estate; identify properties for purchase or lease; auction off real estate.

A broker will work for a client and with a - customer



A broker's compensation is... - negotiable



A contract whereby a property owner employs a real estate broker to market the property described in
the contract is referred to as the... - Listing Contract



a form of ownership of real property recognized in all states that consists of individual ownership of
some aspects and co-ownership in other aspects of the property is known as - condominium



A joint tenancy is terminated when which of the following cease to exist? - Interest, possession,
title



A lien imposed against property without consent of an owner is referred to as an... - Involuntary
Lien



A listing contract exists between the real estate broker and the... - Client



A listing contract is an example of an... - Bilateral Contract

, A local real estate developer bought an abandoned school building with the intention of converting it to
residential units. This is an example of... - Converted use property



A means of comparing similar type properties would have recently sold to the subject property is known
as: - Market Comparison Approach



A property manager is an example of what type of agent? - General Agent



A real estate agent is an example of what type of agent? - Special Agent



A right acquired by one party to use land of another party for a special purpose is known as... -
Easements



A seller's agent is entitled to a commission after - The agent finds a buyer who is ready, willing,
and able to purchase the property.



A subdivision plot method describing property includes which of the following... - Lots and blocks



A territorial subdivision six miles long, six miles wide and containing 36 sections, located between two
range lines and two township lines is known as... - Township



After the applicant submit their real estate sale persons application, their license will be mailed to which
of the following... - The applicants sponsoring broker



All property that is not land and is not permanently attached to land is known as - Personal
Property



An agency relationship created by oral or written agreement between principal and the agent is known
as... - Express Agency



An agent must be honest and truthful. This is an example of... - integrity

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