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Texas Principles of Real Estate 1 Mini-Quizzes & actual answers.
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Texas Principles of Real Estate 1 Mini-Quizzes & actual answers.
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Texas Principles of Real Estate 1 Mini-Quizzes & actual answers.
Brokerage ANS - The business of bringing buyers and sellers together and assisting in negotiations for
the terms of sale of real estate is known as...?
Agency
Brokerage
Trading
Appraising
Commercial Property ANS - Property that produces rental income or that is used in business is known
as...?
Commercial Property
Residential Property
Mixed-Use Property
Special Purpose Property
Public Parks ANS - Government held properties include which of the following...?
Ranches
Churches
Office buildings
Public parks
Commercial Brokerage ANS - These real estate brokers specialize in the sale and lease of shopping
centers and office buildings...?
,Residential brokerage
Apartment brokerage
Commercial brokerage
Special use brokerage
True ANS - Property inspections must be licensed by the Texas Real Estate Commission...?
True
False
Residential Property ANS - A type of property that includes one to four dwelling units is known as...?
Commercial Property
Mixed-Use Property
Residential Property
Special Purpose Property
Church ANS - Which of the following is an example of a special purpose property...?
Church
High-rise office tower
Shopping Center
Self storage facility
Continuing Education Courses ANS - Which of the following courses are taken after you obtain your real
estate license...?
Continuing education courses
Pre-licensing courses
,Real Estate Practice courses
Real Estate Principles courses
60 ANS - The qualifying Real Estate Principles course consists of how many classroom hours in total...?
15
30
45
60
3600 ANS - How many points must an applicant earn in order to obtain their real estate broker's
license...?
270
1200
2500
3600
True ANS - The mission of the Education Standard Advisory Committee (ESAC) is to regularly review and
revise the curriculum standards, course content requirements, and instructor certification requirements
for qualifying and continuing education courses...?
True
False
Qualifying Education Courses ANS - The pre-licensing courses needed to obtain your real estate license
are considered what type of courses...?
Continuing education courses
Elective courses
, Qualifying education courses
All of the above
All of the Above ANS - Which of the following factors can impact the value of real estate...?
Topography
Prevailing winds
Proximity to transportation
All of the above
False ANS - Value is the same as price...?
True
False
Cost of Labor ANS - Which of the following affects supply...?
Employment
Cost of labor
Population
All of the above
True ANS - Real estate prices are directly related to supply and demand...?
True
False
Improvements ANS - Changes or additions made to a property, such as walls and roads are known as...?
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