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TX 30 HOUR PRINCIPLES OF REAL ESTATE II EXAM QUESTIONS.
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TX 30 HOUR PRINCIPLES OF REAL ESTATE II EXAM QUESTIONS.
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TX 30 HOUR PRINCIPLES OF REALESTATE II EXAM QUESTIONS
When bthe bvalue bof ba bproperty bincreases bthanks bto ban badjacent bhigher-quality
bproperty, bIt bis bcalled... b- bcorrect banswer-Progression
Sherman bgave bAlexi ba btwo-acre bparcel bfor bfree. bThis btransfer bof bproperty bis
bknown bby bwhat bterm? b- bcorrect banswer-Deed bof bgift
Rachel bloves bconvenience. bAs byou bcan bimagine, bshe bwas bthrilled bwhen bshe
bwas bable bto bfinance bher bmortgage bthrough bthe bsame binstitution bwhere bshe
bdeposits bher bpayroll bchecks. bWhich bof bthese bmost blikely bfinanced bRachel's
bmortgage? b- bcorrect banswer-Savings band bLoan
According bto bTexas's bIdentity bTheft bEnforcement band bProtection bAct, bwhat
bshould bproperty bmanagers band blandlords bdo bwith bold btenant brecords bthat
bcontain bsensitive bpersonal binformation? b- bcorrect banswer-Destroy bthe bfiles
Why bdo bthe bseller's band bbuyer's bagents battend bthe bclosing? b- bcorrect banswer-
To bprovide bsupport bto btheir bclients
What btwo btypes bof bdata bdoes ban bappraiser bgather? b- bcorrect banswer-General
band bspecific
Who's bresponsible bfor bany btax breserves brequired bto bpay bproperty btaxes? b-
bcorrect banswer-Buyer
, One barea bof btown bhas bmaximum bbuilding bheight brequirements band bsetbacks
bfor bthe bfront, bside, band brear byards. bThese brequirements bare ball bindicative bof
b______. b- bcorrect banswer-Bulk bzoning
What btype bof breal bestate binvestment bmay bmeet bthe bdefinition bof bbeing ba
bsecurity band bmust badhere bto bthe brules band bregulations bof bthe bSecurities band
bExchange bCommission? b- bcorrect banswer-Real bestate bsyndicate
Consideration bis bone belement bof ba bvalid bcontract. bIn ba blease, bwhich bof bthe
bfollowing bdoes bthe blessee bgive bas bconsideration? b- bcorrect banswer-Rent
Who bis bultimately bresponsible bfor bensuring bthat bany bhazardous bwaste bproduced
bat ban bapartment bcomplex bis bproperly bdisposed bof? b- bcorrect banswer-The
bproperty bowner bor bmanager
The bacquisition bcost bof ban binvestment bproperty bplus bany bimprovements bor
brenovations bis bthe binvestment's... b- bcorrect banswer-Depreciable bbasis
Which bof bthe bfollowing bactions blikely brequires ba bvariance? b- bcorrect banswer-An
baddition bwhich balters bthe bsetback
What bdoes b"cash-on-cash breturn" bmean? b- bcorrect banswer-A bcomparison bof
bbefore-tax bcash bflow bto bcash binvested
When bmust blenders bprovide bborrowers bwith ba bdisclosure bstatement bregarding
bfinance bcharges, bannual bpercentage brate, betc.? b- bcorrect banswer-At bloan
bapplication bor bwithin bthree bdays bafter bloan bapplication
Green bmortgages bare balso bknown bas bwhat? b- bcorrect banswer-Energy befficient
bmortgages
which bCLOs bare baccessed bthrough ban bintermediary bsuch bas ba breal bestate bor
bmortgage bprofessional? b- bcorrect banswer-Closed bCLOs
What btypes bof bcapital bgains bmay bproperty bowners bencounter? b- bcorrect
banswer-Short- band blong-term
Which bagency badministers bthe bInterstate bLand bSales bFull bDisclosure bAct? b-
bcorrect banswer-Consumer bFinancial bProtection bBureau
What btype bof bmortgage ballows bthe bpurchaser bto binclude bthe bcost bof bthe
benergy bimprovements binto bthe bmortgage bwithout ban bincrease bin btheir bdown
bpayment? b- bcorrect banswer-An benergy-improvement bmortgage
What bis bthe b200% brule bas bit brelates bto btax-deferred bexchanges? b- bcorrect
banswer-The bcombined bfair bmarket bvalue bof bthe bproperty b(or bproperties) bbeing
bexchanged binto bcannot bbe bmore bthan b200% bof bthe brelinquished bproperty.
What bis bthe bpurpose bof bthe bTDHCA? b- bcorrect banswer-To bhelp bTexans bwith
btheir bhousing bneeds
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