The Education Standards Advisory Committee is made up of:
A. 12 members
B. 13 members
C. 9 members
D. 14 members - ANSWERSA. 12 members
The Commission issues a license to a salesperson after:
A. The person has at least 6 years sales experience.
B. The person is 25 years old.
C. The pe...
The Education Standards Advisory Committee is made up of:
A. 12 members
B. 13 members
C. 9 members
D. 14 members - ANSWERSA. 12 members
The Commission issues a license to a salesperson after:
A. The person has at least 6 years sales experience.
B. The person is 25 years old.
C. The person has finished 3 classes.
D. The person has met all the requirements for a license. - ANSWERSD. The person has met all the
requirements for a license.
A deed is used to transfer ownership of real estate. A bill of sale would be used to transfer ownership of:
A. A mortgage
B. Personal property
C. A deed of trust
D. A house and 2 acres of land - ANSWERSB. Personal property
Annual plants are called fructus industriales or emblements and are:
A. Real estate
,B. Personal property
C. Taxed
D. Leases - ANSWERSB. Personal property
When someone owns property to the exclusion of all other persons, this person is said to hold the
property in:
A. Personality
B. Severalty
C. Common
D. Secret - ANSWERSB. Severalty
A person who owns a property in severalty:
A. Is a tenant in common with other people
B. Is the sole owner of the property
C. Holds the property as community property
D. Has unity of title - ANSWERSB. Is the sole owner of the property
In Texas, an urban homestead is limited to 10 acres and the acres must:
A. Be contiguous
B. Be separated by 1 block
C. A married couple may have a larger urban homestead than a single person.
D. Be all on the same street - ANSWERSA. Be contiguous
Price-fixing, boycotting, and allocation of customers or markets are violations of:
A. Fair housing laws
B. Real estate codes
C. Common law
, D. Antitrust acts - ANSWERSD. Antitrust acts
An agency relationship is always created at the:
A. Broker level
B. Customer level
C. Salesperson level
D. None of the above - ANSWERSA. Broker level
Discrimination in housing on the basis of race is prohibited by:
A. Civil Rights Act of 1957
B. Civil Rights Law of 1855
C. An 1815 law
D. Civil Rights Act of 1866 - ANSWERSD. Civil Rights Act of 1866
The act of refusing home loans to areas or neighborhoods deemed poor financial risk is:
A. Steering
B. Redlining
C. Legal
D. Blockbusting - ANSWERSB. Redlining
Agent Jane is showing Buyer Bob a property. Agent Jane wants to make sure Buyer Bob will like the
neighborhood. She has selected the location of the property based on the national origin of the people
living in the neighborhood. Agent Jane is:
A. Blockbusting
B. Redlining
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