Texas real es Study guides, Class notes & Summaries
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Aceable Agent Texas Real Estate Principles I questions and answers
- Exam (elaborations) • 5 pages • 2023 Popular
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Broker's Price Opinion (BPO) 
A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property 
 
 
 
Closing 
The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount 
 
 
 
Comparative Market Analysis (CMA) 
A report comparing the prices of sold homes that are similar to the subject property (called comparables), created by a license ho...
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RealEstateU: Texas Real Estate Principles Part 1 Final Exam| 90 questions| with complete solutions
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The amount of goods offered for sale within a given market at a given price during a given time period. correct answer: supply 
 
A property manager is an example of what type of agent? correct answer: General Agent 
 
A real estate agent is an example of what type of agent? correct answer: Special Agent 
 
The general uses of real property include the following: correct answer: Residential, Commercial, and Industrial 
 
A means of comparing similar type properties would have recently sold t...
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Texas Real Estate Property Management Final Exam 2023 Test Questions With Correct Answers Elaborated
- Exam (elaborations) • 39 pages • 2023
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Texas Real Estate Property Management Final Exam 2023 Test Questions With Correct Answers Elaborated
![Real Estate U Texas Real Estate Finance(6)](/docpics/63e1dbc53af45_2344415.jpg)
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Real Estate U Texas Real Estate Finance(6)
- Exam (elaborations) • 54 pages • 2023
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An acceleration clause is included in which of the following...? 
The mortgage 
Both the promissory note and mortgage 
The promissory note 
The lien - Answer- The promissory note? 
 
Collateral - - Answer- Marketable real or personal property which a borrower pledges as security for a loan. In mortgage transactions, specific land is the collateral. 
 
Promissory Note - - Answer- Following a loan commitment from the lender, the borrower signs a note, promising to repay the loan under stipulated t...
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Texas Real Estate Law - SAE Champions School Of Real Estate Exam
- Exam (elaborations) • 7 pages • 2023
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Texas Real Estate Law - SAE Champions School Of Real Estate Exam
Texas Real Estate Finance Final Exam Questions 20232024
![Aceable Agent Texas Real Estate Principles I 	Question and answer 100% correct 2023](/docpics/2915938/648e544c0adab_2915938_121_171.jpeg)
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Aceable Agent Texas Real Estate Principles I 	Question and answer 100% correct 2023
- Exam (elaborations) • 4 pages • 2023
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Aceable Agent Texas Real Estate Principles I 	Question and answer 100% correct 2023Broker's Price Opinion (BPO) 
A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property 
 
 
 
Closing 
The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount 
 
 
 
Comparative Market Analysis (CMA) 
A report comparing the prices of sold homes tha...
![Texas Real Estate Finance Final Exam Questions And Answers](/docpics/63e1e95ee3c13_2344524.jpg)
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Texas Real Estate Finance Final Exam Questions And Answers
- Exam (elaborations) • 9 pages • 2023
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Why do lenders collect reserve funds at the property closing? 
 
A) To get a higher yield in their investment 
B) To be sure money will be available for tax and insurance purposes 
C) To have extra money that will accrue interest 
D) To hedge against increases in taxes or insurance premiums - Answer- B) To be sure money will be available for tax and insurance payments 
 
The cost recovery period for land improvements is how long? 
A) 15 years 
B) 25 years 
C) 27.5 years 
D) 30 years - Answer- A)...
Principles of Texas Real Estate 1 Final Exam Questions And Answers All Correct Combined Package Deal 


Texas Real Estate Brokerage SAE Final Exam-with 100% verified solutions-
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