Aceable agent questions - Study guides, Class notes & Summaries

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Aceable Agent Texas Real Estate Principles I (2023/2024) Newest Questions and Answers (Verified Answers)

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Aceable Agent Questions and to-go answers 2023/2024 TOTAL = PART/PERCENTAGE PART = TOTAL x PERCENTAGE PERCENTAGE = PART/ TOTAL - Formulas to calculate commission? PRINCIPAL - What is the term that describes the money that is lent? CASH TO CLOSE - Down payment minus earnest money? TOTAL SALES PRICE - Loan payment + loan principal? ORIGINATION POINTS - Loan points/fees charged 1% to compensate loan officers for underwriting and administering the loan. DISCOUNT POINTS - Loan poi...

Aceable Agent - Texas Real Estate 1 Practice Test Questions and answers latest update

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"right of survivorship" - predetermines that when one co-owner dies, their ownership interest reverts to the surviving co-owners 2 Years - How often can homeowners take advantage of capital gains exemption under the Taxpayer Relief Act of 1997? 200 acres for families, 100 acres for individuals - limit on a rural homestead is currently A drafted copy of a listing agreement - Which of the following is NOT a required disclosure that real estate license holder must provide to consumers? a t...

Real Property real estate plus the rights of ownership Land the surface of the earth, including all permanently attached natural features, extending downwards to the center of the earth and upwards to infinity. real estate land plus all improvements made by man or nature Bundle of Rights The rights of an owner to possess, control, enjoy, sell, lease, mortgage, and dispose of the property. Bundle of Rights terms Exclusion, possession, quiet enjoyment, control and ...

ACEABLE AGENT - TEXAS REAL ESTATE 1 PRACTICE TEST QUESTIONS AND ANSWERS, GRADED A+ "right of survivorship" - -predetermines that when one co-owner dies, their ownership interest reverts to the surviving co-owners 2 Years - -How often can homeowners take advantage of capital gains exemption under the Taxpayer Relief Act of 1997? 200 acres for families, 100 acres for individuals - -limit on a rural homestead is currently A drafted copy of a listing agreement - -Which of the following is...