Situs refers to Study guides, Class notes & Summaries

What authority originates from the U.S. Constitution and relates to protection of health and welfare of citizens at local levels? A) Situs B) Community protection power C) Escheat D) Police power - Ans D) Police power Police power - The authority of government to protect the property, life, health, and welfare of its citizens. Situs refers to prospective buyers' preference for a certain area.

TREC has the authority under TRELA to suspend or even revoke a broker's license if: They conduct the unlawful practice of law ESAC stands for: Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? 5th Amendment. The CFPB is the: Consumer Financial Protection Bureau A professional organization or association is usual...

NATIONAL REAL ESTATE EXAM PRACTICE TEST ALREADY PASSED In most cases, broker compensation, as a percentage of home price, falls somewhere between: 5-7% A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the federal Fair Housing Act, is this legal? Yes. Religious organizations which rent to tenants for residential purposes are exempt from the Fair Housing Act What happens to trade fixtures after a business moves out of a leased property? The tenant remo...

TREC has the authority under TRELA to suspend or even revoke a broker's license if: They conduct the unlawful practice of law ESAC stands for: Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? 5th Amendment. The CFPB is the: Consumer Financial Protection Bureau A professional organization or association is usual...

TREC has the authority under TRELA to suspend or even revoke a broker's license if: Ans~~ They conduct the unlawful practice of law ESAC stands for: Ans~~ Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Ans~~ Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? Ans~~ 5th Amendment. The CFPB is the: Ans~~ Consumer Financial Protection Bureau A profession...

AYPO Real Estate Principles of Real Estate I 2024 Practice Exam | ACTUAL QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT) | A+ GRADE ASSURED TREC has the authority under TRELA to suspend or even revoke a broker's license if: They conduct the unlawful practice of law ESAC stands for: Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs. Which amendment guarantees that a citizen will not be deprived of property ...

What authority originates from the U.S. Constitution and relates to protection of health and welfare of citizens at local levels? A) Situs B) Community protection power C) Escheat D) Police power - D) Police power Police power - The authority of government to protect the property, life, health, and welfare of its citizens. Situs refers to prospective buyers' preference for a certain area. Escheat provides for a government, normally a state government, to take the property of an ow...

MA Real Estate Exam study guide. Notes have been taking directly from book and other recourses. 2024 Types of Property: Personal property -Answer-Refers to land/things that are moveable& tangible. furniture, tv, swings, artificial plants Types of Property: Real property -Answer-Refers to land/things that are permanently attached. plants, building tree, ground minerals Land Characteristics: Physical, Immobility -Answer-Land cannot be moved Land Characteristics: Physical, Indestructibility...

AYPO Real Estate Principles of Real Estate I Exam Study Guide with Complete SolutionsAYPO Real Estate Principles of Real Estate I Exam Study Guide with Complete Solutions TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ANSWER-They conduct the unlawful practice of law ESAC stands for: - ANSWER-Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? - ANSWER-Situs. Which amendment guaran...

D) Texas Real Estate Commission (TREC) What is the name of the governing body for real estate in Texas? A. Texas Real Estate Constitution (TREC) B. Texas Real Estate Counselors (TREC) C. Texas Real Estate Council (TREC) D. Texas Real Estate Commission (TREC) D) they conduct the unlawful practice of Law TREC has the authority under TRELA to suspend or even revoke a broker's license if: A) they conduct the unauthorized practice of negotiation. B) they conduct the unlicensed practice of p...