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Special Agent Correct Answers A real estate agent is an example of what type of agent...? Universal Agent General Agent Special Agent Specific Agent Market Comparison Approach Correct Answers A means of comparing similar type properties, which have recently sold, to the subject property is known as the...? Cost Approach Assessment Approach Income Approach Market Comparison Approach Listing Contract Correct Answers A contract in which a property owner employs a real estate broke...

The purpose of the TRELA is to... Correct Answers protect the public against unscrupulous brokers and salespersons. What is required to obtain a license in Texas? Correct Answers be a resident of Texas at least 18 yrs of age at the time of application, be of good moral character, must show competency by passing the exam If the licensee pays a commission to any unlicensed person, places a sign offering a property without the written permission of the owner, sells real estate by lottery this...

Trec Commision Membership Correct Answers9 Members (6 brokers, 3 public) appointed by governor. They serve 6 year staggered term. Texas Real Estate Borker Lawyer Committee Correct Answers13 Members (6 brokers, 6 lawyers, 1 public) General Eligibility Requirements to be Licensed by TREC Correct Answers18 years old a US citizen or lawfully admitted alien resident of the state A certificate is required seperate of the license when Correct Answersbuying, selling or leasing an easement per...

brokerage Correct AnswersThe business of bringing buyers and sellers together and assisting in negotiations for the terms of sale of real estate. real estate broker Correct AnswersA person or an organization acting as the agent for others in negotiating the purchase and sale of real property or other commodities for a fee real estate salesperson Correct AnswersA person performing any of the acts included in the definition of real estate broker but while associated with and supervised by a ...

Add/delete sheets correct Answers alt-i-w OR alt h-i-s Moving around task ribbonCorrect AnswersTab and shift (to select) Auto fit cellCorrect Answersalt-h-o-i Custom fit columnsCorrect Answersalt h-o-w Custom fit rowsCorrect Answersalt h-o-h Select entire column/rowCorrect Answersctrl shift-arrow key Format cellsCorrect Answersctrl 1 Paste specialCorrect Answersalt e-s Freeze panesCorrect Answersalt w-f-f Split panesCorrect Answersalt w-s Move between panesCorrect A...

CA PSI Site - Life, Accident and Health Agent PSI Practice exam NJ PSI Life Insurance Test PSI National Exam for Real Estate PSI CA Property and Casualty Practice Examination PSI TEST PSI: LIFE, ACCIDENT, AND HEALTH PRACTICE PSI Life, Accident, and Health Insurance PSI National Practice Questions (KY) psi exam test prep questions PSI - NY Life

The federal Risk Retention Act of 1986 applies to which businesses? Correct Answer self-insuring businesses John, an insurance producer, receives a request for information from the Commissioner. His written reply is due within how many days after receiving the request? Correct Answer 15 business days For a misrepresentation to affect the validity of an insurance policy, it must be: Correct Answer material An agent for ABC Insurance Company meets with a client. The agent shows the client...

Admitted Insurance Company vs. Non-Admitted Insurance Company Correct Answers An admitted insurance company is authorized to transact insurance in California because it has a Certificate of Authority granted by the California Department of Insurance (CDI) A non-admitted insurance company is not authorized to transact insurance in California because of failing to comply with California requirements or did not seek admission Pure Risk vs. Speculative Risk Correct Answers Pure risks are ins...

all of the following are ownership rights EXCEPT: A: changing the beneficiary of the policy B: borrowing funds against cash value C: switching the policy from on insured to another D: assigning all of the rights of the policy to another person Correct Answers C: switching the policy from on insured to another which of the following is characteristic of a non qualified plan: A: defined vesting schedule B: plan established by the employer C: plan does not meet federal guidelines for tax ...

Which policy type is backed by equity investments and allows the policyholder to adjust the death benefit? Correct Answers variable universal life Which annuity settlement option provides a stated monthly amount to the annuitant and upon the annuitant?s death the same or a lesser amount paid for the lifetime of the survivor? Correct Answers Joint and survivorship option In which of the following must a beneficiary change request be filed in writing to the insurer and is made effective by t...