Real Estate (REALESTATE)

CHAMPIONS SCHOOL OF REAL ESTATE SALESPERSON NATIONAL PREP EXAM 1 WITH ANSWERS 2023. A broker has a one-on-one relationship with a client. This is an example of: a. brokerage. b. agency. c. independent contractor status. d. a partnership. iii. When a broker sponsors a license holder, the license holder usually remains an independent contractor. If a broker moves an independent contractor to employee status, the broker MUST: a. pay payroll taxes for the license holder. b. require the lice...

Texas Principles 2 Exam Practice Questions and Answers- Champions School of Real Estate

A broker has a duty to provide what two things to his sponsoring agents? Supervision and evaluation Once a licensee has obtained a listing, he or she must: provide the seller with a legible, si gned, true, and correct copy of the listing agreement. Six of the members of the Broker-Lawyer Committee are selected from: The State Bar of Texas. Responding to or facilitating inquiries about the ancestry or familial status would put the licensee in the position of violating Federal and state laws as we...

Texas Principles 1 Q & A - Champions School of Real Estate/ Latest Updated A+ Guide: Questions & Answers

Texas Principles 1 Exam Practice Questions - Champions School of Real Estate.100% CORRECT

John owns the dominant estate with an easement appurtenant. John sells the property. What happens to the easement? a. A commercial tenant's lease will expire at the end of the month. It is terminated by the sale. b. It belongs to the buyer. c. (Its ownership must be negotiated outside the sale. d. John retains ownership of the easement. Appurtenant - In real property law, this describes any right or restriction that goes with that property, such as an easement to gain acces...