Apartment locators - Study guides, Class notes & Summaries
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Principles of Real Estate 1 Exam With 100% Correct Answers
- Exam (elaborations) • 28 pages • 2024
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Principles of Real Estate 1 Exam With 100% 
Correct Answers 
Texas Real Estate Agent - answerA person who is licensed through TREC. 
Texas Real Estate Commission 
Does a person who manages, buys, sells, leases, or rents their own property have to be licensed 
through TREC? - answerNo. 
There are two types of licenses: - answerbroker's and salesperson's license 
What is the most popular division of the real estate market? - answerResidential real estate 
because there are more transactions in r...
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Principles of Real Estate Champions School of Real Estate 1 Exam with Correct Solutions 2024
- Exam (elaborations) • 129 pages • 2024
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Principles of Real Estate Champions School 
of Real Estate 1 Exam with Correct Solutions 
2024 
3 Physical Characteristics of Land - Answer -Indestructibility or durability 
Immobility 
Non homogeneity 
Mortgage Lending - Answer -business of providing money to individuals or corporations for the 
conditional transfer or pledge of real estate as security for payment of a debt 
RMLO - Answer -Residential Mortgage Lenders Originator 
Property Management - Answer -Management of residential and comme...
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Champions School of Real Estate-Principles of Real Estate I Exam with 100% correct solutions
- Exam (elaborations) • 14 pages • 2024
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Champions School of Real Estate-Principles 
of Real Estate I Exam with 100% correct 
solutions 
3 Physical Characteristics of Land - answerIndestructibility or durability 
Immobility 
Non homogeneity 
Mortgage Lending - answerbusiness of providing money to individuals or corporations for 
the conditional transfer or pledge of real estate as security for payment of a debt 
RMLO - answerResidential Mortgage Lenders Originator 
Property Management - answerManagement of residential and commercial pr...
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Texas Pre-License - Principals of Real Estate I (Aceable)With Complete Solutions!
- Exam (elaborations) • 12 pages • 2024
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commercial property - ANSWERSA real estate specialty. Commercial property includes: Office buildings, Retail Stores, gas stations 
 
Industrial property - ANSWERSIncludes commercial property used for: manufacturing, storage, distribution centers, research, warehousing 
 
Home inspector - ANSWERSA professional (that requires their own licensing) who performs a visual assessment of a property's physical condition for a buyer or seller. Prepares report of findings. 
 
Indestructibility - ANSWERS...
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Texas Pre-License - Principals of Real Estate I (Aceable) Questions and Answers(SCORED A+)
- Exam (elaborations) • 12 pages • 2024
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Home inspector - ANSWER-A professional (that requires their own licensing) who performs a visual assessment of a property's physical condition for a buyer or seller. Prepares report of findings. 
 
Indestructibility - ANSWER-(Physical durability) Land is permanent. It can not be destroyed. 
 
Fixity - ANSWER-Land can not be moved. Geographic characteristic. 
 
situs - ANSWER-Desirability of a location. Economic preference for a location. 
 
Real Estate Law basis - ANSWER-All RE law begins with ...
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Champions School Ch. 1 - Intro to Real Estate Questions and Answers(A+ Solution guide)
- Exam (elaborations) • 3 pages • 2024
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brokerage - the aspect of the real estate business that pertains to overseeing the needs of the 
parties and completing a transaction. 
RMLOs - Are also know as mortgage brokers 
NAR - The largest trade organization representing real estate professionals 
Value - A fair return or equivalent in goods, services, or money for something exchanged 
appraisal - the business of providing a professional opinion of the value of real property 
mortgage lending - business of providing money to individuals ...
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Texas Real Estate Exam STATE Portion Already Graded A
- Exam (elaborations) • 22 pages • 2023
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Texas Real Estate Exam STATE Portion Already Graded A How many members in TREC? 9: 3 general public, 6 brokers 
Who appoints, confirms TREC members? Governor appoints, senate approves 
How many members on the Broker-Lawyer Committee? 13: 6 brokers, 6 lawyers, 1 public member 
Who appoints Broker-Lawyer committee members? Brokers/TREC, Lawyers/Pres of State Bar, Public Member/Governor 
Where is the Real Estate Advisory Committee? Texas A & M 
Who is on the Real Estate Advisory Committee? 10 membe...
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TEXAS REAL ESTATE PREP State Test Chapter 2 Questions and Answers | Latest Update | 2024/2025 | Already Passed
- Exam (elaborations) • 11 pages • 2024
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TEXAS REAL ESTATE PREP State Test 
Chapter 2 Questions and Answers | 
Latest Update | 2024/2025 | Already 
 
Passed 
 
**Explain who is exempt from Texas Real Estate Licensing requirements.** 
 Exemptions from Texas Real Estate Licensing include licensed attorneys, court-appointed 
receivers, trustees, guardians, and sheriffs, administrators and executors of estates, on-site 
apartment managers, new home salespersons working exclusively for one builder or owner, 
cemetery lot salespersons, FSBO ...
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Champions School of Real Estate-Principles of Real Estate I Exam with 100% correct solutions
- Exam (elaborations) • 14 pages • 2024
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Champions School of Real Estate-Principles 
of Real Estate I Exam with 100% correct 
solutions 
3 Physical Characteristics of Land - answerIndestructibility or durability 
Immobility 
Non homogeneity 
Mortgage Lending - answerbusiness of providing money to individuals or corporations for 
the conditional transfer or pledge of real estate as security for payment of a debt 
RMLO - answerResidential Mortgage Lenders Originator 
Property Management - answerManagement of residential and commercial pr...
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Principles of Real Estate 1 Exam With 100% Correct Answers 2024
- Exam (elaborations) • 6 pages • 2024
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Principles of Real Estate 1 Exam With 100% 
Correct Answers 2024 
Most residential agents go into ________ real estate - answerresidential 
_______ members make a quorum for the ESAC Comittee - answerseven 
The two level of licensure are the ____________ license and the ________ license - 
answersalesperson , broker 
If you were interested in learning how to professionally value a property, you may want to 
consider becoming a(n) - answerappraiser 
Agents called ______ specialize in finding apar...
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