Champions real - Study guides, Class notes & Summaries

Champions Real Estate Exam Law of Agency solution A+ GUARANTED This person hires an agent - CORRECT ANS - The Principal The agent works on behalf of this person - CORRECT ANS - the client (principal) This type of agency allows for the greatest range of authority - CORRECT ANS - Universal This is provided to the agent when there is written documentation that the agency relationship exists. - CORRECT ANS - Express authority This is the most limited of all the agency relationships...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

In ______ the Texas Real Estate Commission was established to administer and enforce the TRELA. - 1949 TREC has only _______ promulgated lease forms. - 2 In the TAR® Seller's Disclosure the seller should _______. a. prepare the disclosure when the listing is taken b. be the only one completing this form or any part of it c. none of the above d. both a and b - d. both a and b The _______ statute provides that the sender's message must contain clear and conspicuous notice that the mess...

Well-structured RFP2601 Assignment 2 (ANSWERS) 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). QUESTION 1: (30) 1.1 Explain why reading is so important in the foundation phase. (5) 1.2 Rule and Land (2017:2) state that “most South African children do not learn to read well.” Justify the reason for their statement. (5) 1.3 Explain what you understand by ‘invented writing’ and why children use invented writing. (5) 1.4 By establishing print-rich classrooms,...

Champions Real Estate Marketing SAE| 122 questions with verified correct answers

TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| VERIFIED & UPDATED | 2024 • The law requiring real estate contracts to be in writing is called the...? statue of frauds • Statute of Frauds: law that requires some documents (deeds included) to be in writing and signed in order to be enforceable by law • Illegal practice of directing home seekers to a particular neighborhood based on fair housing protected classes? Steering • Taking ...

Champions Real Estate Finance (Exam Review)Rated 100% Correct!!

RFP2601 Assignment 2 (COMPLETE ANSWERS) 2024 - DUE 1 July 2024 ; 100% TRUSTED workings, explanations and solutions. for assistance Whats-App 0.6.7..1.7.1..1.7.3.9 ............. QUESTION 1: (30) 1.1 Explain why reading is so important in the foundation phase. (5) 1.2 Rule and Land (2017:2) state that “most South African children do not learn to read well.” Justify the reason for their statement. (5) 1.3 Explain what you understand by ‘invented writing’ and why children use invented wri...

Champions Real Estate Finance graded A+ already passed 2023Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers ...

Champions Real Estate Finance Final Exam With Correct Answers 2024 Loan-to-Value Ratio (LTV) -CORRECT ANSWER-The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage -CORRECT ANSWER-Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage -CORRECT ANSWER...