Champions school of real Study guides, Class notes & Summaries

Residential Inspection for Real Estate Agents - Champions School of Real Estate Exam Questions With Complete Solutions.

A market for the purchase and sale of existing mortgages designed to provide greater liquidity for selling mortgages is called the ________. secondary market The Federal agency established to restore Fannie Mae and Freddie Mac to a sound and solvent financial condition is _____. Federal Housing Finance Agency (FHFA) The ____ guarantee allows mortgage lenders to obtain a better price for their loan in the capital markets. Gov't. National Mortgage Association - Ginnie Mae ...

Texas Principles Practice Exam 1 Questions & Answers - Champions School of Real Estate.

Champions School of Real Estate - Real Estate Finance Exam/97 Q’s and A’s

TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS WITH ANSWERS - CHAMPIONS SCHOOL OF REAL ESTATE.VERIFIED 1. a: Townhomes and single-family homes differ in that ______a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not own the land because of (d) townhomes are retro-commissioned and share 2. a: Rights that are associated with the ownership of real property are often referred to as the owner's: (a) Bundle of rights (...

Texas Principles of Real Estate 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate. Townhomes and single-family homes differ in that ______a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not own the land because of (d) townhomes are retro-commissioned and share 2. a: Rights that are associated with the ownership of real property are often referred to as the owner's: (a) Bundle...

Law of Agency - Champions School of Real Estate Questions and Answers

Deficiency A ________, in the reasonable judgment of the inspector, is a condition that adversely and materially affects the performance of a system, or component. Inspection Process of examining accessible items, and reporting their condition RESPA Prohibits abusive practices like undisclosed referral fees and kickbacks. Designed to help consumers become more knowledgeable of settlement services costs. Departure Provision The inspector may not inspect an item if the ...

Champions School of Real Estate Finance Exam/73 Questions with Verified solutions

Promulgated Contract Forms - Champions School Of Real Estate Latest Test Mutual consent a "meeting of the minds" Unilateral Contract A contract in which only one party Is obligated to perform. one sided Consideration something given in exchange for a promise Option an agreement between a buyer and seller giving the buyer the right to purchase a property at a preset price for a given period of time Unenforceable Contract a contract that cannot be enforced due to some flaw or other issu...