Tenacy - Study guides, Class notes & Summaries
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Champion School of Real Estate-Law of Contracts Exam 2023.
- Exam (elaborations) • 16 pages • 2023
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Champion School of Real Estate-Law of Contracts Exam 2023. 
Texas Real Estate Commission - ANSWER TREC-created by the Legislature in 1949. 
9 member commission whose primary purpose is to carry out the provision of the 
License Act 
Real Estate Recovery Trust Account - ANSWER administered by TREC. the purpose 
of the account is to protect aggrieved individuals who suffer monetary loss due to illegal 
acts of license holders 
unlawful practice of law - ANSWER license holder is not qualified to a...
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Real Estate Appraisal Principles With Complete Solutions.
- Exam (elaborations) • 17 pages • 2022
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USPAP 
Uniform Standards of Professional Appraisal Practice 
recognized as the Industry standard in 1989 by FIRREA (Financial Institutions Reform, Recovery, and Enforcement Act) 
 
 
 
Competency Rule 
If not competent in property type hired to appraise, you must disclose that or turn it down. If another appraiser helps you, you must report that and who it was. 
 
 
 
Scope of Work 
how much and what kind of work needed... type of data to be searched in order to reach conclusions 
 
 
 
Chapter ...
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Champion School of Real Estate-Law of Contracts 100% Solved
- Exam (elaborations) • 11 pages • 2023
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- $11.89
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Texas Real Estate Commission - ANSWER TREC-created by the Legislature in 1949. 9 member commission whose primary purpose is to carry out the provision of the License Act 
 
Real Estate Recovery Trust Account - ANSWER administered by TREC. the purpose of the account is to protect aggrieved individuals who suffer monetary loss due to illegal acts of license holders 
 
unlawful practice of law - ANSWER license holder is not qualified to add provisions to contracts that go beyond factual business de...
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Ca DRE (Actual) Exam Graded A+
- Exam (elaborations) • 10 pages • 2023
- Available in package deal
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The term "property" refers to - ANSWER-The rights or interests in the thing owed 
 
Which of the following is considered real property? - ANSWER-Airspace above the land 
 
Which of the following is considered personal property? - ANSWER-Leasehold estate 
 
which of the following is considered personal property - ANSWER-emblements 
 
The highest quality and quantity of ownership in real property is: - ANSWER-fee simple 
 
Which test is not a general test of a fixture - ANSWER-Time of attachemen...
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Ca DRE Exam Questions with 100% correct Answers
- Exam (elaborations) • 10 pages • 2023
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Available in package deal
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- $9.99
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The term "property" refers to - ANSWER-The rights or interests in the thing owed 
 
Which of the following is considered real property? - ANSWER-Airspace above the land 
 
Which of the following is considered personal property? - ANSWER-Leasehold estate 
 
which of the following is considered personal property - ANSWER-emblements 
 
The highest quality and quantity of ownership in real property is: - ANSWER-fee simple 
 
Which test is not a general test of a fixture - ANSWER-Time of attachemen...
And that's how you make extra money
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Real Estate Appraisal Principles 2023
- Exam (elaborations) • 24 pages • 2023
-
- $13.99
- + learn more
USPAP 
Uniform Standards of Professional Appraisal Practice 
recognized as the Industry standard in 1989 by FIRREA (Financial Institutions Reform, Recovery, and Enforcement Act) 
 
 
 
Competency Rule 
If not competent in property type hired to appraise, you must disclose that or turn it down. If another appraiser helps you, you must report that and who it was. 
 
 
 
Scope of Work 
how much and what kind of work needed... type of data to be searched in order to reach conclusions 
 
 
 
Chapter ...
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