Aceable agent exam Study guides, Class notes & Summaries

Aceable Agent - Texas Real Estate 1 Practice Test Exam (2024 / 2025) Actual Questions with Verified Answers, 100% Guarantee Pass

Aceable Agent - Law of Contracts Latest Exam Questions With Correct Answers.

The Real Estate Law is found in A. The Licensing Code B. The Business and Professions Code C. The Health and Safety Code D. The Corporations Code - correct answer -B. Business and Professions Code The Real Estate Commissioner reports to a. the California Bureau of Real Estate. b. the governor. c. the Department of Housing and Urban Development. d. the legislature. - correct answer -B. the governor A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the bro...

Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023TOTAL = PART/PERCENTAGE PART = TOTAL x PERCENTAGE PERCENTAGE = PART/ TOTAL Formulas to calculate commission? PRINCIPAL What is the term that describes the money that is lent? CASH TO CLOSE Down payment minus earnest money? TOTAL SALES PRICE Loan payment + loan principal? ORIGINATION POINTS Loan points/fees charged 1% to compensate loan officers for underwriting and administering...

DEED - Answer The legal written document that conveys the intangible ownership rights (title) of a real estate property to another property. DEED OF TRUST - Answer A security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR - Answer A trustee is an individual person given control of property in trust with a legal obligation to administer it solely for...

Aceable Agent Exam

Promulgated Contracts- Aceable Agent Latest Exam

Aceable Agent Exam Questions with 100% Correct Answers Apartment Locators - answera real estate license holder who locates dwelling units for prospective tenants Tenant - answerone who possesses a property under a lease without ownership Broker - answersomeone who assists in buying and selling to receive a commission Client - answera person or company that buys or leases any product or service Land - answerthe surface of the earth, extending down to the center of the earth and up into sp...

Aceable Agent Exam Questions with 100% Correct Answers Apartment Locators - answera real estate license holder who locates dwelling units for prospective tenants Tenant - answerone who possesses a property under a lease without ownership Broker - answersomeone who assists in buying and selling to receive a commission Client - answera person or company that buys or leases any product or service Land - answerthe surface of the earth, extending down to the center of the earth and up into sp...