Brokerage under dtpa Study guides, Class notes & Summaries

In a residential lease with a "right of first refusal" provision: - Answer- The tenant has the right to match or better any offer the landlord receives to prevent the property from being sold to someone else The four ECONOMIC characteristics of land are: - Answer- 1) Scarcity 2) Modification 3) Situs 4) Fixity GIVES LAND ITS VALUE The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - Answer- 90 days A contract that is said to lack...

Which of the following has the authority to suspend or revoke a Texas real estate license? - TREC Which of the following is an element of a listing agreement? - the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? - salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the broker the TAR buyer representation agreement in or t...

SAE Brokerage Texas Question and answers correctly solved Good - correct answer Under the DTPA, a home for sale is considered a ___________. If the broker has an established business relationship with the person on the Do-Not-Call Registry within the last 18 months - correct answer Under what circumstance may an agent call a person who is on the Do-Not-Call Registry? Statute of Frauds - correct answer Which body of law requires certain contracts to be in writing in order to be enfor...

SAE Brokerage Texas Questions and Answers 100% Accurate 2024 Good Under the DTPA, a home for sale is considered a ___________. If the broker has an established business relationship with the person on the Do-Not-Call Registry within the last 18 months Under what circumstance may an agent call a person who is on the Do-Not-Call Registry? Statute of Frauds Which body of law requires certain contracts to be in writing in order to be enforceable? 3 According to the text, ho...

Exam: Law of Agency – Champions Questions and Answers 100% Pass Which of the following has the authority to suspend or revoke a Texas real estate license? TREC Which of the following is an element of a listing agreement? the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by ...

LAW OF CONTRACT CHAMPIONS WITH QUESTION AND CORRECT ANSWERS // DOWNLOAD AND PASS In a residential lease with a "right of first refusal" provision: - ANSWERS The tenant has the right to match or better any offer the landlord receives to prevent the property from being sold to someone else The four ECONOMIC characteristics of land are: - ANSWERS 1) Scarcity 2) Modification 3) Situs 4) Fixity GIVES LAND ITS VALUE The Buyer and Seller Temporary Residential Lease forms may be used for ...

_____ is the form that licensees are most likely to work with the most frequently. - One to Four Family Residential Contract (Resale) "Psychological stigmas," which involve violent or catastrophic events on a property, fall under which category of disclosure? - Permitted disclosures "psychological stigmas," which involve violent or catastrophic events on a property, fall under which category of disclosure? - Permitted disclosutes "subdivision information" means which of the following...

Real Estate Exam: Law of Agency Questions and Answers Already Passed This person hires an agent The Principal The agent works on behalf of this person the client (principal) This type of agency allows for the greatest range of authority Universal This is provided to the agent when there is written documentation that the agency relationship exists. Express authority This is the most limited of all the agency relationships Special agency This type of agency is created when a 3rd party believe...

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SAE Brokerage Texas Questions and Answers | Latest Update | 2024/2025 | Already Passed 1. **Under the DTPA, what is a home for sale considered?** A good. 2. **When can an agent call a person on the Do-Not-Call Registry?** An agent can call if there's been an established business relationship with the person within the last 18 months. 3. **Which legal principle requires certain contracts to be in writing to be enforceable?** Contracts must adhere to the Statute of Frauds. 4. ...