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Aceable Agent Principles of Real Estate 1 Exam (2024 / 2025) Actual Questions with Verified Answers, 100% Guarantee Pass

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...

Principles of Real Estate 1 Texas Aceable Questions and Answers 100% Pass Apartment Locators - A real estate license holder who locates dwellings for perspective tenants tenant - One who possesses a propert under a lease without ownership avulsion - the sudden loss of land by flood or when a stream or river changes course client - The person that an agent is representing, made official through a representation document Sales agent apprentice education SAE - an educational requirement for...

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Aceable principles 1 Exam Questions and Answers 100% Pass Life Estates - level 13 chp 2 The Four Main Types of Estates - Freehold Estates Leasehold Estates Equitable Estates Concurrent Estates Freehold Estates - Three Types of Freehold Estates Okay, so now you know what a freehold estate is. Let's break it down further into three categories: Fee simple absolute estate Defeasible fee estate (also called qualified fee or fee simple defeasible) Life Estate Fee Simple Estate/Fee Simp...

Aceable Principles 1 combined, Exams Questions and Answers 100% Pass BPO - broker's price opinion. process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property. Reasons for a BPO. 1. The people in the home have asked to refinance the home and the lender does not want to pay for a full appraisal, but they do want to have some assurance that the home is valued at or above what the loan will be. 2. The people in the house are ...

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