Texas principles of real Study guides, Class notes & Summaries
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![Texas Principles of Real Estate 1 (2024 / 2025) Exam | Questions and Verified Answers | Grade A](/docpics/5287463/66423b3add909_5287463_121_171.jpeg)
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Questions and Verified Answers | Grade A
- Exam (elaborations) • 55 pages • 2024
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Questions and Verified Answers | Grade A Q: Under subchapter E of TRELA the commission has a responsibility to make information available about the commission and its duties in the interest in: Answer: The general public Q: In a real estate transactions who may a licensee represent? Answer: A client Q: What type of real estate market occurs when both supply and demand are low? Answer: Stagnant Market Q: Assume you are a licensee in Texas who...
![Texas Principles of Real Estate II (2024 / 2025) Exam | Questions and Verified Answers | 100% Correct](/docpics/5287530/66423cc89bf1c_5287530_121_171.jpeg)
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Texas Principles of Real Estate II (2024 / 2025) Exam | Questions and Verified Answers | 100% Correct
- Exam (elaborations) • 65 pages • 2024
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Texas Principles of Real Estate II (2024 / 2025) Exam | Questions and Verified Answers | 100% Correct Q: According to value a. Police power b. Ad valorem c. Taxation d. Escheat e. Condemnation Answer: B Q: The government retains the following rights in lands, EXCEPT: a. Eminent domain b. Allodial c. Police Power d. Taxation Answer: B Q: If a landowner sues the government in order to force it to buy his or her land, this is called: a. Reverse condemnation b. Forward condemnation c. Inverse condem...
![Texas Principles of Real Estate 1 Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update](/docpics/5287435/66423ac1319e7_5287435_121_171.jpeg)
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Texas Principles of Real Estate 1 Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update
- Exam (elaborations) • 49 pages • 2024
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Texas Principles of Real Estate 1 Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update Q: An insurance policy protecting against a variety of hazards is referred to as a...? Homestead Policy Individual Policy Homeowners Policy Package Policy Answer: Homeowners Policy Q: Which of the following is an advantage to owning a home...? Tax benefits Pride of ownership Potential for asset appreciation All of the above Answer: All of the Above Q: An individual is exempt from paying t...
![Texas Principles of Real Estate II Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update](/docpics/5287557/66423d8750981_5287557_121_171.jpeg)
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Texas Principles of Real Estate II Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update
- Exam (elaborations) • 149 pages • 2024
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Texas Principles of Real Estate II Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update Q: a lease for one year or less Answer: the only contract that does not have to be in writing to be enforceable Q: Attorney in Fact Answer: a person holding a power of attorney Q: substitution of a contract with another contract ie. counteroffer Answer: Novation Q: when one party fails to perform the duties of the contract-they can be asked by judge to partially perform or substatially p...
![TX-Brokerage (SAE) Questions with correct Answers 2024](/docpics/4880059/66091ea69a20c_4880059_121_171.jpeg)
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TX-Brokerage (SAE) Questions with correct Answers 2024
- Exam (elaborations) • 54 pages • 2024
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TX-Brokerage (SAE) Questions with correct Answers 2024 
The _____ is required to ascertain that Brokers are aware of all of their responsibilities. 
Texas Real Estate Commission 
 
 
 
The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of a broker's responsibilities and obligations under 22 TAC §535.2. 
Broker Responsibility MCE 
 
 
 
Who Must Ta...
![Texas Principles of Real Estate 1 (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct](/docpics/5287503/66423c684b4f2_5287503_121_171.jpeg)
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct
- Exam (elaborations) • 35 pages • 2024
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct Q: curtsey rights Answer: right a husband has to his wifes estate upon her death Q: fee simple defeasable Answer: a gift of land by a person or GRANTOR Q: Life Estate Answer: an estate in land for the duration of someones life (always a gift of land/ real estate) Q: Homestead Answer: Texas is a Homestead State. The property that you own and live in. It is a constitutional right that ca...
![Texas Principles of Real Estate II (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct](/docpics/5287576/66423e006dfaf_5287576_121_171.jpeg)
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Texas Principles of Real Estate II (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct
- Exam (elaborations) • 67 pages • 2024
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Texas Principles of Real Estate II (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct Q: Principle of Contribution? Answer: A component part of a property is valued in proportion to its contribution to the value of the whole. Holds that maximum values are achieved when the improvements on a site produce the highest (net) return, commensurate with the investment. Q: Principle of Competition? Answer: Holds that profits tend to breed competition and excess profits tend to...
![Texas Principles of Real Estate II Exam | Complete with Questions and Verified Answers | Grade A+ | 2024 / 2025 Newly Updated](/docpics/5287597/66423e94d7ebf_5287597_121_171.jpeg)
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Texas Principles of Real Estate II Exam | Complete with Questions and Verified Answers | Grade A+ | 2024 / 2025 Newly Updated
- Exam (elaborations) • 120 pages • 2024
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Texas Principles of Real Estate II Exam | Complete with Questions and Verified Answers | Grade A+ | 2024 / 2025 Newly Updated Q: Tim and Sue have the smallest home in a sought-after neighborhood. The value of their home is increased because of the higher value of the other homes in the neighborhood. This is an example of what principle? Answer: progression Q: What aspects of a property site should a licensee consider when collecting information about a seller's property for analysis? Answer: Sh...
![Texas Principles of Real Estate Express Exam ( ANSWERED )](/docpics/3606415/65279cfd8b2f1_3606415_121_171.jpeg)
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Texas Principles of Real Estate Express Exam ( ANSWERED )
- Exam (elaborations) • 25 pages • 2023
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Texas Principles of Real Estate Express Exam ( ANSWERED ) 
What kind of professionals manage the legal aspects of a development project? - ANS Real Estate attorneys, title companies, surveyors, property insurance companies and government regulatory officials 
 
What types of professionals are involved in the transfer of rights and interest in Real Estate? - ANS Titles companies, Real Estate Brokers/ Sales Persons, Mortgage Brokers, Mortgage Bankers, Appraisers, Insurers 
 
Property is classi...
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