Texas real e - Study guides, Class notes & Summaries

Texas Real Estate Brokerage SAE Final Exam-with 100% verified solutions-

Aceable Agent Texas Real Estate Principles I Question and answer 100% correct 2023Broker's Price Opinion (BPO) A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property Closing The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount Comparative Market Analysis (CMA) A report comparing the prices of sold homes tha...

1. includes all that is encompassed in land, with theaddition of all improvements. a. Land b. Real property c. Real Estate d. Personal property Answer: C. Real Estate 2. Any man-made addition to the land that is permanent, and is consideredto become part of the land, is known as a(n) _________. a. Surface rights b. Improvements c. Fixture d. Personal Property Answer: B. Improvement 3. Another name for personal property is . a. Furniture b. Fixture c. Subsurface rights d. Person...

Courses for the renewal of an active real estate broker or sales agent license are called (Ans- continuing education (CE) What is the maximum amount that the Commission will pay from the real estate recovery trust account for claims against any one license holder, until the account has been repaid in full by the license holder? (Ans- $100,000 Which is owned by the tenant? (Ans- a trade fixture Which of the following terms refers not only to the surface of the earth but also below ...

TEXAS NURSING JURISPRUDENCE AND ETHICS FOR TEXAS NURSES REAL EXAM 2023/2024 LATEST VERSION 100 QUESTIONS AND CORRECT ANSWERS|GUARANTEED PASS A BON investigator in the enforcement division collected evidence that supports the BON's formal charges against a nurse regarding violations of the NPA and board rules. Attempts to notify the nurse via standard and certified mail at the nurse's last address of record have been returned to the BON office as being "undeliverable or not at this address...

Why do lenders collect reserve funds at the property closing? A) To get a higher yield in their investment B) To be sure money will be available for tax and insurance purposes C) To have extra money that will accrue interest D) To hedge against increases in taxes or insurance premiums - Answer- B) To be sure money will be available for tax and insurance payments The cost recovery period for land improvements is how long? A) 15 years B) 25 years C) 27.5 years D) 30 years - Answer- A)...

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TEXAS DRIVERS HANDBOOK EXAM QUESTIONS ACCURATE QUESTIONS AND ANSWERS REAL EXAM 2023/2024 UPDATED| LATEST UPDATE