Texas state real estate Study guides, Class notes & Summaries

Texas Real Estate Exam STATE portion Questions And Answers.

TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE. Which of the following is not a characteristic of value of land? (type out the answer) -Demand -Utility -Scarcity -Taxes -Transferability? taxes  How do you calculate Tax? tax rate x assessed value  form of ownership used by married couples who do not live in a state with community property-has downer and curtesy rights? Tenancy by entirety  two or more people acquire property but ownership is not equal? Tenants in common ...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

TEXAS State Real Estate Exam Prep (Champions School of Real estate Chapters 1-6)

TEXAS State Real Estate Exam Prep (Champions School of Real estate Chapters 1-6)

Texas SAE Real Estate Brokerage Study Guide Challenge with Solutions/ . Terms like: Which of the following acts protects Texas consumers against real estate licensees who use false, misleading, or deceptive actions or practices in the advertising, offering for sale, selling, or leasing of personal property or real property? - Answer: DTPA

Texas State Real Estate License Exam Questions and Answers 100% CorrectTexas State Real Estate License Exam Questions and Answers 100% CorrectTexas State Real Estate License Exam Questions and Answers 100% CorrectTexas State Real Estate License Exam Questions and Answers 100% CorrectBy what date must the current year's real estate taxes be paid in order to avoid a penalty and interest on the taxes? - ANSWER - By January 31st of the next year Arthur was a Texas licensed Real Estate Sales ...

Texas SAE Real Estate Brokerage Study Guide Challenge with Solutions/ . Terms like: Which of the following acts protects Texas consumers against real estate licensees who use false, misleading, or deceptive actions or practices in the advertising, offering for sale, selling, or leasing of personal property or real property? - Answer: DTPA

TREC was created in _________ to administer the provisions of the license act which passed in _______. - answer-1949, 1939 Trec has the authority to make _________ and __________. - answer-Rules, regulations TREC consists of how many members? - answer-Nine members - six licensed brokers and 3 members of the public. All are appointed by governor and approved by senate The broker lawyer committee - answer-writes the promulgated contract forms. The broker lawyer committee consists of: -...

Texas State Real Estate License Exam 2023-2024 Questions and Answers (100% Correct)Texas State Real Estate License Exam 2023-2024 Questions and Answers (100% Correct)Texas State Real Estate License Exam 2023-2024 Questions and Answers (100% Correct)Texas State Real Estate License Exam 2023-2024 Questions and Answers (100% Correct)By what date must the current year's real estate taxes be paid in order to avoid a penalty and interest on the taxes? - ANSWER - By January 31st of the next year Ar...