Texas home inspection Study guides, Class notes & Summaries

Texas Promulgated Contracts Champions Exam Questions With Answers | Latest Update (Graded 2023/2024). According to the TREC contract, accessories include: (a) Refrigerators (b) Stoves (c) Washing machines (d) Gas dryers A Exclusions to the sale must be removed (a) Prior to delivery of possession (b) At the convenience of the seller (c) When the offer becomes a binding contract (d) Two days prior to closing A The loan amount in Paragraph 3.B. of the sales contract includes: (a) The a...

Texas State Exam Questions and Answers (Certified Solutions) By what date must the current year's real estate taxes be paid in order to avoid a penalty and interest on the taxes? By January 31st of the next year Arthur was a Texas licensed Real Estate Sales agent for a long time. He then chose to become inactive and TREC has been holding his license in inactive status. He now wants to activate the license. What does he need to do? Apply through a broker, pay $200 and take an 18-hour continuin...

WebCE (General Insurance & Life Insurance) Exam Questions and Answers | Latest Updated 2023/2024 (Graded). An insurance producer tells a life insurance applicant that he has the authority to waive the medical exam that is normally required by the insurer with every application. The insurer may be required to accept the application without a medical exam due to the producer's: implied authority express authority apparent authority imputed authority - apparent authority All of the followin...

Principles of Real Estate #1 Questions 2024. Texas Real Estate Agent - ANSWER A person who is licensed through TREC. Texas Real Estate Commission Does a person who manages, buys, sells, leases, or rents their own property have to be licensed through TREC? - ANSWER No. There are two types of licenses: - ANSWER broker's and salesperson's license What is the most popular division of the real estate market? - ANSWER Residential real estate because there are more transactions in residen...

If you saw an irregularly painted wall, would you report this? - Answer-No, this is cosmetic and is related only to appearance and NOT structural performance. Name the term: A condition that adversely and materially affects the performance of a system or component or constitutes a hazard to life, limb, or property. - Answer-Deficiency Name the term: To look at and examine accessible items, parts, systems, or componenets and report observed deficiencies. - Answer-Inspect The achievement of ...

Residential Inspection for Real Estate Agents - Champions School of Real Estate Questions and Correct Answers 2024 Deficiency - Answer -A ________, in the reasonable judgment of the inspector, is a condition that adversely and materially affects the performance of a system, or component. Inspection - Answer -Process of examining accessible items, and reporting their condition RESPA - Answer -Prohibits abusive practices like undisclosed referral fees and kickbacks. Designed to help consu...

SAE- Residential Inspection Questions and Answers | Latest Update | 2024/2025 | Already Passed **What does marketing primarily involve?** (a) Determining buyer qualifications through a licensed loan officer (b) Instilling confidence in a seller **(c) Matching human needs with goods or services** (d) Estimating property values in the current market **What does the "D" stand for in AIDA?** (a) Distance (b) Delight **(c) Desire** (d) Debit **Which element is missing from th...

Basic Code Enforcement TEEX & TDLR Exam Questions And Answers (Verified And Updated) What is the State of Texas definition of code enforcement? A) The ability to arrest anyone at anytime B) The ability to write ordinances, inspect property, issue citations, and arrest violators C) The enforcement of the federal code D) The inspection, improvement and rehabilitation of environmental hazards in public and private premises by determining the presence of fire or health hazards, nuisance viol...

WebCE General Insurance & Life Insurance Exam Questions and Answers Rated A+ Updated 2023/2024. Buying life or health insurance is an example of which risk management technique? risk avoidance risk reduction risk retention risk transfer - risk transfer What is the mathematical concept of probability that helps insurers estimate the statistical likelihood of mortality or morbidity losses at any given age? law of large numbers underwriting principle law of probability actuarial principle...