Champions stuvia 2024 - Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Champions stuvia 2024? On this page you'll find 27 study documents about Champions stuvia 2024.
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Champions Promulgated Contract Forms 2024 Practice Quiz with Complete Solutions
- Exam (elaborations) • 13 pages • 2024
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Champions Promulgated Contract Forms 2024 Practice Quiz with Complete SolutionsChampions Promulgated Contract Forms 2024 Practice Quiz with Complete SolutionsChampions Promulgated Contract Forms 2024 Practice Quiz with Complete SolutionsChampions Promulgated Contract Forms 2024 Practice Quiz with Complete Solutions 
 
The five essential elements that must exist for a real estate sales contract to be considered valid and enforceable are: legal purpose, competent parties, mutual assent, considerat...
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Law of Contracts - CHAMPIONS TEST 2024 WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 19 pages • 2024
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Law of Contracts - CHAMPIONS TEST 2024 WITH COMPLETE SOLUTIONSLaw of Contracts - CHAMPIONS TEST 2024 WITH COMPLETE SOLUTIONSLaw of Contracts - CHAMPIONS TEST 2024 WITH COMPLETE SOLUTIONSLaw of Contracts - CHAMPIONS TEST 2024 WITH COMPLETE SOLUTIONS 
The TREC residential contract forms are: - ANWER-Drafted by the Broker Lawyer Committee 
 
Wrongful or criminal deception intended to result in financial or personal gain is called: - ANWER-fraud 
 
Under the Deceptive Trade Practices Act, __________...
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Law of Contracts - CHAMPIONS TEST 2024 WITH COMPLETE SOLUTIONS.
- Exam (elaborations) • 19 pages • 2024
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The TREC residential contract forms are: - ANWER-Drafted by the Broker Lawyer Committee 
 
Wrongful or criminal deception intended to result in financial or personal gain is called: - ANWER-fraud 
 
Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. - ANWER-goods 
 
If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: - ANWER-Enter into a Seller's Temporary Residential Lease 
 
The Buyer and Seller Temp...
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Law of Agency Champions 2024 questions and answers
- Exam (elaborations) • 37 pages • 2024
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Law of Agency Champions 2024 questions and answers
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Champions - Real Estate Finance EXAM 2024 Questions & Answers 100% Correct!!
- Exam (elaborations) • 20 pages • 2024
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Loan Processing - ANSWERSThe process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision. 
 
Underwriting - ANSWERSThe process of evaluating a borrower's loan application to determine the risk involved for the lender. 
 
Funding - ANSWERSThe process of transferring funds to a title or escrow company for disbursement. 
 
Servicing - ANSWERSSending monthly payment statements and collecting monthly payments, maintaining paymen...
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Promulgated Forms - Champions 2024 Questions and Answers 100% Accurate
- Exam (elaborations) • 6 pages • 2024
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Promulgated Forms - Champions 2024 Questions and Answers 100% AccuratePromulgated Forms - Champions 2024 Questions and Answers 100% AccuratePromulgated Forms - Champions 2024 Questions and Answers 100% AccuratePromulgated Forms - Champions 2024 Questions and Answers 100% Accurate 
Void Contract -ANSWER-Invalid from the beginning and voidable contract is one that can't be enforced against one or more parties (minors are voidable at the option of the minor). 
 
Example of Void Contract -ANSWER-A ...
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Promulgated Forms - Champions 2024 Practice Quiz with Complete Solutions
- Exam (elaborations) • 6 pages • 2024
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Available in package deal
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Promulgated Forms - Champions 2024 Practice Quiz with Complete SolutionsPromulgated Forms - Champions 2024 Practice Quiz with Complete SolutionsPromulgated Forms - Champions 2024 Practice Quiz with Complete SolutionsPromulgated Forms - Champions 2024 Practice Quiz with Complete Solutions 
Void Contract - ANSWER-Invalid from the beginning and voidable contract is one that can't be enforced against one or more parties (minors are voidable at the option of the minor). 
 
Example of Void Contract -...
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Champions - Real Estate Finance EXAM 2024 Questions & Answers 100% Correct!
- Exam (elaborations) • 20 pages • 2024
- Available in package deal
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- $12.99
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Loan Processing - ANSWERSThe process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision. 
 
Underwriting - ANSWERSThe process of evaluating a borrower's loan application to determine the risk involved for the lender. 
 
Funding - ANSWERSThe process of transferring funds to a title or escrow company for disbursement. 
 
Servicing - ANSWERSSending monthly payment statements and collecting monthly payments, maintaining paymen...
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Promulgated Forms - Champions 2024 Questions and Answers 100% Accurate.
- Exam (elaborations) • 6 pages • 2024
- Available in package deal
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- $16.49
- + learn more
Void Contract -ANSWER-Invalid from the beginning and voidable contract is one that can't be enforced against one or more parties (minors are voidable at the option of the minor). 
 
Example of Void Contract -ANSWER-A contract between two parties to commit an illegal act is a void contract. 
 
Elements of a Valid Contract -ANSWER-COLIC 
Competent Parties 
Offer and Acceptance (mutual consent) 
Legal Purpose 
In Writing (when required by law) 
Consideration 
 
Earnest Money -ANSWER-Not a requirem...
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Champions Texas Principles of Real Estate 2 Chapter quizzes With Complete Solutions!!
- Exam (elaborations) • 9 pages • 2024
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The _____ lists all cash that came into and all expenses incurred by a property during the reporting period. 
a. Property management agreement 
b. Bank statement 
c. Cash flow report 
d. Leasing agreement - ANSWER c. Cash flow report 
 
(chapter 7) 
 
When a property is not well-maintained, the result is: 
a. Preventive maintenance 
b. Deferred maintenance 
c. Escalation clauses 
d. Assignment and sublet - ANSWER b. Deferred Maintenance 
 
(chapter 7) 
 
BOMA's major concern is advocacy on t...
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