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Champions School of Real Estate Bundled Exams Questions and Answers Multiple Versions Latest Updates (2024/2025) (Complete, Accurate, and Verified) $50.49   Add to cart

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Champions School of Real Estate Bundled Exams Questions and Answers Multiple Versions Latest Updates (2024/2025) (Complete, Accurate, and Verified)

Champions School of Real Estate Bundled Exams Questions and Answers Multiple Versions Latest Updates (2024/2025) (Complete, Accurate, and Verified)

40 items

Real Estate Marketing: Commercial Real Estate (SAE), Champions Commercial Real Estate- SAE 100% Correct

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Real Estate Marketing: Commercial Real Estate (SAE), Champions Commercial Real Estate- SAE 100% Correct General Lien (also Statatory) attaches to all the property of the debtor, not exempt from forced sale (Example: a judgment or IRS lien) Diplomacy the ability to handle clients and situations ...

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Principles of real estate II (Champions) Latest 2024 Already Passed

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Principles of real estate II (Champions) Latest 2024 Already Passed Functional obsolescence Refers to the loss in desirability of the style, layout or function of an element of a property over time Sales comparison best indicator of value for existing properties highest and best use the...

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REAL ESTATE INVESTMENT STUDY GUIDE CHAMPIONS 100% CORRECT

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REAL ESTATE INVESTMENT STUDY GUIDE CHAMPIONS 100% CORRECT Income Rental income is among the primary catalysts for real estate investment. It is the dollar return on an investment (profit or loss) is its income. An appraisal method estimating property value as the property's new operating in...

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Law of Contracts - Champions School of Real Estate Latest Version Graded A+

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Law of Contracts - Champions School of Real Estate Latest Version Graded A+ TERLA - Texas Real Estate License Act - Created in 1939 TREC - Texas Real Estate Commission - Created in 1949 to administer/enforce TERLA Real Estate Center - Located at Texas A&M University - Created in 1...

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Champions Commercial Real Estate- SAE Latest Update Graded A+

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Champions Commercial Real Estate- SAE Latest Update Graded A+ Buffer Zone an area of land separating one land use from another Variance permission to violate the rules Police Power the right of the government to regulate and control the way land is used Downsizing Changing the zoning of...

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Champions School Principles of Real Estate II Latest Update Graded A+

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Champions School Principles of Real Estate II Latest Update Graded A+ Appraisal An Appraiser's opinion of value Principle of conformity Suggests that value is maximized when there is reasonable degree of homogeneity, or sameness, in a neighborhood USPAP Uniform Standards of Professional ...

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National Real Estate Exam Prep Chapter 7 (Champions School of Real estate) Rated A+

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National Real Estate Exam Prep Chapter 7 (Champions School of Real estate) Rated A+ Conventional loan a loan that is neither federally insured nor guaranteed Non-conventional loan mortgage loans through three agencies: The federal housing Admin. The US dept of Veteran Affairs US Dep. of...

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Champions BROKERAGE SAE - CH 1 Latest Version 100% Correct

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Champions BROKERAGE SAE - CH 1 Latest Version 100% Correct CoStar Commercial real estate website similar to a residential MLS Augmented Reality Enhances the user's current perception and experience of reality Artificial Intelligence intelligence exhibited by machines Analytics Collect ...

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Champions School of Real Estate- Principles of Real Estate II Already Passed

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Champions School of Real Estate- Principles of Real Estate II Already Passed Appraisal an appraiser's opinion of value, used to determine market value property to secure the loan Loan to Value Ratio Percentage of value or sales price that a lender is willing to finance Desk Review an ...

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Principles 1 Real Estate Champion School Questions and Answers Already Passed

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Principles 1 Real Estate Champion School Questions and Answers Already Passed What are the 4 economic Characteristics of land 1,Scarcity, 2, Modification, 3,Fixity 4, Situs Scarcity Supply and demand, When there is shortage of something that and individual wants the price goes up. Situ...

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Champions - Principles of Real Estate 1 - Chapter 1: Introduction to Real Estate Latest Update Already Graded A

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Champions - Principles of Real Estate 1 - Chapter 1: Introduction to Real Estate Latest Update Already Graded A Brokerage overseeing the needs of the parties to a real estate transaction and seeing it to its completion Property Management management of residential and commercial properties ...

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Principles of Real Estate 1- Champions Quiz Latest Update Graded A+

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Principles of Real Estate 1- Champions Quiz Latest Update Graded A+ Contracts with a person who lacks mental capacity can be either void or voidable Community property is a concept of Spanish law, and marriage is regarded as a partnership. Intermediary Without Appointments. an agent will...

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Champions Real Estate Principles of Real Estate 1 in 2024 Already Graded A

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Champions Real Estate Principles of Real Estate 1 in 2024 Already Graded A brokerage A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships Real Estate Development Involves the acquisition of land for deve...

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Real Estate Investments / Champions Questions and Answers Already Passed

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Real Estate Investments / Champions Questions and Answers Already Passed if you are holding undeveloped land, your goal as an investment is: appreciation land is referred to as _____ because it can be seen touched tangible Formaldehyde gas is: Colorless Local governments can use which o...

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Law of Agency – Champions Exam Questions and Answers 100% Solved

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Law of Agency – Champions Exam Questions and Answers 100% Solved Which of the following has the authority to suspend or revoke a Texas real estate license? TREC Which of the following is an element of a listing agreement? the agreement to pay a stated commission, usually a percentage of t...

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Champions School of Real Estate Exam Prep National Chapter 1 & 2 Latest Update 100% Pass

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Champions School of Real Estate Exam Prep National Chapter 1 & 2 Latest Update 100% Pass Rights, privileges or improvements that belong to and pass with land. Appurtenance Man made additions to the land such as buildings and landscaping. Also known as free standing Improvements Right o...

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Champions Principles of Real Estate 2 Latest Version Graded A+

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Champions Principles of Real Estate 2 Latest Version Graded A+ appraisal value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) The percentage of value or sales price that a lender is willing to finance. limited appraisal rep...

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Champions Real Estate Finance Latest Version Graded A+

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Champions Real Estate Finance Latest Version Graded A+ Loan-to-Value Ratio (LTV) 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 ...

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Law of Contracts - CHAMPIONS TEST Questions and Answers Already Passed

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Law of Contracts - CHAMPIONS TEST Questions and Answers Already Passed Wrongful or criminal deception intended to result in financial or personal gain is called: fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: 90 days __________ ...

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Champions School of Real Estate Law of Agency – Questions and Answers Already Passed

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Champions School of Real Estate Law of Agency – Questions and Answers Already Passed The principal is also known as client fiduciary relationship a relationship founded on trust and confidence Agency Relationship Exists when one person (the agent) acts for, or on behalf of another pe...

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Champions Real Estate - Principles 1 Exam 2024 Already Passed

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Champions Real Estate - Principles 1 Exam 2024 Already Passed brokerage the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction; a brokerage transaction may or may not involve agency relationships The role of a property mana...

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Champions Real Estate Marketing SAE Questions and Answers Already Passed

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Champions Real Estate Marketing SAE Questions and Answers Already Passed Most common reason a property fails to sell is price Matching human needs with goods or services to meet those needs is the process of marketing _____________________ is a key personality trait of a successful agent ...

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Real Estate Finance I-CHAMPIONS Latest Update 100% Pass

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Real Estate Finance I-CHAMPIONS Latest Update 100% Pass The minimum downpayment on a VA loan is: (a) 2% of the sales price (b) 0% of the sales price (c) 3.75% of the sales price (d) 1% of the sales price B _________ is the process of creating a new mortgage loan. (a) Originat...

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Champions School Ch. 1 - Intro to Real Estate Latest Version Graded A+

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Champions School Ch. 1 - Intro to Real Estate Latest Version Graded A+ brokerage the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. RMLOs Are also know as mortgage brokers NAR The largest trade organization representin...

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Champions Exam Prep: State Questions with Verified Answers

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Champions Exam Prep: State Questions with Verified Answers TREC has received an application for a Texas Real Estate Sales License from Mary. Mary has completed all her educational requirements, and passed the state exam. At this point TREC will begin the background check. What is FALSE?...

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Champions School of Real Estate - Exam Prep Latest Update 100% Pass

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Champions School of Real Estate - Exam Prep Latest Update 100% Pass Buyer Representation Agreement An employment contract obligating a broker to act as a fiduciary to a buyer Implied Agency Agency as a result of customary, usual or typical conditions Broker A properly licensed party who s...

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Real Estate Exam Prep (Champions; Texas) Latest Update Graded A+

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Real Estate Exam Prep (Champions; Texas) Latest Update Graded A+ appurtenance term used to describe rights, privileges or improvements that belong to and pass with the land improvements man's additions to the land such as building and landscaping personal property also called chattel or ...

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Principles of Real Estate 1- Champions School of Real Estate Questions and Answers Already Passed

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Principles of Real Estate 1- Champions School of Real Estate Questions and Answers Already Passed a freeway has made commuting to a distant suburban neighborhood easier, resulting in an increase in new home sales. This increase in sales is an example of the economic characteristic of A.) s...

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Champions Principles of Real Estate 1 Questions with Complete Solutions

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Champions Principles of Real Estate 1 Questions with Complete Solutions Brokerage is the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. a. True b. False a. True Property managers are generally responsible for the __...

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Champions School of Real Estate - Real Estate Finance Latest Update Rated A+

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Champions School of Real Estate - Real Estate Finance Latest Update Rated A+ A loan unable to be sold to Fannie Mae or Freddie Mac (i.e. A sub-prime loan) Non- Conforming Loan VA Veteran's administration - assists veterans in the purchase of housing by guaranteeing loans) Seller's equi...

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Champions Powerhouse Training SAE Questions and Answers Already Passed

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Champions Powerhouse Training SAE Questions and Answers Already Passed An area of neighborhoods or subdivisons that is serviced by your firm. Geographic Farm A plan by which you develop to gain name recognition Marketing Plan Becoming different in your approach through growth and develo...

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Champions - Principles of Real Estate 1 Latest Version Graded A+

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Champions - Principles of Real Estate 1 Latest Version Graded A+ Brokerage The aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. Appraiser Person who provides opinion of value in appraisal report Residential Mortgage Lo...

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Champion School of Real Estate-Law of Contracts Latest Update 100% Pass

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Champion School of Real Estate-Law of Contracts Latest Update 100% Pass Texas Real Estate Commission TREC-created by the Legislature in 1949. 9 member commission whose primary purpose is to carry out the provision of the License Act Real Estate Recovery Trust Account administered by TREC. th...

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Champions Texas Principles of Real Estate 2 Chapter quizzes with Complete Solutions

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Champions Texas Principles of Real Estate 2 Chapter quizzes with Complete Solutions 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 c. ...

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Champion School of Real Estate Latest Update 100% Pass

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Champion School of Real Estate Latest Update 100% Pass Brokerage The aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction Property Managers are generally responsible for the following Day to Day operations, Maintenance and Te...

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Texas Real Estate Exam Prep Class - Champion Chap.1 Latest Update 100% Pass

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Texas Real Estate Exam Prep Class - Champion Chap.1 Latest Update 100% Pass Real Property land, improvements attached to the land, benefits, rights, and ownership interest that go with the land. appurtenance A right, privilege, or improvement belonging to and pass with the land. The land...

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Principles of Real Estate 1 – Champions Latest Update 100% Pass

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Principles of Real Estate 1 – Champions Latest Update 100% Pass Leasehold Estates possession and use of property without ownership Estate for years (tenancy for years) any lease with a specific starting and ending date. Survives the death or sale of the property Periodic Tenancy/perio...

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Real Estate Finance 1 - Texas, Champions School of Real Estate – Finance Latest Update 100% Pass

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Real Estate Finance 1 - Texas, Champions School of Real Estate – Finance Latest Update 100% Pass Loan Processing The process of collecting information about a borrower in order to build a loan file that will be used to make an underwriting decision. Underwriting The process of evaluating ...

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Champions Real Estate Exam: Law of Agency Latest Update 100% Pass

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Champions Real Estate Exam: Law of Agency Latest Update 100% Pass This person hires an agent The Principal The agent works on behalf of this person the client (principal) This type of agency allows for the greatest range of authority Universal This is provided to the agent when there is...

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Champions School of Real Estate Marketing SAE Questions and Answers Already Passed

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Champions School of Real Estate Marketing SAE Questions and Answers Already Passed Price The most common reason a property fails to sell is __________. Marketing Matching human needs with goods or services to meet those needs is the process of ____ agent Problem solving is a key person...

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