ACEABLE AGENT FINAL PAPER 2026 UPDATED
QUESTIONS WITH CORRECT ANSWERS 100%
VERIFIED
◉ Voidable. Answer: can be terminated or rescinded by either party
◉ Real property refers to the land and improvements on it plus the set of
rights associated with real estate ownership. Answer: land, and
improvements on it plus the set of rights associated with real estate
ownership
◉ Sponsoring Broker. Answer: Sales agents accept commission from
◉ Counteroffer. Answer: party makes changes to an offer and represents
the new offer
◉ Uniqueness. Answer: no two tracts of land are the same
◉ Special Agency. Answer: Broker signs listing agreement with seller
◉ Lot and Block. Answer: Plat, Oak Grove, Block 600, Lot 5, Dallas
County, TX
, ◉ Fair Housing. Answer: the Department of Housing and Urban
Development, commonly referred to as HUD, enforces the
◉ What consequences could a broker suffer if a court concludes they
knowingly and intentionally conveyed incomplete or false information
to a customer?. Answer: If they are found to be knowingly and
intentionally at fault, they may be punished with Treble damages for
both economic damages and mental anguish.
◉ grounds for disciplinary action, including revocation or suspension of
a license, EXCEPT. Answer: Asking buyers to provide their own
transportation to inspect a property
◉ Condo. Answer: An owner lives in a single family dwelling but only
owns the building. The homeowner's association owns and maintains the
grounds, the pool and the exercise room. All of the owners in the area
share the common areas. What does the owner live in?
◉ Market Information. Answer: agents use as a basis for advising a
prospect
◉ Trade Fixture. Answer: Dining Room Table in NOT
◉ 2 Years. Answer: How often can homeowners take advantage of
capital gains exemption under the Taxpayer Relief Act of 1997?
QUESTIONS WITH CORRECT ANSWERS 100%
VERIFIED
◉ Voidable. Answer: can be terminated or rescinded by either party
◉ Real property refers to the land and improvements on it plus the set of
rights associated with real estate ownership. Answer: land, and
improvements on it plus the set of rights associated with real estate
ownership
◉ Sponsoring Broker. Answer: Sales agents accept commission from
◉ Counteroffer. Answer: party makes changes to an offer and represents
the new offer
◉ Uniqueness. Answer: no two tracts of land are the same
◉ Special Agency. Answer: Broker signs listing agreement with seller
◉ Lot and Block. Answer: Plat, Oak Grove, Block 600, Lot 5, Dallas
County, TX
, ◉ Fair Housing. Answer: the Department of Housing and Urban
Development, commonly referred to as HUD, enforces the
◉ What consequences could a broker suffer if a court concludes they
knowingly and intentionally conveyed incomplete or false information
to a customer?. Answer: If they are found to be knowingly and
intentionally at fault, they may be punished with Treble damages for
both economic damages and mental anguish.
◉ grounds for disciplinary action, including revocation or suspension of
a license, EXCEPT. Answer: Asking buyers to provide their own
transportation to inspect a property
◉ Condo. Answer: An owner lives in a single family dwelling but only
owns the building. The homeowner's association owns and maintains the
grounds, the pool and the exercise room. All of the owners in the area
share the common areas. What does the owner live in?
◉ Market Information. Answer: agents use as a basis for advising a
prospect
◉ Trade Fixture. Answer: Dining Room Table in NOT
◉ 2 Years. Answer: How often can homeowners take advantage of
capital gains exemption under the Taxpayer Relief Act of 1997?
