Principles of Real Estate 1 Exam With 100% Correct Answers

Principles of Real Estate 1 Exam With 100% Correct Answers Which of the following actions does not violate the Texas Real Estate License Act? - answerDisclosing all known facts pertaining to a property to a client The aspect of real estate business that is concerned with bringing together the parties and completing the transactions is: - answer`Brokerage Which of the following statements regarding a Texas homestead is false? - answerHomestead protection can be waived in writing Ad valorem taxes: - answer-Are according to value -Create the highest priority lien on real property -Are always paid first at a foreclosure sale Promulgated contract forms are published by: - answerTREC The type of development which gives the owner the right to occupy the property for a certain time period, typically by the week, is known as: - answerTimeshare A record plat is required for which method of legal description? - answerLot ans block Integrity is best described as: - answerThe duty of a license holder to be informed on nation, state, and local issues in the real estate industry When a holdover tenant refuses to leave and is not paying rent, his interest in the property is called: - answerTenancy at sufferance Steering is: - answerDirecting buyers to or away from a particular neighborhood based on protected categories Crops are: - answerEmblements When a Texas real estate license holder is in inactive status: - answerHe is responsible for renewal fees Permanent additions to land are called: - answerImprovements When a property owner has the right to use water from a lake, oceans or sea that borders his land, he is said to have: - answerLittoral righ