Principles of Real Estate in Texas 1 Final
Exam Questions with 100% Correct
Answers
Is the Texas Association of real estate inspectors it is primarily responsible
for - ✔✔Enhancing the education and development of professional property
inspections
What is the classification of a warehouse property that has a number of
unauthorized condominium unit conversions? - ✔✔Industrial
In Texas real estate, license act is administrated by - ✔✔The Texas real
estate commission
The legal rights of property purchaser called the bundle of right means the
owner is exempt from - ✔✔Demand by non-legal authorities to come onto
the property
Why are subsurface right considered dominant over surface rights? -
✔✔Because owners of subsurface write, must have access to surface of
the property for the placement, such things as drilling, or pumping rings
, Which of the following would likely be considered a fixture included in the
sell? - ✔✔Parsian rugs on hardwood floor
Properties and community that is built out from city to city limit will likely see
property value - ✔✔Rise, because no more buildable properties are
available
A swimming pool ads what kind of value to a property - ✔✔Subjective value
When there is a construction boom in the United States, driving down the
supply of drywall so that builders must import what should real estate
brokers and sales agents be aware of - ✔✔That the imported drywall may
not need local building codes as well as national standards
What is primarily selling point of a modular home? - ✔✔They are built in
factory under controlled conditions
If clients want to buy Pacific homes but fall short of the 25-28%/33-36%
ratio. Will they automatically be disqualified from the purchase - ✔✔No
If flash flooding forces a property owner out of a residence for six months
who has otherwise lived in the home for a year and a half out of the last five
years is the owner still entitled to the capital gain exclusion on the sell other
property - ✔✔Yes, the period of time the owner is forced out of the
Exam Questions with 100% Correct
Answers
Is the Texas Association of real estate inspectors it is primarily responsible
for - ✔✔Enhancing the education and development of professional property
inspections
What is the classification of a warehouse property that has a number of
unauthorized condominium unit conversions? - ✔✔Industrial
In Texas real estate, license act is administrated by - ✔✔The Texas real
estate commission
The legal rights of property purchaser called the bundle of right means the
owner is exempt from - ✔✔Demand by non-legal authorities to come onto
the property
Why are subsurface right considered dominant over surface rights? -
✔✔Because owners of subsurface write, must have access to surface of
the property for the placement, such things as drilling, or pumping rings
, Which of the following would likely be considered a fixture included in the
sell? - ✔✔Parsian rugs on hardwood floor
Properties and community that is built out from city to city limit will likely see
property value - ✔✔Rise, because no more buildable properties are
available
A swimming pool ads what kind of value to a property - ✔✔Subjective value
When there is a construction boom in the United States, driving down the
supply of drywall so that builders must import what should real estate
brokers and sales agents be aware of - ✔✔That the imported drywall may
not need local building codes as well as national standards
What is primarily selling point of a modular home? - ✔✔They are built in
factory under controlled conditions
If clients want to buy Pacific homes but fall short of the 25-28%/33-36%
ratio. Will they automatically be disqualified from the purchase - ✔✔No
If flash flooding forces a property owner out of a residence for six months
who has otherwise lived in the home for a year and a half out of the last five
years is the owner still entitled to the capital gain exclusion on the sell other
property - ✔✔Yes, the period of time the owner is forced out of the
