AYPO PRINCIPLES OF REAL ESTATE 2
Which of the following conditions must be met for a reit? - Answers-atleast 75% of the
reits total assets and cash
What occurs in secondary capital markets? - Answers-securities are traded between
investors
Which of the following objective values means the value of a piece of property will rise
or fall because of a future benefit or a future complication? - Answers-anticipation
Convert the following fraction to a decimal for ease of computation: 31/25 - Answers-
1.24
Texans now have the option tohave their assets distributed without probate after their
death, including real property, through which of these methods? - Answers-tansfer on
death deed
Still be encumbrances on th title it is one of which the parties are aware such as a lien
or an easement? - Answers-marketable title
The information in a certificate of title often has several sections to it, including these,
except for which of these? - Answers-credit history of the buyer
An appraisal report generally does not include the following item. - Answers-title search
Prorate, or pro rata, means to? - Answers-proportion a cost over time and it is used to
adjust an overall payment to the actual days of usage
The rules for client trust accounts are ___ to those used for real estate brokers -
Answers-very similar, but not identical
The cfpb created by the dodd-frank act stands for which of the following? - Answers-
consumer financial protection bureau
If a commercial landlord has locked a tenant out of leased premises in violation of
Section 93.002, the tenant: - Answers-may recover possession of the premises as
provided by section 93.003
A person controls the acceptance of rent from a resident of a single family rental and
must be licensed under the act if the person has the authority to do what? - Answers-all
of these anwsers are correct
Which of the following conditions must be met for a reit? - Answers-atleast 75% of the
reits total assets and cash
What occurs in secondary capital markets? - Answers-securities are traded between
investors
Which of the following objective values means the value of a piece of property will rise
or fall because of a future benefit or a future complication? - Answers-anticipation
Convert the following fraction to a decimal for ease of computation: 31/25 - Answers-
1.24
Texans now have the option tohave their assets distributed without probate after their
death, including real property, through which of these methods? - Answers-tansfer on
death deed
Still be encumbrances on th title it is one of which the parties are aware such as a lien
or an easement? - Answers-marketable title
The information in a certificate of title often has several sections to it, including these,
except for which of these? - Answers-credit history of the buyer
An appraisal report generally does not include the following item. - Answers-title search
Prorate, or pro rata, means to? - Answers-proportion a cost over time and it is used to
adjust an overall payment to the actual days of usage
The rules for client trust accounts are ___ to those used for real estate brokers -
Answers-very similar, but not identical
The cfpb created by the dodd-frank act stands for which of the following? - Answers-
consumer financial protection bureau
If a commercial landlord has locked a tenant out of leased premises in violation of
Section 93.002, the tenant: - Answers-may recover possession of the premises as
provided by section 93.003
A person controls the acceptance of rent from a resident of a single family rental and
must be licensed under the act if the person has the authority to do what? - Answers-all
of these anwsers are correct
