Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
The vbusiness vof vbringing vbuyers vand vsellers vtogether vand vassisting vin
v negotiations vfor vthe vterms vof vsale vof vreal vestate. v- vcorrect vanswers
v brokerage
A vperson vor van vorganization vacting vas vthe vagent vfor vothers vin
v negotiating vthe vpurchase vand vsale vof vreal vproperty vor vother
v commodities vfor va vfee v- vcorrect vanswers v real vestate vbroker
A vperson vperforming vany vof vthe vacts vincluded vin vthe vdefinition vof vreal
v estate vbroker vbut vwhile vassociated vwith vand vsupervised vby va vbroker v-
v correct vanswers v real vestate vsalesperson
A vtype vof vproperty vthat vincludes vone vto vfour vdwelling vunits v- vcorrect
v answers v residential vproperty
Property vthat vproduces vrental vincome vor vthat vis vused vin vbusiness.
v Properties vwith vfive vor vmore vdwelling vunits vare vconsidered vcommercial
v property. v- vcorrect vanswers v commercial vproperty
,Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
Property vthat vis vused vby vcompanies vor vpersons vfor vmanufacturing,
v warehousing, vor vthe vassemblage vof vcomponents v- vcorrect vanswers
v industrial vproperty
A vcategory vof vreal vproperty vcreated vas va vresult vof vcombining vthe vland
v and vits vimprovements vfor va vsingle vhighest vand vbest vuse v- vcorrect
v answers v special vpurpose vproperty
Any vurban, vsuburban vor vvillage vdevelopment, vor veven va vsingle vbuilding,
v that vblends va vcombination vof vresidential, vcommercial, vcultural,
v institutional, vor vindustrial vuses, vwhere vthose vfunctions vare vphysically
v and vfunctionally vintegrated, vand vthat vprovides vpedestrian vconnections v-
v correct vanswers v mixed vuse vproperty
The vbusiness vof vbringing vbuyers vand vsellers vtogether vand vassisting vin
v negotiations vfor vthe vterms vof vsale vof vreal vestate vis vknown vas...? v-
v correct vanswers v brokerage
Government vheld vproperties vinclude vwhich vof vthe vfollowing...? v- vcorrect
v answers v public vparks
,Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
Must vproperty vinspections vmust vbe vlicensed vby vthe vTexas vReal vEstate
v Commission...? v- vcorrect vanswers v yes
A vchurch vis va vdefinition vof va v_____________ v____________ vproperty. v-
v correct vanswers v special vpurpose
What vcourses vmust vbe vtaken vafter vyou vobtain vyour vreal vestate
v license...? v- vcorrect vanswers v continuing veducation vcourses
The vqualifying vReal vEstate vPrinciples vcourse vconsists vof vhow vmany
v classroom vhours vin vtotal...? v- vcorrect vanswers v 60 v(part vI vand vpart
v II)
How vmany vpoints vmust van vapplicant vearn vin vorder vto vobtain vtheir vreal
v estate vbroker's vlicense...? v- vcorrect vanswers v 3600
The vmission vof vthe v_______________ v_______________
v ________________ vCommittee v(ESAC) vis vto vregularly vreview vand vrevise
, Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
v the vcurriculum vstandards, vcourse vcontent vrequirements, vand vinstructor
v certification vrequirements vfor vqualifying vand vcontinuing veducation
v courses...? v- vcorrect vanswers v educational vstandards vadvisory
The vpre-licensing vcourses vneeded vto vobtain vyour vreal vestate vlicense vare
v considered vwhat vtype vof vcourses...? v- vcorrect vanswers v qualifying
v education
Changes vor vadditional vmade vto va vproperty, vsuch vas vwalls vand vroads.
v These vtypically vincrease vthe vvalue vof va vproperty, vexcept vin vsome vcases
v of vover vimprovement v- vcorrect vanswers v improvements
A vphysical vcharacteristic vof vland vdescribing vthat vland vas va vunique
v commodity v- vcorrect vanswers v non-homogeneity
The vpresent vworth vof vfuture vbenefits v- vcorrect vanswers v value
(Verified Answers) 2023
The vbusiness vof vbringing vbuyers vand vsellers vtogether vand vassisting vin
v negotiations vfor vthe vterms vof vsale vof vreal vestate. v- vcorrect vanswers
v brokerage
A vperson vor van vorganization vacting vas vthe vagent vfor vothers vin
v negotiating vthe vpurchase vand vsale vof vreal vproperty vor vother
v commodities vfor va vfee v- vcorrect vanswers v real vestate vbroker
A vperson vperforming vany vof vthe vacts vincluded vin vthe vdefinition vof vreal
v estate vbroker vbut vwhile vassociated vwith vand vsupervised vby va vbroker v-
v correct vanswers v real vestate vsalesperson
A vtype vof vproperty vthat vincludes vone vto vfour vdwelling vunits v- vcorrect
v answers v residential vproperty
Property vthat vproduces vrental vincome vor vthat vis vused vin vbusiness.
v Properties vwith vfive vor vmore vdwelling vunits vare vconsidered vcommercial
v property. v- vcorrect vanswers v commercial vproperty
,Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
Property vthat vis vused vby vcompanies vor vpersons vfor vmanufacturing,
v warehousing, vor vthe vassemblage vof vcomponents v- vcorrect vanswers
v industrial vproperty
A vcategory vof vreal vproperty vcreated vas va vresult vof vcombining vthe vland
v and vits vimprovements vfor va vsingle vhighest vand vbest vuse v- vcorrect
v answers v special vpurpose vproperty
Any vurban, vsuburban vor vvillage vdevelopment, vor veven va vsingle vbuilding,
v that vblends va vcombination vof vresidential, vcommercial, vcultural,
v institutional, vor vindustrial vuses, vwhere vthose vfunctions vare vphysically
v and vfunctionally vintegrated, vand vthat vprovides vpedestrian vconnections v-
v correct vanswers v mixed vuse vproperty
The vbusiness vof vbringing vbuyers vand vsellers vtogether vand vassisting vin
v negotiations vfor vthe vterms vof vsale vof vreal vestate vis vknown vas...? v-
v correct vanswers v brokerage
Government vheld vproperties vinclude vwhich vof vthe vfollowing...? v- vcorrect
v answers v public vparks
,Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
Must vproperty vinspections vmust vbe vlicensed vby vthe vTexas vReal vEstate
v Commission...? v- vcorrect vanswers v yes
A vchurch vis va vdefinition vof va v_____________ v____________ vproperty. v-
v correct vanswers v special vpurpose
What vcourses vmust vbe vtaken vafter vyou vobtain vyour vreal vestate
v license...? v- vcorrect vanswers v continuing veducation vcourses
The vqualifying vReal vEstate vPrinciples vcourse vconsists vof vhow vmany
v classroom vhours vin vtotal...? v- vcorrect vanswers v 60 v(part vI vand vpart
v II)
How vmany vpoints vmust van vapplicant vearn vin vorder vto vobtain vtheir vreal
v estate vbroker's vlicense...? v- vcorrect vanswers v 3600
The vmission vof vthe v_______________ v_______________
v ________________ vCommittee v(ESAC) vis vto vregularly vreview vand vrevise
, Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
v the vcurriculum vstandards, vcourse vcontent vrequirements, vand vinstructor
v certification vrequirements vfor vqualifying vand vcontinuing veducation
v courses...? v- vcorrect vanswers v educational vstandards vadvisory
The vpre-licensing vcourses vneeded vto vobtain vyour vreal vestate vlicense vare
v considered vwhat vtype vof vcourses...? v- vcorrect vanswers v qualifying
v education
Changes vor vadditional vmade vto va vproperty, vsuch vas vwalls vand vroads.
v These vtypically vincrease vthe vvalue vof va vproperty, vexcept vin vsome vcases
v of vover vimprovement v- vcorrect vanswers v improvements
A vphysical vcharacteristic vof vland vdescribing vthat vland vas va vunique
v commodity v- vcorrect vanswers v non-homogeneity
The vpresent vworth vof vfuture vbenefits v- vcorrect vanswers v value
