Principles 1: Level 1
apartment locator—ANSWER--a real estate license holder who locates
dwelling units for prospective tenants
approved forms—ANSWER--forms prepared and authorized by the Texas
Real Estate Commission that can be used by real estate license holders
broker—ANSWER--a person or business entity who is licensed to represent
one of the parties in a real estate transaction in exchange for a commission
or other valuable consideration
broker price opinion (BPO)—ANSWER--a broker's opinion of the value of a
piece of real property, given in writing
client—ANSWER--the person whom an agent is representing, made official
through a representation document
cloud—ANSWER--any claim to or encumbrance on the title to a property
which affects transferability
apartment locator—ANSWER--a real estate license holder who locates
dwelling units for prospective tenants
approved forms—ANSWER--forms prepared and authorized by the Texas
Real Estate Commission that can be used by real estate license holders
broker—ANSWER--a person or business entity who is licensed to represent
one of the parties in a real estate transaction in exchange for a commission
or other valuable consideration
broker price opinion (BPO)—ANSWER--a broker's opinion of the value of a
piece of real property, given in writing
client—ANSWER--the person whom an agent is representing, made official
through a representation document
cloud—ANSWER--any claim to or encumbrance on the title to a property
which affects transferability
