Principles of Real Estate 1- Champions School
of Real Estate Questions and answers EXAM,
SOLUTIONS (MULTIPLE CHOICES) 100% correct
2026!!
Save
Terms in this set (68)
a freeway has made commuting to D.) Modification
a distant suburban neighborhood
easier, resulting in an increase in
new home sales. This increase in
sales is an example of the
economic characteristic of
A.) scarcity
B.) Fixity
C.) Situs
D.) Modification
The supply of Real Estate is D.) All of these
affected by
A.) Land cost
B.) Building codes
C.) Government regulations
D.) All of these
,The least important factor affecting B.) Personal Preference
demand for real estate is:
A.) Population Growth
B.) Personal Preference
C.) Availability of Credit
D.) Transportation Systems
A lawsuit was tried on a real estate C.) Common Law
matter. The judge ruled in the case,
citing the decision of a judge in a
similar case that was tried ten years
ago. The judges decision in the case
was most likely based upon:
A.) Statutory Law
B.) Civil Law
C.) Common Law
D.) Local ordinance
A license holder was tried in a state A.) Statutory Law
district court on a complaint arising
from a real estate transaction. The
court ruled that, among other
transgressions, the defendant had
violated the Texas Real Estate
License Act. This decision of the
judge was based upon:
A.) Statutory law
B.) Civil Law
C.) Common Law
D.) Local Ordinance
, RMLOs in Texas are licensed C.) Texas Department of Savings and Mortgage
through: Lending
A.) Texas Real Estate Commission
B.) National Mortgage Bankers
Association
C.) Texas Department of Savings
and Mortgage Lending
D.) Texas savings and loan board
A Freeway has made commuting to D.) Modification
a distant suburban neighborhood
easier, resulting in an increase in
new home sales. This increase in
sales is an example of the
economic characteristics of:
A.) Scarcity
B.) Fixity
C.) Situs
D.) Modification
Air Rights are commonly leased or D) all of these
conveyed in:
A.) Cell tower leases
B.) Condominiums
C.) Outdoor Advertising
D.) All of these are correct
Building, roads and fences are all C.) Improvements
examples of:
A.) Personal Property
B.) Private Property
C.) Improvements
D.) Public Property
of Real Estate Questions and answers EXAM,
SOLUTIONS (MULTIPLE CHOICES) 100% correct
2026!!
Save
Terms in this set (68)
a freeway has made commuting to D.) Modification
a distant suburban neighborhood
easier, resulting in an increase in
new home sales. This increase in
sales is an example of the
economic characteristic of
A.) scarcity
B.) Fixity
C.) Situs
D.) Modification
The supply of Real Estate is D.) All of these
affected by
A.) Land cost
B.) Building codes
C.) Government regulations
D.) All of these
,The least important factor affecting B.) Personal Preference
demand for real estate is:
A.) Population Growth
B.) Personal Preference
C.) Availability of Credit
D.) Transportation Systems
A lawsuit was tried on a real estate C.) Common Law
matter. The judge ruled in the case,
citing the decision of a judge in a
similar case that was tried ten years
ago. The judges decision in the case
was most likely based upon:
A.) Statutory Law
B.) Civil Law
C.) Common Law
D.) Local ordinance
A license holder was tried in a state A.) Statutory Law
district court on a complaint arising
from a real estate transaction. The
court ruled that, among other
transgressions, the defendant had
violated the Texas Real Estate
License Act. This decision of the
judge was based upon:
A.) Statutory law
B.) Civil Law
C.) Common Law
D.) Local Ordinance
, RMLOs in Texas are licensed C.) Texas Department of Savings and Mortgage
through: Lending
A.) Texas Real Estate Commission
B.) National Mortgage Bankers
Association
C.) Texas Department of Savings
and Mortgage Lending
D.) Texas savings and loan board
A Freeway has made commuting to D.) Modification
a distant suburban neighborhood
easier, resulting in an increase in
new home sales. This increase in
sales is an example of the
economic characteristics of:
A.) Scarcity
B.) Fixity
C.) Situs
D.) Modification
Air Rights are commonly leased or D) all of these
conveyed in:
A.) Cell tower leases
B.) Condominiums
C.) Outdoor Advertising
D.) All of these are correct
Building, roads and fences are all C.) Improvements
examples of:
A.) Personal Property
B.) Private Property
C.) Improvements
D.) Public Property
