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AYPO Real Estate Principles Of Real Estate 1 Newest
2026/2027 Actual Exam Complete Questions And Correct
Answers(Verified Answers)|Already Graded A+||Best
Version!!!
What states that a party or parties associated with a contract
will cover certain losses or expenses incurred by another party
under the contract? - ANSWER-*indemnification clause
Which of the following is a general term for properties involving
an approved survey map and plans that describe each lot or
unit and that is recorded with the county? - ANSWER-*Platted
Which of the following is one of the components of the NFIP? -
ANSWER-*Risk Identification
*Risk Mitigation
*Subsidization
In 2006 Texas case, Coldwell Banker v. Ryan Equity, the appeals
court ruled that a seller is responsible for revealing which of the
following to the buyer? - ANSWER-*Any hidden, or latent
defects in a building
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Which of these is NOT one of the five duties owed by a
fiduciary? - ANSWER-*Infidelity
A lien is a legal claim made on another person's property: -
ANSWER-*for the purpose of securing or repaying a debt to the
holder of the lien
The rule of capture states that the landowner has the right to
do which of the following in relation to groundwater? -
ANSWER-*Pump as much groundwater as they choose without
holding them liable for damage to others through their usage.
Which of these is NOT a legal statutory agency type? - ANSWER-
*Undisclosed dual agency
Which of these is NOT associated with metes and bounds
measurements? - ANSWER-Statues
Which of the following fulfills Section 1101.806 of TRELA
requirements for compensation? - ANSWER-*The agreement to
pay was in writing and signed by the party to be charged
AYPO Real Estate Principles Of Real Estate 1 Newest
2026/2027 Actual Exam Complete Questions And Correct
Answers(Verified Answers)|Already Graded A+||Best
Version!!!
What states that a party or parties associated with a contract
will cover certain losses or expenses incurred by another party
under the contract? - ANSWER-*indemnification clause
Which of the following is a general term for properties involving
an approved survey map and plans that describe each lot or
unit and that is recorded with the county? - ANSWER-*Platted
Which of the following is one of the components of the NFIP? -
ANSWER-*Risk Identification
*Risk Mitigation
*Subsidization
In 2006 Texas case, Coldwell Banker v. Ryan Equity, the appeals
court ruled that a seller is responsible for revealing which of the
following to the buyer? - ANSWER-*Any hidden, or latent
defects in a building
, 2|Page
Which of these is NOT one of the five duties owed by a
fiduciary? - ANSWER-*Infidelity
A lien is a legal claim made on another person's property: -
ANSWER-*for the purpose of securing or repaying a debt to the
holder of the lien
The rule of capture states that the landowner has the right to
do which of the following in relation to groundwater? -
ANSWER-*Pump as much groundwater as they choose without
holding them liable for damage to others through their usage.
Which of these is NOT a legal statutory agency type? - ANSWER-
*Undisclosed dual agency
Which of these is NOT associated with metes and bounds
measurements? - ANSWER-Statues
Which of the following fulfills Section 1101.806 of TRELA
requirements for compensation? - ANSWER-*The agreement to
pay was in writing and signed by the party to be charged
