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Texas Principles 2 Exam Practice Questions - Champions School of Real Estate

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Texas Principles 2 Exam Practice Questions - Champions School of Real Estate 1) a: BOMA's major concern is advocacy on the part of: (a) Building owners and managers (b) Landlords and tenants(c) Employment law and managers (d) None of these are correct 2) a: The combines the elements of the Good Faith Estimate form and the initial Truth in Lending disclosure. (a) Loan Estimate(b) Controlled Business Arrangement (c) Closing Disclosure(d) None of these is correct 3) a: The quarterly interest payment on a loan is $4,000. The interest rate is 5%. What is the loan amount? (a) $320,000 (b) $32,000 (c) $80,000 (d) $800,000 4) a: Auctioneers who call at a real estate auction . (a) may do so without a license(b) may not do so without a license(c) are known as foreclosure specialists (d) none of the above

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Uploaded on
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