Principles of Real Estate 1 with correct answers
All of the following violate the Texas Real Estate License Act, EXCEPT: - Disclosing all known facts pertaining to a property to a client The aspect of the real estate business that is concerned with bringing together the parties and completing the transactions is: - brokerage An attorney from another state must have a Texas real estate license to receive a commission for a real estate transaction in Texas. - true all of the following are true about a Texas homestead, except: - homestead protection can be waived in writing ad valorem taxes: - Are according to value, Create the highest priority lien on real property, Are always paid first at a foreclosure sale Which real estate contract is the exception to the Statute of Frauds? - a lease for one year or less Factors that affect homeowners insurance premiums can include which of the following? - age and condition of the home, location, the policyholder's claims history Which of the following is required for a lot and block description of a property? - a recorded plat integrity is best described as: - The duty of a licensee to employ prudence and caution so as to avoid misrepresentation in any way When a holdover tenant refuses to leave and is not paying rent his interest in the property is called: - tenancy at sufferance steering is: - Directing buyers to or away from a particular neighborhood based on protected categories
Written for
- Institution
- BCSS - Business Class Services Specialist
- Course
- BCSS - Business Class Services Specialist
Document information
- Uploaded on
- December 25, 2023
- Number of pages
- 5
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
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principles of real estate 1 with correct answers