Principles of Real Estate 1 Exam With 100% Correct Answers

Principles of Real Estate 1 Exam With 100% Correct Answers All of the following violate the Texas Real Estate License Act, EXCEPT: - answerDisclosing 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: - answerbrokerage An attorney from another state must have a Texas real estate license to receive a commission for a real estate transaction in Texas. - answertrue all of the following are true about a Texas homestead, except: - answerhomestead protection can be waived in writing ad valorem taxes: - answerAre 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? - answera lease for one year or less Factors that affect homeowners insurance premiums can include which of the following? - answerage 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? - answera recorded plat integrity is best described as: - answerThe 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: - answertenancy at sufferance steering is: - answerDirecting buyers to or away from a particular neighborhood based on protected categories crops are: - answeremblements when a Texas real estate licensee is in inactive status: - answerhe is responsible for renewal fees permanent additions to land are called: - answerimprovements