, Principles of Real Estate 1 (30-hours)
FINAL EXAM Texas 100% CORRECT!
emblements are best described by which of the following? - ANSWER Harvestable
plants
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 An
indemnification clause
which of these is NOT one of the five duties owed by a fiduciary? - ANSWER infidelity
which of these is NOT associated with metes and bounds measurements? - ANSWER
monuments
FTC&__ is a comprehensive consumer act and includes all violations of the Sherman
and clayton Acts. - ANSWER 15
multiple real estate brokerages establishing an across-the-board 6% commission for
their agent would be guilty of which of these? - ANSWER price fixing
which kind of easement not only allows access to another person's property but also
allows the removal of material resources contained in the property? - ANSWER A profit
under legal guidelines established by court precedent in contact law, law which of these
statement is false? - ANSWER printed agreement override signed and dated
handwritten changes to the printed agreement.
what is the name of the governing body for real estate in texas? - ANSWER Texas real
Estate Commission(TREC)
Which of the following fulfills section 1101.806 of TRELA requirements fir
compensation? - ANSWER the agreement to pay was in writing and sighed by the party
to be charged.
the commission may require a license suspension or revocation is "probated" to do
which of these? - ANSWER limit practice to an area prescribed by the commission.
FINAL EXAM Texas 100% CORRECT!
emblements are best described by which of the following? - ANSWER Harvestable
plants
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 An
indemnification clause
which of these is NOT one of the five duties owed by a fiduciary? - ANSWER infidelity
which of these is NOT associated with metes and bounds measurements? - ANSWER
monuments
FTC&__ is a comprehensive consumer act and includes all violations of the Sherman
and clayton Acts. - ANSWER 15
multiple real estate brokerages establishing an across-the-board 6% commission for
their agent would be guilty of which of these? - ANSWER price fixing
which kind of easement not only allows access to another person's property but also
allows the removal of material resources contained in the property? - ANSWER A profit
under legal guidelines established by court precedent in contact law, law which of these
statement is false? - ANSWER printed agreement override signed and dated
handwritten changes to the printed agreement.
what is the name of the governing body for real estate in texas? - ANSWER Texas real
Estate Commission(TREC)
Which of the following fulfills section 1101.806 of TRELA requirements fir
compensation? - ANSWER the agreement to pay was in writing and sighed by the party
to be charged.
the commission may require a license suspension or revocation is "probated" to do
which of these? - ANSWER limit practice to an area prescribed by the commission.
