Texas Principles of Real Estate 1 Chapter
1 Quiz Questions & Answers
1. A contract in which a property owner employs a real estate broker to market
the property described in the contract is known as the...
Answer Listing Contract
2. A real estate agent is an example of what type of agent...?
Answer Special Agent
3. A means of comparing similar type properties, which have recently sold, to
the subject property is known as the...?
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,Texas Principles of Real Estate 1 Chapter 1 Quiz.pdf file:///C:/Users/HP/Desktop/New%20folder%20(2)/Texas%20Princi
Answer Market Comparison Approach
4. The general uses of real property include which of the following...?
Answer Resi-dential
Commercial
Industrial
5. If a real estate salesperson closes on a transaction, who pays the salesper-son
their commission...?
Answer The salesperson's sponsoring broker
6. Properties with five or more dwelling units are considered...?
Answer CommercialProperty
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