CHAMPION SCHOOL OF REAL ESTATE INTRO
CHAPTER 1 TEST LATEST UPDATED
The segment of the real estate industry that deals with managing the parties'
demands and closing a deal is called broking.
RMLOs: ANSWER are referred to as mortgage brokers as well.
NAR-ANSWER The biggest trade association for professionals in real estate
Value: ANSWER A reasonable reimbursement or equivalent in cash,
commodities, or services for a trade
appraisal-ANSWER the practice of offering a qualified assessment of real
estate's worth
Mortgage lending is the ANSWER business of giving money to people or
businesses in exchange for the pledge or conditional transfer of real estate as
collateral for debt repayment.
Property management is the administration of both commercial and residential
properties on behalf of the property's owner or investor.
Apartment Locators: ANSWER are employed by companies that focus on
finding apartments for renters in multifamily buildings.
Apartment Finders. Do you have a licence or not? ANSWER licence
The Texas Real Estate Commission (TREC) has granted ANSWER a licence to
conduct home inspections in Texas. The inspector-candidate needs to pass the
state exam and finish a number of courses.
CHAPTER 1 TEST LATEST UPDATED
The segment of the real estate industry that deals with managing the parties'
demands and closing a deal is called broking.
RMLOs: ANSWER are referred to as mortgage brokers as well.
NAR-ANSWER The biggest trade association for professionals in real estate
Value: ANSWER A reasonable reimbursement or equivalent in cash,
commodities, or services for a trade
appraisal-ANSWER the practice of offering a qualified assessment of real
estate's worth
Mortgage lending is the ANSWER business of giving money to people or
businesses in exchange for the pledge or conditional transfer of real estate as
collateral for debt repayment.
Property management is the administration of both commercial and residential
properties on behalf of the property's owner or investor.
Apartment Locators: ANSWER are employed by companies that focus on
finding apartments for renters in multifamily buildings.
Apartment Finders. Do you have a licence or not? ANSWER licence
The Texas Real Estate Commission (TREC) has granted ANSWER a licence to
conduct home inspections in Texas. The inspector-candidate needs to pass the
state exam and finish a number of courses.
