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Exam (elaborations)

CHAMPIONS COMMERCIAL REAL ESTATE- SAE EXAM QUESTIONS WITH COMPLETE SOLUTIONS GUARANTEED PASS BRAND NEW 2025.

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CHAMPIONS COMMERCIAL REAL ESTATE- SAE EXAM QUESTIONS WITH COMPLETE SOLUTIONS GUARANTEED PASS BRAND NEW










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Uploaded on
April 11, 2025
Number of pages
10
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • champions commercial

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CHAMPIONS COMMERCIAL REAL ESTATE- SAE EXAM QUESTIONS
WITH COMPLETE SOLUTIONS GUARANTEED PASS BRAND NEW
2025



Trust Account - CORRECT ANSWER - >account managed by one
party for the benefit of another in a banking institution
authorized to do business in Texas

Safe Harbor Policy - CORRECT ANSWER - >determines whether
or not an advertisement is clear and conspicuous

Advertisement - CORRECT ANSWER - >a written or oral
statement or communication by or on behalf of a license holder
or service provider

Trust Money - CORRECT ANSWER - >clients' money

Trust Account - CORRECT ANSWER - >an account managed by
one party for the benefit of another in a banking instistution
authorized to do business in Texas

Sales Agent - CORRECT ANSWER - >Should not maintain a trust
account

Open Carry and Concealed Carry Signage - CORRECT ANSWER -
>must appear in contrasting colors with block letters at least
one inch in height

, 30.06 - CORRECT ANSWER - >establishments that will permit
open carry on their premises, but prohibit concealed carry

30.07 - CORRECT ANSWER - >Prohibits open carry on he
premises


Buffer Zone - CORRECT ANSWER - >an area of land separating
one land use from another

Variance - CORRECT ANSWER - >permission to violate the rules

Police Power - CORRECT ANSWER - >the right of the
government to regulate and control the way land is used

Downsizing - CORRECT ANSWER - >Changing the zoning of a
property to lower the value use

Zoning - CORRECT ANSWER - >the most common example of
police power

Texas Property Code - CORRECT ANSWER - >arranges Texas
Statute Law into a logical order, making it more accessible and
understandable

Security Deposit - CORRECT ANSWER - >is any advance of
money, other than a rental application deposit of an advance

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