AYPO Real Estate Principles of Real Estate I Exam Study Guide 2025
AYPO Real Estate Principles of Real Estate I Exam Study Guide
UpdateStudy
COMPREHENSIVE
online at https://quizlet.com/_b8tiur
FREQUENTLY TESTED QUESTIONS and
verified answers | accurate answers|100% solved!!
1. TREC has the authority under TRELA to suspend They conduct the unlawful practice of
or even revoke a broker's license if: law
2. ESAC stands for: Education Standards Advisory Com-
mittee
3. What refers to a location from an economic Situs.
rather than a geographic standpoint?
4. Which amendment guarantees that a citizen 5th Amendment.
will not be deprived of property without due
process of law?
5. The CFPB is the: Consumer Financial Protection Bu-
reau
6. A professional organization or association is further a particular profession and the
usually a not-for-profit organization that seeks interests of individuals engaged in
to: that profession.
7. A contraction or generally slowing down of the Recession.
economy is a:
8. What is the primary purpose for real estate 1. To protect the general public during
licensing laws? real estate transactions from dishon-
est or incompetent brokers and sales
agents.
2. To set out minimum standards
and qualifications for licensing bro-
kers and sales agents.
3. To protect licensed brokers and
sales agents from unfair or improper
competition.
, AYPO Real Estate Principles of Real Estate I Exam Study Guide
Study online at https://quizlet.com/_b8tiur
9. Per 1101.2051(b), information or material pre- to the respondent of the complaint.
pared or compiled by the commission in con-
nection with a complaint, investigation, or au-
dit may be disclosed:
10. What type of property category includes Special-purpose.
churches, other places of worship, schools
and colleges, cemeteries and certain govern-
ment-held properties?
11. Emblements are best described by which of the Harvestable plants, trees, and unculti-
following? vated vegetation.
12. A manufactured home can be considered real 1. both the Texas Department of
property if: Housing and Community Affairs and
the home's county's chief tax apprais-
er have been notified of the filing
2. a certified copy of the "Statement of
ownership and location" for the home
has been filed by the owner in the real
property records of the county where
the home is located
3. the owner of the home has elected
to treat the home as their real prop-
erty
13. The number one reason that people move is: Employment opportunity
14. How much money can a first time homebuyer $10,000
draw from his or her own IRA without tax penal-
ty for the purchase?
15.
AYPO Real Estate Principles of Real Estate I Exam Study Guide
UpdateStudy
COMPREHENSIVE
online at https://quizlet.com/_b8tiur
FREQUENTLY TESTED QUESTIONS and
verified answers | accurate answers|100% solved!!
1. TREC has the authority under TRELA to suspend They conduct the unlawful practice of
or even revoke a broker's license if: law
2. ESAC stands for: Education Standards Advisory Com-
mittee
3. What refers to a location from an economic Situs.
rather than a geographic standpoint?
4. Which amendment guarantees that a citizen 5th Amendment.
will not be deprived of property without due
process of law?
5. The CFPB is the: Consumer Financial Protection Bu-
reau
6. A professional organization or association is further a particular profession and the
usually a not-for-profit organization that seeks interests of individuals engaged in
to: that profession.
7. A contraction or generally slowing down of the Recession.
economy is a:
8. What is the primary purpose for real estate 1. To protect the general public during
licensing laws? real estate transactions from dishon-
est or incompetent brokers and sales
agents.
2. To set out minimum standards
and qualifications for licensing bro-
kers and sales agents.
3. To protect licensed brokers and
sales agents from unfair or improper
competition.
, AYPO Real Estate Principles of Real Estate I Exam Study Guide
Study online at https://quizlet.com/_b8tiur
9. Per 1101.2051(b), information or material pre- to the respondent of the complaint.
pared or compiled by the commission in con-
nection with a complaint, investigation, or au-
dit may be disclosed:
10. What type of property category includes Special-purpose.
churches, other places of worship, schools
and colleges, cemeteries and certain govern-
ment-held properties?
11. Emblements are best described by which of the Harvestable plants, trees, and unculti-
following? vated vegetation.
12. A manufactured home can be considered real 1. both the Texas Department of
property if: Housing and Community Affairs and
the home's county's chief tax apprais-
er have been notified of the filing
2. a certified copy of the "Statement of
ownership and location" for the home
has been filed by the owner in the real
property records of the county where
the home is located
3. the owner of the home has elected
to treat the home as their real prop-
erty
13. The number one reason that people move is: Employment opportunity
14. How much money can a first time homebuyer $10,000
draw from his or her own IRA without tax penal-
ty for the purchase?
15.
