AYPO REAL ESTATE PRINCIPLES OF REAL ESTATE 1
NEWEST 2025 ACTUAL EXAM 2025/2026 NEWEST ACTUAL
EXAM WITH COMPLETE QUESTIONS AND VERIFIED
ANSWERS |ALREADY GRADED A+|
If a vacancy occurs, the entity that made the original appointment
shall appoint a person to fill the unexpired term. - ANSWER-
Vacancy during a member's term
The committee shall draft and revise contract forms that are
capable of being standardized to expedite real estate transactions
and minimize controversy. - ANSWER-Powers and Duties
The contract forms must contain safeguards adequate to protect
the principals in the transaction. - ANSWER-Contract Forms
Safeguards
The commission may establish standards for the approval of
qualifying educational programs or courses of study in real estate
and real estate inspection conducted in this state. - ANSWER-
Approval of Programs and Courses of Study
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The standards for approval exclude programs and courses
offered by accredited colleges and universities. - ANSWER-
Exclusion of Accredited Programs
The commission may develop minimum education and
experience requirements for an instructor of a course of study. -
ANSWER-Instructor Requirements
The commission shall determine whether a real estate or real
estate inspection course satisfies the requirements of this chapter
or Chapter 1102. - ANSWER-Course Satisfaction Requirements
For commission approval of an application to offer a course of
study, the applicant must ensure that the educational program's
instructors meet the minimum education and experience
requirements. - ANSWER-Application Approval Requirements
The commission shall adopt rules setting an examination passage
rate benchmark for each category of license issued by the
commission. - ANSWER-Examination Passage Rate Benchmark
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The benchmark must be based on the average percentage of
examinees that pass the licensing exam on the first attempt. -
ANSWER-Benchmark Definition
A program must meet or exceed the benchmark for each license
category before the commission may renew the program's
approval. - ANSWER-Program Renewal Requirements
The commission may deny approval of an application if the
applicant owns or controls an educational program for which
approval was revoked. - ANSWER-Denial of Approval
The commission may renew a program's approval on a
probationary basis if it determines that the program is capable of
meeting the benchmark within a reasonable time. - ANSWER-
Probationary Renewal
The commission may deny approval of an application to renew if
the applicant is in violation of a commission order. - ANSWER-
Violation of Commission Order
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The commission may not charge more than one fee for the
approval of an application to offer an educational program or
course of study in multiple formats. - ANSWER-Fee for
Educational Program
The formats include in person, online, or as a correspondence
course. - ANSWER-Multiple Formats
The commission may adopt a fee schedule to charge a separate
fee for each format in which a provider offers an educational
program or course of study only if the commission by rule has
adopted a policy regarding educational programs or courses of
study that are offered in multiple formats. - ANSWER-Commission
Fee Schedule
In this section, 'educational institution' means a school, excluding
an accredited college or university, authorized by the commission
under this chapter to offer a real estate or real estate inspection
educational program or course of study. - ANSWER-Educational
Institution