AYPO REAL ESTATE PRINCIPLES 1 Exam Questions and
Answers Grade A+
The Texas Real Estate Commission consists of members appointed by the
governor with the advice and consent of the: Senate. What is their composition?
- None of these answers are correct
- Six members who have been engaged in the brokerage business as licensed
brokers as their major occupation for five years proceeding appointment; and six
members who represent the public
- three members who have been engaged in the brokerage business as licensed
brokers as their major occupation for five years proceeding appointment; and six
members who represent the public
-Six members who have been engaged in the brokerage business as licensed
brokers as their major occupation for five years proceeding appointment; and
three members who represent the public - Answer-Six members who have been
engaged in the brokerage business as licensed brokers as their major occupation
for five years proceeding appointment; and three members who represent the
public
The term "False, Misleading or Deceptive acts or practices" Includes, but is not
limited to which of the following acts?
- Disparaging the goods
- All of these
-Passing off goods and services as those of another
-Using deceptive representations or designations of geographic origin in
connection with goods or services - Answer-- All of these
, The executive director shall give notice of the commissions order to the party
under investigation. The notice must do which of the following?
- State the amount of any penalty imposed
-All of these
-Inform the person of the rights to judicial review
-Include the findings of fact and conclusions of law, separated stated - Answer--All
of these
Public beach policy for the state of Texas Includes - Answer-The public shall have
free and unrestricted right of ingress and egress to and for the state owned
beaches bordering the Seward shore of the gulf of Mexico
Emblements - Answer-Harvestable plants, tress, and cultivated vegetation
An aggrieved party may bring a private enforcement action in a state or federal
court under which of these circumstances? - Answer-Within two year of the stated
discriminatory action and can even be filed if an administratice proceeding
through TWCCRD is in process
Largest and most complete bundle of rights of ownership is which of these? -
Answer-Fee Simple Absolute
Prior to introduction of the condominium concept, property ownership had been
limited to ownership of which of the following? - Answer-Land
What are the components of the NFIP - Answer-Risk mitigation
Risk identification
Subsidization
General rule of caputure applies to: - Answer-Game animals, ground water, and oil
Limited service broker - Answer-For a flat fee, posts on MLS but does not
represent the seller in any other capacity.
Answers Grade A+
The Texas Real Estate Commission consists of members appointed by the
governor with the advice and consent of the: Senate. What is their composition?
- None of these answers are correct
- Six members who have been engaged in the brokerage business as licensed
brokers as their major occupation for five years proceeding appointment; and six
members who represent the public
- three members who have been engaged in the brokerage business as licensed
brokers as their major occupation for five years proceeding appointment; and six
members who represent the public
-Six members who have been engaged in the brokerage business as licensed
brokers as their major occupation for five years proceeding appointment; and
three members who represent the public - Answer-Six members who have been
engaged in the brokerage business as licensed brokers as their major occupation
for five years proceeding appointment; and three members who represent the
public
The term "False, Misleading or Deceptive acts or practices" Includes, but is not
limited to which of the following acts?
- Disparaging the goods
- All of these
-Passing off goods and services as those of another
-Using deceptive representations or designations of geographic origin in
connection with goods or services - Answer-- All of these
, The executive director shall give notice of the commissions order to the party
under investigation. The notice must do which of the following?
- State the amount of any penalty imposed
-All of these
-Inform the person of the rights to judicial review
-Include the findings of fact and conclusions of law, separated stated - Answer--All
of these
Public beach policy for the state of Texas Includes - Answer-The public shall have
free and unrestricted right of ingress and egress to and for the state owned
beaches bordering the Seward shore of the gulf of Mexico
Emblements - Answer-Harvestable plants, tress, and cultivated vegetation
An aggrieved party may bring a private enforcement action in a state or federal
court under which of these circumstances? - Answer-Within two year of the stated
discriminatory action and can even be filed if an administratice proceeding
through TWCCRD is in process
Largest and most complete bundle of rights of ownership is which of these? -
Answer-Fee Simple Absolute
Prior to introduction of the condominium concept, property ownership had been
limited to ownership of which of the following? - Answer-Land
What are the components of the NFIP - Answer-Risk mitigation
Risk identification
Subsidization
General rule of caputure applies to: - Answer-Game animals, ground water, and oil
Limited service broker - Answer-For a flat fee, posts on MLS but does not
represent the seller in any other capacity.