Real Estate Express
Real Estate Express
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Real Estate Express Principles 1
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Realtors - Answer- Members of the National Association of REALTORS® (NAR) are known as 
 
Agents or sales people - Answer- Salespersons not associated with NAR are known as 
 
Realists - Answer- Members of the National Association of Real Estate Brokers 
 
The Texas Association of REALTORS - Answer- Professional organizations specific to the state of Texas would include 
 
real estate attorneys, title companies, surveyors, property insurance companies, and government regulatory officials. - Ans...
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Texas Principles of Real Estate Express Exam
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What kind of professionals manage the legal aspects of a development project? - Answer- Real Estate attorneys, title companies, surveyors, property insurance companies and government regulatory officials 
 
What types of professionals are involved in the transfer of rights and interest in Real Estate? - Answer- Titles companies, Real Estate Brokers/ Sales Persons, Mortgage Brokers, Mortgage Bankers, Appraisers, Insurers 
 
Property is classified into what three types? - Answer- Residential, Comm...
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2023 with 100% correct answers
And that's how you make extra money
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2023 with 100% correct answers
- Exam (elaborations) • 57 pages • 2023
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2023 with 100% correct answers
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Real Estate Express Exam 2 2023 with 100% correct answers
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The formula for calculating simple interest is: - correct answerInterest = principal x rate x time 
 
Add-on interest Annual Percentage Rate (APR) - correct answerAPR= 2*n*IR/P(N+1) 
n: number of payment periods in each year 
IR: total financing charges 
P: principal or amount borrowed 
N: number of scheduled payments 
 
Housing costs include: - correct answerthe principal, interest, taxes and homeowner's insurance (PITI), and also may include some monthly assessments for mortgage insurance and...
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Real Estate Express Exam Prep 2023 with 100% correct answers
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The right to control one's property includes all of the following EXCEPT 
 
1 the right to invite people on the property. 
2 the right to exclude the utilities meter reader. 
3 the right to erect "no trespassing" signs. 
4 the right to enjoy pride of ownership. - correct answerthe right to exclude the utilities meter reader. 
 
This right to enter and work on a property is granted to utility companies (water, sewer, gas and electric) as well as telephone and cable companies. Essentially, if a...
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