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Principles Of Real Estate II Final Exam (70 Questions) With 100% Correct And Verified Answers

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8 pages

Written in 2024/2025

Grade A+

Vendarsol

Real Estate Bundled Exam Questions with Verified Answers Latest Update (2024/2025) Graded A+

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10 items

TutorJosh

Real Estate Bundled Questions and Answers Latest Update (2024/2025) 100% Pass

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2 items

TutorJosh

Principles of Real Estate Questions and Answers Chapter 2 The area of a triangle is calculated by? - Answers 1/2 base x height Real Estate agents work with two major subjects that deal with mathematical equations to effectively deal with? - Answers land and money A tax imposed on profits gained from the sale of capital assets is called? - Answers Capital Gains Tax 5/8 converted to a decimal = - Answers 0.625 Annual net capital gains is calculated as: - Answers annual net long term capital g...

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9 pages

Written in 2024/2025

Grade A+

TutorJosh

Principles of Real Estate II

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4 pages

Written in 2024/2025

Grade A+

edunurse

Principles of Real Estate II Module 1 Test

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3 pages

Written in 2024/2025

Grade A+

edunurse

Principles of real estate II (Champions)

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6 pages

Written in 2024/2025

Grade A+

edunurse

Principles of Real Estate II

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9 pages

Written in 2024/2025

Grade A+

edunurse

Principles of Real Estate II Practice Test

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8 pages

Written in 2024/2025

Grade A+

edunurse

Principles of Real Estate II Final Exam

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5 pages

Written in 2024/2025

Grade A+

edunurse

Of the 167,625,000 acres of land in Texas, 1.92% is owned by the state and/or federal government, ranking Texas _______ of the 50 states. - ANSWER 47 A CMA is what? - ANSWER Comparative Market Analysis A county clerk who accepts electronic documents for recording is required to do: - ANSWER continue to accept paper documents, and place entries for paper documents and electronic documents in the index. The minimum general requirements for an instrument to qualify as a deed in Texas i...

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6 pages

Written in 2024/2025

Grade A+

papersbyjol

1. An owner's agent is showing a buyer an apartment building. The buyer notices water stains on the ceiling, and informs the agent. The agent's best course of action is to - ANSWER d) inform the seller. 2. An agent owes customers several duties. These may be best described as - ANSWER d) honesty, diligence, and skill. 3. An agent fails to discover flood marks on the walls in the basement of a property. The agent sells the property, and the buyer later sues the agent for failing to ment...

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7 pages

Written in 2024/2025

Grade A+

papersbyjol

Geraldine runs a credit report on William, an applicant wishing to become a tenant in one of her units. Based on William's credit report, Geraldine decides to reject William's application. The Fair Credit Reporting Act states Geraldine MUST:** - ANSWER give William the name of the credit reporting agency used Which of the following is FALSE about a sales comparison approach? - ANSWER A sales comparison approach does NOT utilize the principle of contribution If a landlord wishes to char...

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18 pages

Written in 2024/2025

Grade A+

papersbyjol

Which act was passed to regulate appraisal? - ANSWER in 1989, Congress passed the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA) in response to the savings and loan crisis. What does Title XI of FIRREA require? - ANSWER competent individuals whose professional conduct is properly supervised to perform all appraisals in federally-related transactions. January 1, 1993 FIRREA - ANSWER federally-related appraisals must be performed only by state-certified appraisers. ...

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20 pages

Written in 2024/2025

Grade A+

papersbyjol

Rate - ANSWER The cost per unit. 3 Factors in a percentage problem - ANSWER 1. Amount paid is the amount invested. 2. Rate (%) is the percentage. 3. Amount made is the amount earned. Amount ____ is the amount invested - ANSWER Paid Amount paid is the amount______ - ANSWER invested Rate (%) is the _____ - ANSWER percentage ____ is the percentage - ANSWER rate In percentage problems, one of three factors is missing. There are three rules for finding the missing factor: -...

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35 pages

Written in 2024/2025

Grade A+

papersbyjol

A tenant's personal belongings in apartments may be insured by - ANSWER Obtaining renter's insurance Which of the following about a holographic will is FALSE? - ANSWER It can NOT be changed Which of the following BEST describes why RESPA was passed? - ANSWER To ensure meaningful disclosure of closing costs in a real estate transaction Ricky, a borrower, has a mortgage loan that has just been bought by a new investor. Ricky panics, as his loan conditions are bound to change with the...

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5 pages

Written in 2024/2025

Grade A+

papersbyjol

1. The ______________ is the most active in the regulation of real estate licensees. - ANSWER d) state government 2. Which of the following is necessary for a deed of conveyance to be valid? - ANSWER b) The deed must be in writing 3. The primary distinction between the legal concepts of real estate and real property is that - ANSWER a) real property includes ownership of a bundle of rights. 4. An applicant for a salesperson license must - ANSWER c) have a finger printing and backgro...

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7 pages

Written in 2024/2025

Grade A+

papersbyjol

Principles of Real Estate II Final Exam Questions And AnswersPrinciples of Real Estate II Final Exam Questions And AnswersPrinciples of Real Estate II Final Exam Questions And AnswersPrinciples of Real Estate II Final Exam Questions And AnswersPrinciples of Real Estate II Final Exam Questions And AnswersPrinciples of Real Estate II Final Exam Questions And AnswersPrinciples of Real Estate II Final Exam Questions And AnswersPrinciples of Real Estate II Final Exam Questions And AnswersPrinciples o...

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3 pages

Written in 2024/2025

Grade A+

Wisdoms

Principles of Real Estate 1- Texas: The CE Shop Exam Questions and Answers 100% Pass Which one of the following terms refers to the dimensions, physical features, and contours of the land? - Topography Justin decided to build a privacy fence around his yard. He thought the fence was along the property line, but it turns out he built it one foot inside his neighbor's property. What will an inspector document as existing on the neighboring property? - Encroachment The term "real estate...

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251 pages

Written in 2024/2025

Grade A+

NinjaNerd

Principles of Real Estate in Texas 1 Final Exam Questions with 100% Correct Answers Is the Texas Association of real estate inspectors it is primarily responsible for - Enhancing the education and development of professional property inspections What is the classification of a warehouse property that has a number of unauthorized condominium unit conversions? - Industrial In Texas real estate, license act is administrated by - The Texas real estate commission The legal rights of propert...

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11 pages

Written in 2024/2025

Grade A+

NinjaNerd