- Study guides, Class notes & Summaries

_______ decribes the obligation of a license holder to be knowledgeable as a real estate brokerage practitioner. A.) Fidelity B.) Competency C.) Discriminatory practices D.) Consumer information - Correct Answer B.) Competency A _____ relationship exists when one person acts on behalf of another person from whom he has derived authority. A.) Agency B.) Principal C.) Client D.) Broker - Correct Answer A.) Agency A ______ determines legal property boundaries for p...

-

8 pages

Written in 2024/2025

Grade A+

chaserdreamer

Principles of Real Estate 1 Final Exam Why have the states passed laws that require real estate brokers and sales agents to be licensed? - Answer- To protect the public What year was the TRELA passed? - Answer- 1949 What is the potential fine for acting as a sales agent or broker in Texas without a license? - Answer- $4,000 Who may be a Realtor®? - Answer- A real estate license holder who joins a local board of Realtors What are the 7 sources of law? - Answer- 1. US Constitution ...

-

6 pages

Written in 2024/2025

Grade A+

Freshy

Principles Of Real Estate Ii Practice Exam Newest Version Actual Exam Complete Questions And Correct Detailed Answers (Verified Answers) |Already Graded A+.

5.0

(1)

31 pages

Written in 2023/2024

Grade A+

teachme2expert

Principles of real estate II (Champions) Latest 2024 Already Passed Functional obsolescence Refers to the loss in desirability of the style, layout or function of an element of a property over time Sales comparison best indicator of value for existing properties highest and best use the legal use for property that gives the greatest return in money and/or amenities external obsolescence the loss in value of a property caused by factors outside the property itself principle o...

-

18 pages

Written in 2023/2024

Grade A+

StellarScores

AYPO Real Estate Principles of Real Estate II Exam Study Guide Actual Questions and Answers 2024/2025 with complete solutions

-

2 items

Ascorers

Real estate agents are considered to have which kind relationship with clients? - correct answer-A fiduciary relationship Acting as which of the following is a violation of The Real Estate License Act? - correct answer-Acting as a broker without possessing a valid license issued by the Texas Real Estate Commission Which of the following is a reason to study the aspects of agency and agency law? - correct answer-1. Agents who are well versed in the aspects of the agency roles can project an...

5.0

(1)

8 pages

Written in 2023/2024

Grade A+

Ascorers

If the base side of a triangular plot measures 45' and the height line measures 12', what is the area of the plot in square feet?([b x h] x ½ = A) - correct answer-270 square feet An applicant is allowed to use what electronic devices during the real estate exam? - correct answer-Hand-held calculator Convert the following fraction to a decimal for ease of computation: 31/25 - correct answer-1.24 What is the general formula to determine Capital Gain? - correct answer-Profit from Sale ...

5.0

(1)

14 pages

Written in 2023/2024

Grade A+

Ascorers

Written documents affecting a title to real estate are recorded: A. where the titleholder resides B. where the titleholder has legal residence C. at the county clerk's office where the property is located D. at any county clerk's office in Texas (Ans - C. at the county clerk's office where the property is located A person appointed by a court to settle the estate of a deceased person when the executor cannot perform or refuses to perform is: A. another executor B. a legatee C. an administrato...

-

12 pages

Written in 2023/2024

Examcenter

Principles Of Real Estate Ii Final Exam

-

7 pages

Written in 2023/2024

Grade A+

GEEKA

Principles of Real Estate Final Exam Review Questions and Answers (Latest Update 2024) Verified AnswersPrinciples of Real Estate Final Exam Review Questions and Answers (Latest Update 2024) Verified AnswersPrinciples of Real Estate Final Exam Review Questions and Answers (Latest Update 2024) Verified Answers

-

47 pages

Written in 2023/2024

Grade A+

DoctorKen

Aceable Agent Level 1,2,3 Exam Bundle Questions and Answers(SCORED A+)

-

25 items

IMORA

General Data - ANSWER-information about the area surrounding a property; this could include the city, region, and neighborhood in which the property is situated Specific Data - ANSWER-information regarding the property itself Limited appraisal - ANSWER-a simpler, abbreviated version of a regular appraisal Market Value - ANSWER-the price for which a property will sell if offered openly under normal conditions. This refers to the economic principle; it's the price that a buy and seller w...

-

3 pages

Written in 2023/2024

Grade A+

IMORA

Real Estate Finance Exam Bundle Questions with solved Answers

-

81 items

remojudytask

Functional obsolescence - ANSWER-Refers to the loss in desirability of the style, layout or function of an element of a property over time Sales comparison - ANSWER-best indicator of value for existing properties highest and best use - ANSWER-the legal use for property that gives the greatest return in money and/or amenities external obsolescence - ANSWER-the loss in value of a property caused by factors outside the property itself principle of contribution - ANSWER-suggests the valu...

-

11 pages

Written in 2023/2024

Grade A+

remojudytask

Real Estate Exam Prep (Champions; Texas) Questions and Answers 2024 Champions real estate finance Exam Questions with Verified Answers Real estate Investments / champions Exam Questions with correct Answers Champions Real Estate Finance Exam with complete solutions Champions Real Estate Finance Exam Questions and Answers 2024 Principles of Real Est

-

21 items

Prose1

Functional obsolescence - correct answer-Refers to the loss in desirability of the style, layout or function of an element of a property over time Sales comparison - correct answer-best indicator of value for existing properties highest and best use - correct answer-the legal use for property that gives the greatest return in money and/or amenities external obsolescence - correct answer-the loss in value of a property caused by factors outside the property itself principle of contrib...

-

12 pages

Written in 2023/2024

Grade A+

Prose1

Aceable Agent Exam Bundle(Complete Package) Questions With Complete Solutions!Aceable Agent Exam Bundle(Complete Package) Questions With Complete Solutions!Aceable Agent Exam Bundle(Complete Package) Questions With Complete Solutions!Aceable Agent Exam Bundle(Complete Package) Questions With Complete Solutions!Aceable Agent Exam Bundle(Complete Pac

-

22 items

papersmaster01

Principles of Real Estate II - Final Exam Review Questions With Complete Solutions! Principles of Real Estate II - Final Exam Review Questions With Complete Solutions! Principles of Real Estate II - Final Exam Review Questions With Complete Solutions! Principles of Real Estate II - Final Exam Review Questions With Complete Solutions! Principles of Real Estate II - Final Exam Review Questions With Complete Solutions! Principles of Real Estate II - Final Exam Review Questions With C...

-

5 pages

Written in 2023/2024

Grade A+

papersmaster01

Principles of Real Estate II Final Exam Questions with Complete Solutions Principles of Real Estate II Final Exam Questions with Complete Solutions Principles of Real Estate II Final Exam Questions with Complete Solutions Principles of Real Estate II Final Exam Questions with Complete Solutions Principles of Real Estate II Final Exam Questions with Complete Solutions Principles of Real Estate II Final Exam Questions with Complete Solutions Principles of Real Estate II Final Exa...

-

4 pages

Written in 2023/2024

Grade A+

papersmaster01

Principles of Real Estate II (Course 2)Questions & Answers 100% Correct! Principles of Real Estate II (Course 2)Questions & Answers 100% Correct! Principles of Real Estate II (Course 2)Questions & Answers 100% Correct! Principles of Real Estate II (Course 2)Questions & Answers 100% Correct! Principles of Real Estate II (Course 2)Questions & Answers 100% Correct! Principles of Real Estate II (Course 2)Questions & Answers 100% Correct! Principles of Real Estate II (Course 2)Quest...

-

14 pages

Written in 2023/2024

Grade A+

papersmaster01