Texas real estate Study guides, Class notes & Summaries
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TEXAS REAL ESTATE EXAMS PACKAGE DEAL
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TEXAS REAL ESTATE EXAMS PACKAGE DEAL
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RealEstateU: Texas Real Estate Principles Part 1 Final Exam
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supply - The amount of goods offered for sale within a given market at a given price during a given time period. 
 
General Agent - A property manager is an example of what type of agent? 
 
Special Agent - A real estate agent is an example of what type of agent? 
 
Residential, Commercial, and Industrial - The general uses of real property include the following: 
 
Market Comparison Approach - A means of comparing similar type properties would have recently sold to the subject property is known...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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Texas Real Estate Principles 1 (Practice Exam) 2023.docx
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Texas Real Estate Principles 1 (Practice Exam)
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Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated :Complete Version
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Texas Principles Of Real Estate II Final Exam: Questions 
& Answers: Latest Updated :Complete Version 
 
Texas Principles Of Real Estate II Final Exam: Questions 
& Answers: Latest Updated :Complete Version 
 
Texas Principles Of Real Estate II Final Exam: Questions 
& Answers: Latest Updated :Complete Version
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Texas Auctioneer License Part 2 Exam Questions and Correct Answers
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Texas Auctioneer License Part 2 Exam Questions and Correct Answers 
Name some persons that are exempt from needing an auctioneer license. - CORRECT ANSWERS 1. U.S. court ordered sale 
2. A government sponsored or conducted sale. 
3. A charitable organization as long as no compensation 
4. A sale of real property by a trustee under a security instrument. 
5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all pr...
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Texas Principles of Real Estate 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate
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Texas Principles of Real Estate 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate. Townhomes and single-family homes differ in that ______a common wall. 
(a) townhomes share 
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not 
own the land because of (d) townhomes are retro-commissioned and share 
2. a: Rights that are associated with the ownership of real property are often referred to as the 
owner's: 
(a) Bundle...
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Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+)
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Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) 
Champions School Of Real Estate – FINANCE Exam || Complete Questions & Answers (Graded A+) 
 
The process of creating a new mortgage loan, including all steps taken by a lender to attract and qualify a borrower are _____. - ANSWER - Origination activities 
 
The process of evaluating a borrower's loan application to determine the risk involved for the lender is - ANSWER - Underwriting 
 
Which of the...
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Champions School Of Real Estate Finance 2024 Tested And Verified
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Champions School Of Real Estate 
Finance 2024 Tested And Verified 
Seller's market - CORRECT ANSWER-When supply is low and demand is high 
Buyer's market - CORRECT ANSWER-When supply is high and demand is low 
The process of creating a new mortgage loan - CORRECT ANSWER-Origination 
The detailed process of evaluating a borrower's loan application to determine the risk 
involved for the lender - CORRECT ANSWER-Underwriting 
When there is an excess of money supply in the market - CORRECT ANSW...
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