Texas Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate

Texas Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate. The agreement between a broker and a client is most often a(n) __________ agency relationship. (a) Special (b) General (c) Universal (d) Sub 4. a: A professional association whose local affiliates own and operate MLS systems throughout the United States is the: (a) NAR (b) CCIM (c) BOMA (d) ICSC 5. a: The concept behind the government survey system is the ________ of a grid on top of the land. (a) overlay (b) metes and bounds (c) coordinates (d) leaps and bounds 6. a: You can use the acronym ____________ to remember the five essential elements of a valid and enforceable contract. (a) COLIC (contractual capacity, offer and acceptance, legality of object, In writing & signed, and Consideration) (b) COLLIE (c) EOVEC (d) OLDCAR (obedience, loyalty, disclosure, confidentiality, accountability, and Reasonable care/diligence)