Principles of Real Estate 1 Exam With 100% Correct Answers 2024

Principles of Real Estate 1 Exam With 100% Correct Answers 2024 The purpose of the Texas real estate license act is - answerTo protect the public again on scrupulous brokers and salesman Climate views axis to natural re-creating good schools and job opportunities are some factors that contribute to the desirability of land in particular locations these factors best describe - answerSitus When real property is sold - answerPictures remain with the property Emblements are - answerA.A personal property B. annually cultivated crops C. attached to the land What is often considered the most important test of a fixture - answerIntention of the parties All of these are factors which can affect insurance premiums EXCEPT: - answerPolicyholders age The main distinction between a townhome and a single family home is that: - answerTownhomes Share a common wall (party wall) Homeowners insurance can protect the policyholder from an expected losses including: - answer1. Fire 2. vandalism 3. personal liability When an agent is authorized to carry out the affairs of a business for another this is: - answerGeneral agency The duties of an agent include - answerLoyalty, confidentiality and disclosure One who represents another from Whom he has derived right authority is called: - answerAn agent A licensee who represents a party must disclose this representation - answerAt first contact The duties of a broker in a fiduciary do NOT include: - answerTrust The IABS form is used: - answerTo provide agency information to customers Appointed associates under an intermediary may: - answerGive advice and opinions to their respective parties Taking buyers to or away from a particular area based on any of the protected category categories under fair housing law is called - answerSteering The Civil rights act of 1968 does NOT offer protection for discrimination based on: - answerOccupation The federal fair housing Act provide for both civil and criminal penalties - answerFalse The penalties for violation of the fair housing act are: - answerUp to 75,000 for the first violation and up to 150,000 subsequent violations The law requiring the ease of access and