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Examen
Aceable Final Exam Study Terms &Lpar;Ga Exam Questions With Verified Answers
ACEABLE FINAL EXAM STUDY TERMS 
(GA EXAM QUESTIONS WITH VERIFIED 
ANSWERS 
what is one way a co-op sales contract differs from the sales contract for a single-family home? 
- answerthe co-op sales contract includes a section detailing what the buyer must do it they 
hope to gains the corporations board approval (One of the most important differences is that 
purchasing cooperative shares requires the approval of the corporation. So the co-op sales 
contract includes a section detailing what the ...
Examen
Aceable Exam 1 Practice Questions with 100% Correct Answers
Aceable Exam 1 Practice Questions with 
100% Correct Answers 
Which of these illustrates a person exercising their surface rights? 
a. Lena builds a yoga shed in her backyard 
b. Laurence sells the right to extract gas from underneath his property to the energy company 
c. Leticia drills a well to access the subsurface water on her property 
d. Lou goes wakeboarding in the lake that abuts his property - answerA 
Who holds title and manages the property in a trust? - answertrustee 
What type of e...
Examen
Aceable Exam 1 Questions and Answers 100% Verified
Aceable Exam 1 Questions and Answers 
100% Verified 
For a listing agreement to be enforceable in court, it MUST be: - answerin writing 
Michael is a listing agent in an agency agreement where the seller has agreed to give him any 
money he receives in the sale of the house that is over $200,000. Which of the following BEST 
describes which agency agreement this is an example of? - answernet listing 
When should the listing agent give the seller a blank copy of the Seller's Disclosure of Proper...
Examen
Aceable Agent Texas Real Estate Principles I Exam Questions and Answers 100% Verified
Aceable Agent Texas Real Estate Principles I 
Exam Questions and Answers 100% Verified 
Broker's Price Opinion (BPO) - answerA broker's price opinion is the process used by a hired 
sales agent to determine the potential selling price or estimated value of a real estate property 
Closing - answerThe completion of a real estate transaction in which the buyer receives 
ownership and the seller receives the contract amount 
Comparative Market Analysis (CMA) - answerA report comparing the prices o...
Examen
Aceable Agent: Real Estate Principles: Review Questions and Answers 100% Verified
Aceable Agent: Real Estate Principles: 
Review Questions and Answers 100% 
Verified 
The Real Estate Law is found in 
A. The Licensing Code 
B. The Business and Professions Code 
C. The Health and Safety Code 
D. The Corporations Code - answerB. Business and Professions Code 
The Real Estate Commissioner reports to 
a. the California Bureau of Real Estate. 
b. the governor. 
c. the Department of Housing and Urban Development. 
d. the legislature. - answerB. the governor 
A salesperson owns 25% o...
Examen
Aceable Agent Principles of Real Estate II Level 6 Real Estate Investments Summary Exam Questions with 100% Correct Answers
Aceable Agent Principles of Real Estate II 
Level 6 Real Estate Investments Summary 
Exam Questions with 100% Correct Answers 
Appreciation - answerThe increase in the value of a property is called _______. 
Operating Statement - answerAn _______ is used to determine the cash flow potential of a 
property. 
Risk - answer_______ is the potential for loss or an undesired outcome. 
After-tax Cash Flow - answerThe_______ is the bottom-line statistic provided by an 
operating statement. 
Real Estate ...
Examen
Aceable Agent Principles of Real Estate 2 Practice Test Exam Questions with 100% Correct Answers
Aceable Agent Principles of Real Estate 2 
Practice Test Exam Questions with 100% 
Correct Answers 
What is investment gain? - answeran increase in property value due to active and 
purposeful developments or improvements 
Ben has recently purchased a policy for title insurance. Two weeks after making his purchase, it 
is revealed that there were unknown liens attached to the title. What is TRUE of this situation? - 
answerAny problems that arise after policy purchase are not covered. 
Which of ...
Examen
Aceable Agent Principles of Real Estate 2 Key Terms Exam Questions with 100% Correct Answers
Aceable Agent Principles of Real Estate 2 
Key Terms Exam Questions with 100% 
Correct Answers 
Profit - answera financial gain or increase in value. 
Loss - answera financial loss or decrease in value. 
Interest - answermoney repaid regularly at a specified rate as compensation for money 
lent. 
Principal - answerthe amount lent to a borrower to purchase a house. 
Mortgage - answera secured loan that is tied to real estate, where the borrower has to pay 
the money back to the lender on a set sc...
Examen
Aceable Agent Principles of Real Estate 2 Exam Questions with Correct Answers
Aceable Agent Principles of Real Estate 2 
Exam Questions with Correct Answers 
Amortization - answerThe repayment of a loan principle over time 
Arrears - answerPayment for an item or service after it's received 
Down Payment - answerThe initial payment made when buying something on credit, a 
____________ is paid directly by the buyer to the seller 
Proration - answerThe allocation or distribution of an annual expense across smaller chunks 
of time 
Acreage - answerA unit of measurement used ...
Examen
Aceable Agent Principles 1 study notes for final exam Questions with Correct Answers
Aceable Agent Principles 1 study notes for 
final exam Questions with Correct Answers 
approved forms - answerauthorized by TREC and CAN be used. 
Promulgated Forms - answerauthorized by TREC and MUST be used 
Cloud - answerEncumbrance on title to a property which affects transferability 
Immobility - answerLand cannot be moved 
Misrepresentation - answerstating an untrue fact unintentionally 
Real property - answerland and anything attached to it 
Situs - answersignificance of a property's loc...
Examen
Principles of Real Estate 2 Practice Test Aceable Exam Questios with 100% Correct Answers
Principles of Real Estate 2 Practice Test 
Aceable Exam Questios with 100% Correct 
Answers 
REO - answerWhat term describes a property that is owned by a lender because a third- 
party buyer couldn't be found at a foreclosure auction? 
Real Estate Mortgage Investment Conduit (REMIC) - answerA type of SPV that holds 
commercial and residential mortgages in trust, assembles said mortgages into pools based on 
risk, and issues bonds (securities) on these pools to sell to investors in the secondar...
Examen
Aceable Agent: Real Estate Principles: Review Questions and Answers 100%
Aceable Agent: Real Estate Principles: Review Questions and Answers 100%
Examen
Aceable Agent - Level 9 Texas Real Estate License Act Exam 2024
Aceable Agent - Level 9 Texas Real Estate License Act Exam
Examen
Aceable Agent - Principles of Real Estate II Exam Notes Questions and Answers
Aceable Agent - Principles of Real Estate II Exam Notes
Examen
Aceable Agent - Texas Pre-License - Principles of Real Estate I Exam Questions and Answers
Aceable Agent - Texas Pre-License - Principles of Real Estate I
Examen
Aceable Agent - Texas Real Estate 1 Practice Test- Answered
Aceable Agent - Texas Real Estate 1 Practice Test
Examen
Aceable Agent Exam with correct Answers 100%
Aceable Agent Exam with correct Answers
Examen
Aceable Agent Key Terms Level 1Exam Questions and Answers
Aceable Agent Key Terms Level 1Exam Questions and Answers
Examen
Aceable Agent Level 1Exam Questions and Answers
Aceable Agent Level 1Exam Questions and Answers
Examen
Aceable agent Pre-licensing test review questions and answers
Aceable agent Pre-licensing test review