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Texas Principles of Real Estate II Focus Review Exam with Questions and Answers
Texas Principles of Real Estate II Focus Review Exam with Questions and Answers 
 
Lenders require a borrower to establish and maintain a reserve fund to ______. ANSWER Pay any property taxes in case the borrower misses a payment 
 
Brandon recently purchased an old warehouse building. This building will serve as a hub for local deliveries of fruits and vegetables within the state. During its first week in operation, one of the delivery drivers was involved in an accident that spilled coconuts a...
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- • 42 páginas •
Texas Principles of Real Estate II Focus Review Exam with Questions and Answers 
 
Lenders require a borrower to establish and maintain a reserve fund to ______. ANSWER Pay any property taxes in case the borrower misses a payment 
 
Brandon recently purchased an old warehouse building. This building will serve as a hub for local deliveries of fruits and vegetables within the state. During its first week in operation, one of the delivery drivers was involved in an accident that spilled coconuts a...
Principles of Real Estate II 122 Exam with Questions and Answers
Principles of Real Estate II 122 Exam with Questions and Answers 
 
1. Written documents affecting 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 ANSWER 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 
pe...
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Principles of Real Estate II 122 Exam with Questions and Answers 
 
1. Written documents affecting 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 ANSWER 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 
pe...
Texas Real Estate Principles 1 Exam Study Material with Questions and Answers
Texas Real Estate Principles 1 Exam Study Material with Questions and Answers 
 
Trec Commision Membership ANSWER 9 Members (6 brokers, 3 public) appointed by governor. They serve 6 year staggered term. 
 
Texas Real Estate Borker Lawyer Committee ANSWER 13 Members (6 brokers, 6 lawyers, 1 public) 
 
General Eligibility Requirements to be Licensed by TREC ANSWER 18 years old 
a US citizen or lawfully admitted alien 
resident of the state 
 
A certificate is required seperate of the license when ...
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Texas Real Estate Principles 1 Exam Study Material with Questions and Answers 
 
Trec Commision Membership ANSWER 9 Members (6 brokers, 3 public) appointed by governor. They serve 6 year staggered term. 
 
Texas Real Estate Borker Lawyer Committee ANSWER 13 Members (6 brokers, 6 lawyers, 1 public) 
 
General Eligibility Requirements to be Licensed by TREC ANSWER 18 years old 
a US citizen or lawfully admitted alien 
resident of the state 
 
A certificate is required seperate of the license when ...
AYPO Real Estate Principles of Real Estate II Exam Study Guide with Q and A
AYPO Real Estate Principles of Real Estate II Exam Study Guide with Q and A 
 
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) ANSWER 270 square feet 
 
An applicant is allowed to use what electronic devices during the real estate exam? ANSWER Hand-held calculator 
 
Convert the following fraction to a decimal for ease of computation: 31/25 ANSWER 1.24 
 
What is the general formula to deter...
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AYPO Real Estate Principles of Real Estate II Exam Study Guide with Q and A 
 
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) ANSWER 270 square feet 
 
An applicant is allowed to use what electronic devices during the real estate exam? ANSWER Hand-held calculator 
 
Convert the following fraction to a decimal for ease of computation: 31/25 ANSWER 1.24 
 
What is the general formula to deter...
Principles of Real Estate 1 Final Exam with Complete Solutions
Principles of Real Estate 1 Final Exam with Complete Solutions 
 
If a real estate salesperson closes on a transaction, who pays the salesperson their commission? ANSWER The salesperson's sponsoring broker 
 
A means of comparing similar type properties, which have recently sold, to the subject property is known as the? ANSWER Market Comparison Approach 
 
The market comparison approach is commonly used for this property type? ANSWER Residential 
 
The amount of goods offered for sale within ...
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Principles of Real Estate 1 Final Exam with Complete Solutions 
 
If a real estate salesperson closes on a transaction, who pays the salesperson their commission? ANSWER The salesperson's sponsoring broker 
 
A means of comparing similar type properties, which have recently sold, to the subject property is known as the? ANSWER Market Comparison Approach 
 
The market comparison approach is commonly used for this property type? ANSWER Residential 
 
The amount of goods offered for sale within ...
Texas Principles of Real Estate 2 Champions Exam with Q and A
Texas Principles of Real Estate 2 Champions Exam with Q and A 
 
appraisal ANSWER defined as an appraiser's opinion of value. 
 
Loan-to-Value Ratio (LTV) ANSWER is the percentage of value or sales price that a lender is willing to finance. 
 
Principle of Substitution ANSWER According to this principle, a commodity's value is influenced by the cost of acquiring a substitute or comparable item. 
 
Principle of Regression ANSWER The presence of lower-priced properties in the area will cause...
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Texas Principles of Real Estate 2 Champions Exam with Q and A 
 
appraisal ANSWER defined as an appraiser's opinion of value. 
 
Loan-to-Value Ratio (LTV) ANSWER is the percentage of value or sales price that a lender is willing to finance. 
 
Principle of Substitution ANSWER According to this principle, a commodity's value is influenced by the cost of acquiring a substitute or comparable item. 
 
Principle of Regression ANSWER The presence of lower-priced properties in the area will cause...
Texas Pre-License Principles of Real Estate II Practice Exam Questions and Answers
Texas Pre-License Principles of Real Estate II Practice Exam Questions and Answers 
 
What is a property manager's primary duty? ANSWER A property manager's primary or overriding responsibility is to protect the property owner's investment and maximize the owner's return on that investment. 
 
What are restrictive covenants? ANSWER Restrictive covenants are non-governmental limitations that control how buyers of lots within residential subdivisions use their land. Some restrictions e...
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Texas Pre-License Principles of Real Estate II Practice Exam Questions and Answers 
 
What is a property manager's primary duty? ANSWER A property manager's primary or overriding responsibility is to protect the property owner's investment and maximize the owner's return on that investment. 
 
What are restrictive covenants? ANSWER Restrictive covenants are non-governmental limitations that control how buyers of lots within residential subdivisions use their land. Some restrictions e...
Texas Principles of Real Estate II Final Exam Study Guide with Questions and Answers
Texas Principles of Real Estate II Final Exam Study Guide with Questions and Answers 
 
What is the name of the sworn statement in which the seller assures the title company (and the buyer) that there are no liens, unpaid bills for repairs or improvements, or undisclosed defects in the title? ANSWER affidavits as to debts and liens 
 
Tax incentives that cover the cost of energy-efficient improvements, EEMs, and Energy Star-qualified homes are examples of: ANSWER green initiatives 
 
Which of th...
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Texas Principles of Real Estate II Final Exam Study Guide with Questions and Answers 
 
What is the name of the sworn statement in which the seller assures the title company (and the buyer) that there are no liens, unpaid bills for repairs or improvements, or undisclosed defects in the title? ANSWER affidavits as to debts and liens 
 
Tax incentives that cover the cost of energy-efficient improvements, EEMs, and Energy Star-qualified homes are examples of: ANSWER green initiatives 
 
Which of th...
Texas Principles of Real Estate II Exam Study Set with Questions and Answers
Texas Principles of Real Estate II Exam Study Set with Questions and Answers 
 
Mixed Numbers ANSWER A number containing both a whole number and a fraction (examples: 1⅓; 9⅞) 
 
Improper Fractions ANSWER a fraction with its numerator equal to or greater than its denominator 
 
Commission Calculation ANSWER Sales price X rate of commission = total commission 
 
Solving for the Commission Rate ANSWER Commission Rate = Commission ÷ Price 
 
Solving for the Property's Price ANSWER Price = Co...
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Texas Principles of Real Estate II Exam Study Set with Questions and Answers 
 
Mixed Numbers ANSWER A number containing both a whole number and a fraction (examples: 1⅓; 9⅞) 
 
Improper Fractions ANSWER a fraction with its numerator equal to or greater than its denominator 
 
Commission Calculation ANSWER Sales price X rate of commission = total commission 
 
Solving for the Commission Rate ANSWER Commission Rate = Commission ÷ Price 
 
Solving for the Property's Price ANSWER Price = Co...
AAMS Final Exam Study Guide with Complete Solutions 2025
AAMS Final Exam Study Guide with Complete Solutions 2025 
 
Jim Crow ANSWER A gradual development; laws written to separate blacks and whites in public areas/meant African Americans had unequal opportunities in housing, work, education, and government 
 
Racial etiquette ANSWER strict rules of behavior expected from blacks in the presence of whites; a way white southerners maintained dominance after slavery 
 
Booker T. Washington ANSWER Prominent black American, born into slavery, who believ...
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AAMS Final Exam Study Guide with Complete Solutions 2025 
 
Jim Crow ANSWER A gradual development; laws written to separate blacks and whites in public areas/meant African Americans had unequal opportunities in housing, work, education, and government 
 
Racial etiquette ANSWER strict rules of behavior expected from blacks in the presence of whites; a way white southerners maintained dominance after slavery 
 
Booker T. Washington ANSWER Prominent black American, born into slavery, who believ...
Hondros 212 Exam 2 with Questions and Answers
Not nearly enough information for 10$ 37 questions with answers out of 70 with repeating information :/
ATI Fundamentals - Chapter 41 - Pain Management Questions and Answers
Radiography for Vet Tech Penn Foster Exam with Complete Solutions
ATI Mental Health Bipolar Disorder Exam with Questions and Answers
ATI Chapter 23: Medications for Bipolar Disorders Exam with Questions and Answers