TX 30 Hour Principles of Real Estate I Exam Questions and answers already passed

TX 30 Hour Principles of Real Estate I Exam Questions and answers already passed A portion of Lance's property can be used by the local utility company to maintain its power lines. What is this an example of? - correct answer Easement Several brokerages in a certain area agree to stop running advertisements in a local publication. What type of antitrust violation is this? - correct answer Group boycotting Homestead exemptions ______ property taxes for all homeowners by protecting a certain amount of a Texas home's value from tax. - correct answer Decrease What is the length of the statute of limitations to file a fair housing complaint with HUD? - correct answer One year Lewis and Elliot started a real estate investment business together. After much discussion with their attorney, they decided to incorporate, but in such a way that they are treated like a partnership and don't have to pay corporate taxes. What form of business do they have? - correct answer Subchapter S corporation Which of the following is a true statement about the Texas seller's disclosure of property condition law? - correct answer It requires sellers of single-family residential properties to disclose material facts to buyers. Novation is... - correct ans