EAB Study guides, Class notes & Summaries
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Aceable Agent Texas Real Estate Principles I 	Question and answer 100% correct 2023
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Aceable Agent Texas Real Estate Principles I 	Question and answer 100% correct 2023Broker's Price Opinion (BPO) 
A 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 
The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount 
 
 
 
Comparative Market Analysis (CMA) 
A report comparing the prices of sold homes that ...
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Aceable Agent - Promulgated Contracts Exam with complete solutions
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VOID - Answer- A contract that has no legal effect. 
 
VOIDABLE - Answer- When one or more of the parties has the authority to rescind the contract. It appears to be valid, but one party may disaffirm because they are a minor, were subject to duress, or a victim of fraud or misrepresentation. 
 
STATUTE OF FRAUDS - Answer- A law that requires real estate contracts be in writing is the ______________________? 
 
PAROLE EVIDENCE RULE - Answer- Prevents a party to a written contract from presenting...
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Aceable Agent Finals Exam Questions And Correct Answers
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Aceable Agent Finals Exam 
Questions And Correct 
Answers 
C. client - ANSWER A real estate agent works exclusively with buyers. They have 
chosen a specialization that focuses on the: 
A. geographical area 
B. commission split 
C. client 
D. property type 
C. sales prices are more negotiable for buyers - ANSWER Which of the following 
describes a buyers market? 
A. It's likely a seller can easily sell a home for more than the listing price 
B. Sellers are less likely to have to pay for clo...
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Aceable Agent: Real Estate Principles: Actual Exam Questions And Correct Answers | Latest Update
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Aceable Agent: Real Estate 
Principles: Actual Exam Questions 
And Correct Answers | Latest 
Update 
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 - ANSWER B. 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. - ANSWER B. the governor ...
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Aceable Agent: Real Estate Principles exam 2023 with 100% correct answers
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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 - correct answer -B. 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. - correct answer -B. the governor 
 
A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the bro...
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A Package Deal For Aceable Agent Real Estate Exams Questions And Answers |100% Correct |Verified |Guaranteed Success
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Aceable Agent: Real Estate Principles: Review Questions And Answers Already Passed
Aceable Agent Texas Real Estate Principles I Test With Complete Solutions A+ Graded
Aceable Agent Exam Questions With Complete Solutions To Score A+
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NCLEABO EXAM BUNDLE PACK WITH COMPLETE SOLUTIONS
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NCLEABO EXAM BUNDLE PACK WITH COMPLETE SOLUTIONS
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Aceable Agent - Principles of Real Estate BUNDLED Exam 2023 with 100% correct answers
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Aceable Agent - Principles of Real Estate II Exam 2023 with 100% correct answers
Aceable Law of Agency Review exam 2023 with 100% correct answers
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Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023
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Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/ TOTAL 
Formulas to calculate commission? 
 
 
 
PRINCIPAL 
What is the term that describes the money that is lent? 
 
 
 
CASH TO CLOSE 
Down payment minus earnest money? 
 
 
 
TOTAL SALES PRICE 
Loan payment + loan principal? 
 
 
 
ORIGINATION POINTS 
Loan points/fees charged 1% to compensate loan officers for underwriting and administering...
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Aceable Agent - Principles of Real Estate II Exam 2023 with correct answers
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TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/ TOTAL correct answersFormulas to calculate commission? 
 
PRINCIPAL correct answersWhat is the term that describes the money that is lent? 
 
CASH TO CLOSE correct answersDown payment minus earnest money? 
 
TOTAL SALES PRICE correct answersLoan payment + loan principal? 
 
ORIGINATION POINTS correct answersLoan points/fees charged 1% to compensate loan officers for underwriting and administering the loan. 
 
DISCOUNT POINTS ...
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