Texas Real Estate Principles Tests Compilation Bundle $40.45 Add To Cart
14 Items
What does the denominator show? correct answer: Tells how many total parts there are What should you do to convert fractions to decimals? correct answe... [Show More]
Which of the following is an area of a real estate brokers job that requires mathematics A. Commissions from Property Sales B. Mortgage interest C. A... [Show More]
A mixed number has both a fraction and a: correct answer: whole number Which of the following must be prorated or divided proportionately between the b... [Show More]
Simple Interest Formula correct answer: = principal x rate x time Example: interest on $3k loan at 7% for one year = 3000 x .07 x 1 Simple Interest c... [Show More]
The liquidation of a financial obligation on an installment basis is referred to as...? Buy-down Discounting Amortization None of the above correct ans... [Show More]
1. Real property can be acquired or conveyed via correct answer: transfer wills and trust intestate succession adverse possession by natural causes ... [Show More]
Which act was passed to regulate appraisal? correct answer: in 1989, Congress passed the Financial Institutions Reform, Recovery and Enforcement Act (FIRR... [Show More]
If a real estate salesperson closes on a transaction, who pays the salesperson their commission? correct answer: The salesperson's sponsoring broker A ... [Show More]
Under what conditions can a supervising broker appoint a license holder associated with the broker to represent one party to a real estate transaction? cor... [Show More]
The business of bringing buyers and sellers together and assisting in negotiations for the terms of sale of real estate. correct answer: brokerage A pe... [Show More]
Apartment Locator correct answer: a real estate license holder who locates dwelling units for prospective tenants Tenant correct answer: one who posse... [Show More]
The business of bringing buyers and sellers together and assisting in negotiations for the terms of sale of real estate is known as...? Agency Brokerag... [Show More]
Salesperson's Sponsoring Broker correct answer: a real estate salesperson closes on a transaction, who pays the salespersons commission? General Agent ... [Show More]
The approach used as the best indicator of value for existing properties. a. functional obsolescence b. sales comparison c. highest and best use d. m... [Show More]
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