Contracts with a person who lacks mental capacity can be - correct answer either void or voidable
Community property is a concept of - correct answer
... [Show More] Spanish law, and marriage is regarded as a partnership.
Intermediary Without Appointments. - correct answer an agent will have the opportunity to sell their own listing.
Oil and gas companies employ - correct answer a large number of individuals with a real estate background.
The NFIP - correct answer offers flood insurance
The NFIP offers flood insurance to - correct answer homeowners, renters, and business owners
The vast majority of homes built in the United States are - correct answer site built.
When a condominium is sold, three interests are created: - correct answer fee simple ownership of the unit, fee simple ownership in an undivided interest in the common areas, and an easement to the airspace occupied by the unit.
The Bureau [CFPB] is responsible for enforcing - correct answer federal consumer financial law
To convert 152,460 square feet of land: - correct answer 152,460 / 43,560 = 3.5
Exclusive agency agreements - correct answer list their properties with a broker, primarily to expose their properties through the multiple listing service
Easements may be created by - correct answer grant, reservation, implied grant, prescription, necessity, condemnation.
The Texas Real Estate Commission consists of - correct answer of nine members and three members who represent the public.
cooperative sale with single buyer representation - correct answer If the buyer purchases a property listed by another firm
If the buyer purchases a property listed by another firm, - correct answer The listing firm represents the seller, and the selling firm represents the buyer
Community property - correct answer marriage is regarded as a partnership.
Mutual Consent - correct answer Offer and Acceptance
An estate in severalty - correct answer involves ownership of real estate by one individual or entity.
Real estate brokers recommend this listing - correct answer grants an exclusive right to sell the property during the listing term.
exclusive right to sell - correct answer A commission is paid even if the property is sold by the owner
TREC has promulgated sales contract forms for most residential properties including - correct answer One-to-Four Family Residential Contract (Resale), New Home Contract (Incomplete Construction), New Home Contract (Completed Construction), Unimproved Property Contract, Residential Condominium Contract (Resale), Farm and Ranch Contract.
Liens can be - correct answer specific or general [Show Less]