Texas real estate law Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about Texas real estate law? On this page you'll find 1334 study documents about Texas real estate law.
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principal of real estate 1 final exam with 100% correct answer
- Exam (elaborations) • 17 pages • 2023
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One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): 
 
A) attorney-in-fact 
B) broker with a listing 
C) special agent 
D) attorney-at-law 
attorney-in-fact 
 
 
 
No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: 
 
A) township 
B) section 
C) scarcity 
D) nonhomogeneity 
nonhomogeneity 
 
 
 
The five essential elements that make a contract valid are: comp...
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Texas Real Estate Law - SAE Champions School Of Real Estate-with 100% verified solutions
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Texas Real Estate Law - SAE Champions School Of Real Estate-with 100% verified solutions
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Real Estate Brokerage SAE - Champion's School of Real Estate| 291 questions and answers
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Search Engine Optimization (SEO) 
The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. 
 
 
 
Fcebook Live 
Video streaming through facebook. 
 
 
 
CoStar Database 
Functions much like a residential MLS, connecting commercial agents with brokerages, owners, lenders, property managers, appraisers, and investors. 
 
 
 
Virtual Reality (VR) 
A computer-generated image or environment that c...
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE. Which of the following is not a characteristic of value of land? (type out the answer) 
-Demand -Utility -Scarcity -Taxes -Transferability? taxes 
 How do you calculate Tax? tax rate x assessed value 
 form of ownership used by married couples who do not live in a state with community 
property-has downer and curtesy rights? Tenancy by entirety 
 two or more people acquire property but ownership is not equal? Tenants in common 
...
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Law of Contract Final exam
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This generally refers to a governmental entity's legal authority to force a private landowner to sell his or her real property for public use. 
 
 A) Condemnation 
 B) Taxation 
 C) Police power 
 D) Eminent domain - Answer- D) Eminent domain 
 
Precedents are determined by: 
 
 A) Statutory Law 
 B) Case law 
 C) TRELA 
 D) DTPA - Answer- Wrong A) Statutory Law? 
 
This estate may be terminated at will of either party. It has no duration limitation. 
 
 A) Estate at will 
 B) Estate from perio...
Too much month left at the end of the money?
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Aceable Law of Agency Review Exam Questions with 100% Correct Answers
- Exam (elaborations) • 11 pages • 2024
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Aceable Law of Agency Review Exam 
Questions with 100% Correct Answers 
Here are the four major types of agency acts: - answerListing 
Buying 
Leasing 
Property Management 
TREC's purpose is to - answerregulate educational and licensing programs that maintain 
standards AND interpret legislation that affects the real estate profession — primarily the Texas 
Real Estate License Act (TRELA). 
Integrity - answerSatisfy to the commission (TREC) that the candidate meets and exceeds 
their characte...
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TREC Promulgated Contract Forms #351 Final Exam 2023
- Exam (elaborations) • 13 pages • 2023
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In the State of Texas who is allowed to use a customized real estate contract? 
The real estate brokerage company 
The salesperson 
The broker 
Lawyers licensed to practice in Texas - Answer- Lawyers licensed to practice in Texas 
 
Marcy is 17 and married. Her spouse is stationed in the Middle East. She purchased a home shortly before Stan, her husband returns to the United States. Select a problem that exists with this situation. 
Offer and acceptance issue 
Competency issue 
Consideration iss...
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Champion School of Real Estate-Law of Contracts Exam with Complete Solutions
- Exam (elaborations) • 11 pages • 2023
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Champion School of Real Estate-Law of Contracts Exam with Complete Solutions 
 
Texas Real Estate Commission - ANSWER TREC-created by the Legislature in 1949. 9 member commission whose primary purpose is to carry out the provision of the License Act 
 
Real Estate Recovery Trust Account - ANSWER administered by TREC. the purpose of the account is to protect aggrieved individuals who suffer monetary loss due to illegal acts of license holders 
 
unlawful practice of law - ANSWER license holder is...
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Texas SAE Real Estate Law Questions and Answers 100% Accurate 2024
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Texas SAE Real Estate Law
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Texas Real Estate Principles 1 - Unit 1 Exam questions and answers latest top score.
- Exam (elaborations) • 6 pages • 2023
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Texas Real Estate Principles 1 - Unit 1 Exam questions and answers latest top score. 
 
 
 
 
 
 
 
 
 
 
The Committee has _____ members appointed by the Commission. - correct answers.12 
 
The __________ is a statute that is administered and enforced by the Texas Real Estate Commission (TREC), which is a state agency. - correct answers.Real Estate License Act 
 
A successful career in real estate requires someone to: - correct a self-started. 
 
A peak is characterized as the __________ turni...
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