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Video Title / CaptionPdf Download Free Real Estate And Study Games About Tx Real Estate Exam Questions Actual Qs And Ans Expert Verified Explanation This Exam Contains: Guarantee Passing Score 314 Questions And Answers Format Set Of Multiple Choice Expert Verified Explanation Question 1: Executor Answer: Party Dies With A Will And Has An Appointed Person To Oversee Their Estate Question 2: How Long Under Civil Rights Act Of 1968 Does A Person Who Has Been Discriminated Against Have To File A Complaint? Answer: No More Than 2 Years From The Date Of The Incident Question 3: What Takes Precedence, Statutory Intermediary Or Common Law Dual Agency? Answer: Statutory Intermediary Question 4: Integrity Answer: Agent Will Avoid Misrepresentation By Commission Or Omisssion Question 5: If One Practices Real Estate Without A License , Where Is The Trial Held? Answer: In County Court Question 6: If A Broker Is Using An Assumed Name, Or Dba, This Must Be Filed In: Answer: In The County Courthouse In Every County Where He Has An Office Question 7: Commingling As Used In Real Estate Law Is What? Answer: Placing Principal's Money With The Broker's Money Question 8: Community Property Answer: Statutory Estate In Texas. All Property Acquired After Marriage Is Jointly Owned. Income On A Separate Property Is Community Property. Separate Prop Is Not Community Property Nor Their Increase.question 9: An Agent Has Received A $75 Check From A Home Warrant Company. Can You Keep The Check? Answer: Yes, If The Agent Provided A Rsc Disclosure And The Broker Authorized The Payment To The Agent. Question 10: An Agent's Disclosure Of Representation Must Be Made How? Answer: Orally Or Din Writing Question 11: When Agent Has Been Assess An Administrative Penalty By Trec As A Result Of Trec Determining An Infraction Of Its Rules, How Long Does The Agent Have To Pay The Penalty? Answer: 30 Days Question 12: Para 4 Of 1 4 Family Residential Contract (Resale) Answer: Tx Law Requires Agent Who Is A Party To A Transaction Or Acting On Behalf Of A Spouse, Parent, Or Child...to Notify The Other Party In Writing Before Entering Into A Contract Of Sale. Question 15: Do Back Up Offers Need To Be Presented To The Owner? Answer: Yes, This Is A Must Question 16: What Is The Homestead Exemption? Answer: Tax Benefit, Should Not Be Confused With The Homestead Protection. Homeowners Must Apply For The Exemption And Must Own And Occupy The Home On Jan 1 To Qualify. You Can Back File For Up To 2 Years If You Have Failed To Claim This Exemption. Question 17: How Are A Majority Of Foreclosures In Tx Done? Answer: Non Judicial Due To The Use Of The Deed Of Trust Question 18: Describing Land Boundaries Using Terminal Points And Angles Is Called? Answer: Metes And Bounds Question 19: Para 11 Of 1 4 Family Residential Contract (Resale) Answer: Special Provisions Factual Statements And Business Details Applicable To The Sale Can Be Inserted Here. Prohibited By Trec Rules To Insert Items Covered In An Addendum, Lease Or Other Form Has Been Promulgated By Trec For Mandatory Use. Question 20: Gulf Intracoastal Waterway Answer: Given As Addendum To Notify Buyers That Structures Must Not Be Erected Seaward Of The Vegetation Line.if It Is Erected Or Becomes Seaward Of Line, It May Be Subject To Lawsuit By State Of Texas For Removal.question 21: What Information Is Contained In Paragraph 7D Of He 1 4 Family Contract? Answer: "As Is" Provision Question 22: What Housing Is Covered Under The Fair Housing Act? Https://Www.learnexams.com/Study Content/Free Real Estate And Study Games About Tx Real 49041Answer:
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Pdf Download Free Real Estate And Study Games About Tx Real Estate Exam Questions Actual Qs And Ans Expert Verified Explanation This Exam Contains: Guarantee Passing Score 314 Questions And Answers Format Set Of Multiple Choice Expert Verified Explanation Question 1: Executor Answer: Party Dies With A Will And Has An Appointed Person To Oversee Their Estate Question 2: How Long Under Civil Rights Act Of 1968 Does A Person Who Has Been Discriminated Against Have To File A Complaint? Answer: No More Than 2 Years From The Date Of The Incident Question 3: What Takes Precedence, Statutory Intermediary Or Common Law Dual Agency? Answer: Statutory Intermediary Question 4: Integrity Answer: Agent Will Avoid Misrepresentation By Commission Or Omisssion Question 5: If One Practices Real Estate Without A License , Where Is The Trial Held? Answer: In County Court Question 6: If A Broker Is Using An Assumed Name, Or Dba, This Must Be Filed In: Answer: In The County Courthouse In Every County Where He Has An Office Question 7: Commingling As Used In Real Estate Law Is What? Answer: Placing Principal's Money With The Broker's Money Question 8: Community Property Answer: Statutory Estate In Texas. All Property Acquired After Marriage Is Jointly Owned. Income On A Separate Property Is Community Property. Separate Prop Is Not Community Property Nor Their Increase.question 9: An Agent Has Received A $75 Check From A Home Warrant Company. Can You Keep The Check? Answer: Yes, If The Agent Provided A Rsc Disclosure And The Broker Authorized The Payment To The Agent. Question 10: An Agent's Disclosure Of Representation Must Be Made How? Answer: Orally Or Din Writing Question 11: When Agent Has Been Assess An Administrative Penalty By Trec As A Result Of Trec Determining An Infraction Of Its Rules, How Long Does The Agent Have To Pay The Penalty? Answer: 30 Days Question 12: Para 4 Of 1 4 Family Residential Contract (Resale) Answer: Tx Law Requires Agent Who Is A Party To A Transaction Or Acting On Behalf Of A Spouse, Parent, Or Child...to Notify The Other Party In Writing Before Entering Into A Contract Of Sale. Question 15: Do Back Up Offers Need To Be Presented To The Owner? Answer: Yes, This Is A Must Question 16: What Is The Homestead Exemption? Answer: Tax Benefit, Should Not Be Confused With The Homestead Protection. Homeowners Must Apply For The Exemption And Must Own And Occupy The Home On Jan 1 To Qualify. You Can Back File For Up To 2 Years If You Have Failed To Claim This Exemption. Question 17: How Are A Majority Of Foreclosures In Tx Done? Answer: Non Judicial Due To The Use Of The Deed Of Trust Question 18: Describing Land Boundaries Using Terminal Points And Angles Is Called? Answer: Metes And Bounds Question 19: Para 11 Of 1 4 Family Residential Contract (Resale) Answer: Special Provisions Factual Statements And Business Details Applicable To The Sale Can Be Inserted Here. Prohibited By Trec Rules To Insert Items Covered In An Addendum, Lease Or Other Form Has Been Promulgated By Trec For Mandatory Use. Question 20: Gulf Intracoastal Waterway Answer: Given As Addendum To Notify Buyers That Structures Must Not Be Erected Seaward Of The Vegetation Line.if It Is Erected Or Becomes Seaward Of Line, It May Be Subject To Lawsuit By State Of Texas For Removal.question 21: What Information Is Contained In Paragraph 7D Of He 1 4 Family Contract? Answer: "As Is" Provision Question 22: What Housing Is Covered Under The Fair Housing Act? Https://Www.learnexams.com/Study Content/Free Real Estate And Study Games About Tx Real 49041Answer:

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