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Aceable Agent Questions and Verified Answers 2023/2024 (Package Deal)

Exam (elaborations) Aceable Agent Questions and solutions 2023/2024 Exam (elaborations) Aceable Agent Questions and correct answers 2023/2024 Exam (elaborations) Aceable Agent Questions and to-go answers 2023/2024 Exam (elaborations) Aceable Agent Questions and ready answers 2023/2024 Exam...

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Aceable Agent Questions with Accurate solutions 2023/2024

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Aceable Agent Questions with Accurate solutions 2023/2024 Six attorneys, six brokers. 1 public member appointed by governor - correct answer What type of members is the Broker Lawyer committee comprised of? 7 license holders with at least 5 years exp, 4 education members who are instructors or...

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Aceable Agency Questions with credible Answers 2023/2024

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Aceable Agency Questions with credible Answers 2023/2024 agency - correct answer An agency relationship is created when an individual authorizes another party to represent them and act in their best interest. In the context of real estate transactions, the agent is a licensed representative of t...

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Aceable Real Estate Agency Questions and Answers 2023/2024

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Aceable Real Estate Agency Questions and Answers 2023/2024 Committee Members (12) - correct answer 7: License holders that have been in practice for at least five years. 4: Real Estate instructors/owners of real estate schools. (education members) 1: Represents the public. Educational Stan...

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Aceable Law of Agency Critical Questions with respective Answers 2023/2024

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Aceable Law of Agency Critical Questions with respective Answers 2023/2024 Here are the four major types of agency acts: - correct answer Listing Buying Leasing Property Management TREC's purpose is to - correct answer regulate educational and licensing programs that maintain standards AND ...

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Aceable Agency in Fundamental Real Estate Questions and Answers 2023/2024

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Aceable Agency in Fundamental Real Estate Questions and Answers 2023/2024 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...

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Aceable Real Estate Agency Critical Questions and reviewed Answers 2023/2024

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Aceable Real Estate Agency Critical Questions and reviewed Answers 2023/2024 Five Catagories of Real Estate Properties - correct answer (1) Residential, (2) Commercial, (3) Industrial, (4) Farm & Land/ Agriculture (5) Special Purpose Apartment Locator - correct answer A real estate license ...

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Texas Real Estate fundamentals in Aceable Agent Questions and Answers 2023/2024

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Texas Real Estate fundamentals in Aceable Agent Questions and Answers 2023/2024 Broker's Price Opinion (BPO) - correct answer 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 - ...

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Aceable Agency Terms and descriptions Questions and Answers 2023/2024

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Aceable Agency Terms and descriptions Questions and Answers 2023/2024 Abstract of Title - correct answer The condensed history of a title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property and...

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Aceable Agent Basics Foundation Questions and Answers 2023/2024

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Aceable Agent Basics Foundation Questions and Answers 2023/2024 Apartment Locators - correct answer a real estate license holder who locates dwelling units for prospective tenants Tenant - correct answer one who possesses a property under a lease without ownership Broker - correct answer ...

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Aceable Real Estate Agency Rights and Laws Questions and Answers 2023/2024

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Aceable Real Estate Agency Rights and Laws Questions and Answers 2023/202 Land - correct answer the surface of the earth, including all permanently attached natural features, extending downwards to the center of the earth and upwards to infinity. real estate - correct answer land plus any hu...

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Aceable agent Parties Relationship Question with Respective Solutions 2023/2024

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Aceable agent Parties Relationship Question with Respective Solutions 2023/2024 Who is it important to make relationships with in real estate - correct answer Lenders, builders, local business lenders Why is it important to make relationships in real estate? - correct answer to help get mo...

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Aceable Real Estate Agent Amortization Principles Question with complete solution 2023/2024

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Aceable Real Estate Agent Amortization Principles Question with complete solution 2023/2024 Amortization - correct answer The repayment of a loan principle over time Arrears - correct answer Payment for an item or service after it's received Down Payment - correct answer The initial paymen...

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Aceable Property Agent Final Questions with most suitable Answers 2023/2024

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Aceable Property Agent Final Questions with most suitable Answers 2023/2024 What is an acre? - correct answer Standard unit used to measure the area of land equal to 43,560 feet With which type of land description does a surveyor indicate direction in degrees, minutes, and seconds? - correct an...

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Aceable Agent Property Disclosure Laws (Eleventh Chapter) Question and answer 2023/2024

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Aceable Agent Property Disclosure Laws (Eleventh Chapter) Question and answer 2023/2024 Seller Disclosure Laws in GA - correct answer Georgia does NOT require the seller to fill out a written disclosure form or statement. That said, the law does require the seller to inform the buyer of any know...

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Aceable Agent Fundamental Property Contract Questions with Solution 2023/2024

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Aceable Agent Fundamental Property Contract Questions with Solution 2023/2024 contract - correct answer A contract is a legally binding and enforceable agreement that consists of three stages offer - correct answer a proposition made by an offeror to an offeree to agree to the terms of a b...

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Aceable Agent Property Use Control Question and answer 2023/2024

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Aceable Agent Property Use Control Question and answer 2023/2024 Recap: What does the bundle of rights include? - correct answer 1. Rights of possession 2. Rights of control 3. Rights of enjoyment 4. Rights of exclusion 5. Rights of disposition What is Land-Use Controls? - correct answer ...

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Aceable Agent Property Trust and Unity of persons (Level 2) Question and answer 2023 /2024

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Aceable Agent Property Trust and Unity of persons (Level 2) Question and answer 2023/2024 Severalty - correct answer The property has only one owner, whether that is a person, corporation, or other legal entity. ("Severed" from all other owners) Undivided interest - correct answer A type o...

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Aceable Agent Questions and verified answers 2023/2024

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Aceable Agent Questions and verified answers 2023/2024 What are the four basic types of Public Land-Use Controls (P.E.T.E)? - correct answer 1. Police power 2. Eminent Domain 3. Taxation 4. Escheat Type of Public Land-Use Control: What does Police Power contribute? - correct answer Po...

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Aceable Agent Questions and certified answers 2023/2023

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Aceable Agent Questions and certified answers 2023/2023 Deed - correct answer A document that transfers ownership of property from one party to another. Legal Title - correct answer Full legal ownership of property and the bundle of rights as they apply to it. Federal Government - corre...

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Aceable Agent Questions and 100% correct answers 2023/2024

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Aceable Agent Questions and 100% correct answers 2023/2024 Seller's Market - correct answer Few houses; lots of buyers. Buyer unlikely to get closing costs paid by seller or any bargains. Buyer's Market - correct answer Many houses; few buyers. Prices more negotiable. Real estate br...

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Aceable Agent Questions and ready answers 2023/2024

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Aceable Agent Questions and ready answers 2023/2024 DEED - correct answer The legal written document that conveys the intangible ownership rights (title) of a real estate property to another property. DEED OF TRUST - correct answer A security instrument that places the deed to the property i...

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Aceable Agent Questions and to-go answers 2023/2024

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Aceable Agent Questions and to-go answers 2023/2024 TOTAL = 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...

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Aceable Agent Questions and correct answers 2023/2024

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Aceable Agent Questions and correct answers 2023/2024 TEXAS REAL ESTATE LICENSE ACT (TRELA) 1939 - correct answer Who was the first legislation created to govern the real estate profession in Texas? TEXAS REAL ESTATE COMMISSION (TREC) 1949 - correct answer Which commission was created ...

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Aceable Agent Questions and solutions 2023/2024

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Aceable Agent Questions and solutions 2023/2024 Severance - correct answer turn real property into personal property Voidable - correct answer can be terminated or rescinded by either party Real property refers to the land and improvements on it plus the set of rights associated with ...

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