TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS
WITH ANSWERS 100% CORRECT – LATEST UPDATE
2021/2022 CHAMPIONS SCHOOL OF REAL ESTATE
GRADED A+
Texas Principles 1 Exam Practice Questions - Champions School of Real Estate
a: Townhomes and single-family homes differ in that a common
wall. (a) townhomes share
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not
own the land because of (d) townhomes are retro-commissioned and share
a: The agreement between a broker and a client is most often a(n) agency
relationship.
(a) Special (b) General (c) Universal (d) Sub
a: Rights that are associated with the ownership of real property are often referred to as
the owner's:
(a) Bundle of rights
(b) Constitutional rights (c) Statutory rights
(d) Civil rights
TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS
WITH ANSWERS 100% CORRECT – LATEST UPDATE
2021/2022 CHAMPIONS SCHOOL OF REAL ESTATE
GRADED A+
, TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS
WITH ANSWERS 100% CORRECT – LATEST UPDATE
2021/2022 CHAMPIONS SCHOOL OF REAL ESTATE
GRADED A+
a: A professional association whose local affiliates own and operate MLS systems
throughout the United States is the:
(a) NAR (b) CCIM (c) BOMA (d) ICSC
a: The concept behind the government survey system is the of a grid on top of
the land.
(a) overlay
(b) metes and bounds (c) coordinates
(d) leaps and bounds
a: You can use the acronym to remember the five essential elements of a
valid and enforceable contract.
(a) COLIC (contractual capacity, offer and acceptance, legality of object, In writing & signed, and
Consideration) (b) COLLIE
(c) EOVEC
(d) OLDCAR (obedience, loyalty, disclosure, confidentiality, accountability, and
Reasonable care/diligence)
TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS
WITH ANSWERS 100% CORRECT – LATEST UPDATE
2021/2022 CHAMPIONS SCHOOL OF REAL ESTATE
GRADED A+
WITH ANSWERS 100% CORRECT – LATEST UPDATE
2021/2022 CHAMPIONS SCHOOL OF REAL ESTATE
GRADED A+
Texas Principles 1 Exam Practice Questions - Champions School of Real Estate
a: Townhomes and single-family homes differ in that a common
wall. (a) townhomes share
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not
own the land because of (d) townhomes are retro-commissioned and share
a: The agreement between a broker and a client is most often a(n) agency
relationship.
(a) Special (b) General (c) Universal (d) Sub
a: Rights that are associated with the ownership of real property are often referred to as
the owner's:
(a) Bundle of rights
(b) Constitutional rights (c) Statutory rights
(d) Civil rights
TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS
WITH ANSWERS 100% CORRECT – LATEST UPDATE
2021/2022 CHAMPIONS SCHOOL OF REAL ESTATE
GRADED A+
, TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS
WITH ANSWERS 100% CORRECT – LATEST UPDATE
2021/2022 CHAMPIONS SCHOOL OF REAL ESTATE
GRADED A+
a: A professional association whose local affiliates own and operate MLS systems
throughout the United States is the:
(a) NAR (b) CCIM (c) BOMA (d) ICSC
a: The concept behind the government survey system is the of a grid on top of
the land.
(a) overlay
(b) metes and bounds (c) coordinates
(d) leaps and bounds
a: You can use the acronym to remember the five essential elements of a
valid and enforceable contract.
(a) COLIC (contractual capacity, offer and acceptance, legality of object, In writing & signed, and
Consideration) (b) COLLIE
(c) EOVEC
(d) OLDCAR (obedience, loyalty, disclosure, confidentiality, accountability, and
Reasonable care/diligence)
TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS
WITH ANSWERS 100% CORRECT – LATEST UPDATE
2021/2022 CHAMPIONS SCHOOL OF REAL ESTATE
GRADED A+
