Principles of Real Estate Questions With
Correct Answers.
The purpose of the Texas real estate license act is
To protect the public again on scrupulous brokers and salesman
Climate views axis to natural re-creating good schools and job opportunities are some factors that
contribute to the desirability of land in particular locations these factors best describe
Situs
When real property is sold
Pictures remain with the property
Emblements are
A.A personal property
B. annually cultivated crops C. attached to the land
What is often considered the most important test of a fixture
Intention of the parties
All of these are factors which can affect insurance premiums EXCEPT:
Policyholders age
The main distinction between a townhome and a single family home is that:
Townhomes Share a common wall (party wall)
Homeowners insurance can protect the policyholder from an expected losses including:
1. Fire
2. vandalism
3. personal liability
When an agent is authorized to carry out the affairs of a business for another this is:
General agency
The duties of an agent include
Loyalty, confidentiality and disclosure
, One who represents another from Whom he has derived right authority is called:
An agent
A licensee who represents a party must disclose this representation
At first contact
The duties of a broker in a fiduciary do NOT include:
Trust
The IABS form is used:
To provide agency information to customers
Appointed associates under an intermediary may:
Give advice and opinions to their respective parties
Taking buyers to or away from a particular area based on any of the protected category categories
under fair housing law is called
Steering
The Civil rights act of 1968 does NOT offer protection for discrimination based on:
Occupation
The federal fair housing Act provide for both civil and criminal penalties
False
The penalties for violation of the fair housing act are:
Up to 75,000 for the first violation and up to 150,000 subsequent violations
The law requiring the ease of access and the removal of barriers is:
The Americans with Disabilities Act
Requirements of the ADA include
A. Wheelchair access
B. Braille marking on elevator controls keys
C. Dashing alarm lights for the hearing impaired
Correct Answers.
The purpose of the Texas real estate license act is
To protect the public again on scrupulous brokers and salesman
Climate views axis to natural re-creating good schools and job opportunities are some factors that
contribute to the desirability of land in particular locations these factors best describe
Situs
When real property is sold
Pictures remain with the property
Emblements are
A.A personal property
B. annually cultivated crops C. attached to the land
What is often considered the most important test of a fixture
Intention of the parties
All of these are factors which can affect insurance premiums EXCEPT:
Policyholders age
The main distinction between a townhome and a single family home is that:
Townhomes Share a common wall (party wall)
Homeowners insurance can protect the policyholder from an expected losses including:
1. Fire
2. vandalism
3. personal liability
When an agent is authorized to carry out the affairs of a business for another this is:
General agency
The duties of an agent include
Loyalty, confidentiality and disclosure
, One who represents another from Whom he has derived right authority is called:
An agent
A licensee who represents a party must disclose this representation
At first contact
The duties of a broker in a fiduciary do NOT include:
Trust
The IABS form is used:
To provide agency information to customers
Appointed associates under an intermediary may:
Give advice and opinions to their respective parties
Taking buyers to or away from a particular area based on any of the protected category categories
under fair housing law is called
Steering
The Civil rights act of 1968 does NOT offer protection for discrimination based on:
Occupation
The federal fair housing Act provide for both civil and criminal penalties
False
The penalties for violation of the fair housing act are:
Up to 75,000 for the first violation and up to 150,000 subsequent violations
The law requiring the ease of access and the removal of barriers is:
The Americans with Disabilities Act
Requirements of the ADA include
A. Wheelchair access
B. Braille marking on elevator controls keys
C. Dashing alarm lights for the hearing impaired
