AYPO Real Estate Principles Of Real Estate 1 Newest
2025/2026 Actual Exam Complete Questions And 100%
Correct Answers(Verified And Graded A+)
How long does a Chapter 13 debtor have to reinvest the
proceeds of his or her home sale in a new homestead or
lose their homestead tax exempt status and therefore
return the proceeds to the bankruptcy estate? - ANSWER-
*6 months
The term "false, misleading, or deceptive acts or practices"
includes but is not limited to which of the following acts? -
ANSWER-*Using deceptive representations or
designations of geographic origin in a connection with
goods or services
,2|Page
*Disparaging the goods, or services, or business of
another by false or misleading representation of facts
*Passing off goods or services as those of another
The commission by rule may: - ANSWER-*prescribe the
title, content, and duration of continuing education courses
that a license holder must attend to renew the license
One of the most powerful elements of the Deceptive Trade
Practices Consumer Protection Act is its mandate to
award which of these? - ANSWER-*Attorney's fees
A building or community may not discriminate based on
familial status, except in which of these circumstances? -
, 3|Page
ANSWER-*The building or community qualifies as housing
for older persons
A "net listing" is a listing agreement in which the broker's
commission: - ANSWER-*is the difference ("net") between
the sales proceeds and an amount desired by the owner
of the real property
Mortgages are a common type of ______ lien. - ANSWER-
*consensual
The following information is generally included in a listing
agreement? - ANSWER-*That the seller has the legal
capacity to sell the property