CHAMPIONS SCHOOL OF REAL ESTATE ||VERIFIED
EXAM!!|| MOST RECENT EXAM ACTUAL COMPLETE
REAL EXAM QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS) ALREADY GRADED A+ |
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A Freeway has made commuting to a distant suburban
neighborhood easier, resulting in an increase in new home
sales. This increase in sales is an example of the
economic characteristics of:
A.) Scarcity
B.) Fixity
C.) Situs
D.) Modification - Answer-D.) Modification
Air Rights are commonly leased or conveyed in:
A.) Cell tower leases
B.) Condominiums
C.) Outdoor Advertising
D.) All of these are correct - Answer-D) all of these
Building, roads and fences are all examples of:
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A.) Personal Property
B.) Private Property
C.) Improvements
D.) Public Property - Answer-C.) Improvements
If a tenant fails to remove trade fixtures from the leased
premises, the fixtures become the property of the landlord
through:
A.) Remediation
B.) Adverse Possession
C.) Accession
D.) Descent - Answer-C.) Accession
Effective in 1976, manufactured homes have been built
according to a building code administered by:
A.) Local building departments
B.) State code enforcement
C.) HUD
D.) FHA - Answer-C.) HUD
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Homes that are built in sections according to local building
codes and assembled on the job site are known as:
A.) Trailers
B.) Mobile Homes
C.) Modular Homes
D.) Site built Homes - Answer-C.) Modular Homes
Manufactured home dealers and sales people in Texas are
licensed by:
A.) TREC
B.) The TDHCA
C.) The TALCB
D.) TRELA - Answer-B.) The TDHCA
a freeway has made commuting to a distant suburban
neighborhood easier, resulting in an increase in new home
sales. This increase in sales is an example of the
economic characteristic of
A.) scarcity
B.) Fixity
C.) Situs
D.) Modification - Answer-D.) Modification