Champion School Of Real Estate

Principles of Real Estate 1- Champions Quiz Questions and Answers Latest (2023 / 2024) (Verified Answers)

Principles of Real Estate II Final Exam Questions and Answers Latest (2023 / 2024) (Verified Answers)

Principles of Real Estate 1 - Champions Questions and Answers Latest (2023 / 2024) (Verified Answers)

Principles of real estate II (Champions) Questions and Answers Latest (2023 / 2024) (Verified Answers)

PRINCIPLES OF REAL ESTATE 2 (TEXAS) Questions and Answers Latest (2023 / 2024) (Verified Answers)

An agency relationship exists when one person, the ______________ acts for, or on the behalf of another person, the _____________________. Agent, principal Which of the following is ground for suspension or revocation of license by TREC? Splitting commission with a person other than a license holder The commission can deny licensure to an applicant based on the applicants? Moral character What form must an agent provide to a potential client at the first substantive discu...

Functional obsolescence Refers to the loss in desirability of the style, layout or function of an element of a property over time Sales comparison best indicator of value for existing properties highest and best use the legal use for property that gives the greatest return in money and/or amenities external obsolescence the loss in value of a property caused by factors outside the property itself principle of contribution suggests the value of a property is equal...

Search Engine Optimization (SEO) The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live Video streaming through facebook. CoStar Database Functions much like a residential MLS, connecting commercial agents with brokerages, owners, lenders, property managers, appraisers, and investors. Virtual Reality (VR) A computer-generated image or environment that c...

What does D.U.S.T. stand for? Demand, Utility, Scarcity, Transferability the percentage of value or sales price that a lender is willing to finance Loan to Value Ratio (LTV) the value of a property is equal to the sum of the contributory value of each of its component parts. principle of contribution the forces acting on a parcel of land are always affecting the value of the land PRINCIPLE OF CHANGE the legal use that gives the greatest return in money and/or amen...

Subsurface rights Rights that include ownership of oil, gas and other minerals Surface and air rights Rights that are conveyed in a cell tower lease Improvement Any permanent man-made addition to the land Personal property Things of a temporary, movable nature Modular homes Factory-built housing built to local building codes Riparian rights Rights that an owner has to use water from a river or stream on or next to a property Littoral rights Rights...