Principles of Real estate 1

farm is leased by a tenant farmer who is growing crops it is sold by owner during lease what happens to crops

an attorney from another state must have a __ to receive a commission for a real estate transaction

which of the folllwing does NOT violate the texas real estate act

the civil rights act of __ offers protection against discrimination for race color religion and national origin

listing are terminated by

the seller establishes a min selling price & the broker’s commission is the difference of that price&what the buyer pay

when real property is sold - fixtures remain with the property

an easement can be terminated by

the type of development which gives the owner the right to occupy the property for a certain time period

ad valorem taxes

how long does a consumer have to file a complaint against a license holder?

offering a property of sale with out the knowledge and consent of owner

which of the following persons must have a real estate license

ownership with the most rights in land is called

a buyer defaulted on a contract the seller chose to keep the earnest money deposit what did they choose?

listing agreements are terminated by

permanent additions to land are called

agency agreements such as listings and buyer representatives agreement

the TREC promgulated contract forms and addendum are written by ___

an intermediary is

the listing that helps the broker avoid law suits is

the easement created by the continuous use of land without permission from owner is called

a career in real estate development often involves the acquisition of land for the development of ___

one who hires and gives authority to an agent

when a texas real estate license holder is in an inactive status __

what is the main purpose of the texas real estate license act

a recorded plat is required for which method of legal description?

redlining is the refusal to lend money in a particular area because of the location

which of the following is an exception from sellers disclosure notice

when a property owner has the right to use the water that borders their property they have

___ refers to the fact that land can’t be moved

which of the following methods of describing land is not quantified as a legal requirement in a deed?

a developer has purchased 50 acres to build homes what is the most likely description to be found in the deeds for homes

a property that is allegedly haunted is considered

the most common type of co ownership is

the agency information form that just be presented at the first dialogue is the

in an intermediary transaction

a homestead in texas can be forclosed on for non payment of

an example of a voidable contract would be

senior apartment complex is 90% 55 & older there is a vacant spot. can the landlord refuse to lease to a pregnant women

which of the following is an example of an enchroachment

which of the following terms describes removing real property to create personal property

__ is the duty of the license holder to represent the best interest of his or her client

what is true about community property?

when a property is sold by the same brokerage firm that listed it this is called

if a broker wishes to terminate a sales agent sponsorship they

the aspect of the real estate business that is concerned w/ bring together the parties & completely the transaction

taking buyers to or away based on any of the protected categories under the fair housing law is

someone sings a lease and the landlord died during it a new buyer buys it and sends a notice to kick them out

what program has the authority to issue and revoke a license

_ is described as the duty of a license holder to employ prudence and caution to avoid misrepresentation in anyway

carlos singed a contract to purchase a property on main st that he is using for a rental he allows his cousin to buy

a consumer sued the agent and won the agent filed bankruptcy the consumer applied to TREC what is the max they will pay

TREC may access ab administrative penalty of up to 5k a day for ___

the penalties for violating fair housing act are

a lease that automatically renews itself is called a

appointed associate under a intermittent may

under the community reinvestment act only __ can be guilty of redlining

which if the following regarding a texas homestead is false

the right to develope the surface and use the resources extracted from or near the surface of a piece of land is___