Principles of real estate Study guides, Class notes & Summaries
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Florida Real Estate Exam TEST Questions WITH 100% Correct Answers LATEST UPDATE 2023/2024
- Exam (elaborations) • 51 pages • 2023
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Florida Real Estate Exam TEST 
Questions WITH 100% Correct 
Answers LATEST UPDATE 
2023/2024 
Binder deposit shows up as what on closing statement? - ANSWER Credit to buyer 
Which of the following is true about leverage? - ANSWER Leverage is the use of 
borrowed funds to purchase assets. 
Which of the following liens would take priority? - ANSWER A property tax lien 
In which of the following theories of mortgage lending does the borrower not retain 
ownership of the property during the loan ...
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Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023
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Aceable Agent - Principles of Real Estate II Exam Notes with complete solutions 2023TOTAL = PART/PERCENTAGE 
PART = TOTAL x PERCENTAGE 
PERCENTAGE = PART/ TOTAL 
Formulas to calculate commission? 
 
 
 
PRINCIPAL 
What is the term that describes the money that is lent? 
 
 
 
CASH TO CLOSE 
Down payment minus earnest money? 
 
 
 
TOTAL SALES PRICE 
Loan payment + loan principal? 
 
 
 
ORIGINATION POINTS 
Loan points/fees charged 1% to compensate loan officers for underwriting and administering...
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Texas Principles of Real Estate - Real Estate U
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Abstract of Title - Answer- A condensed history or summary of all transactions affecting a particular tract of land. 
 
Acceleration clause - Answer- A condition in a real estate financing instrument giving the lender the power to declare all sums owing lender immediately due and payable upon the happening of an event, such as sale of the property, or a delinquency in the repayment of a note. 
 
Accession - Answer- An addition to property through the efforts of man or by natural forces. 
 
Accre...
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PVL3703 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024 (576663) - DUE 23 April 2024
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PVL3703 Assignment 3 (COMPLETE ANSWERS) Semester 1 2024 (576663) - DUE 23 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9....... Question 1 One of the attractions at Wonderland Zoo is a train ride that takes customers to and from different locations at the zoo. Sipho, the technician in charge of inspecting and maintaining the train, overlooks some signs that the train is no longer in sound condition. Avril goes for a ride on th...
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Texas Principles of Real Estate II Final Exams| Questions and Verified Answers| Grade A| 2023/ 2024 Updates STUDY BUNDLE WITH COMPLETE SOLUTIONS| 100% Guaranteed
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Texas Principles of Real Estate II Final Exams| Questions and Verified Answers| Grade A| 2023/ 2024 Updates STUDY BUNDLE WITH COMPLETE SOLUTIONS| 100% Guaranteed
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Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practi
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Texas-Principles of Real Estate=1 Exam 
Practice Questions and Answers Verified 2023 - 
Champions School of Real Estate 
Texas - Principles 1 Exam 
Practice Questions and Answers 
Verified 2023 - Champions 
School of RealEstate 
Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 
1. a: Townhomes and single-family homes differ in that a common wall. 
(a) townhomes share 
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not 
o...
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Champions Principles of Real Estate 2
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appraisal - Answer- value of a property maybe affected by social, economic, govt and environmental influences 
 
Loan-to-Value Ratio (LTV) - Answer- The percentage of value or sales price that a lender is willing to finance. 
 
limited appraisal report - Answer- exterior only/drive by inspection. deemed as low risk loan 
 
highest and best use of property - Answer- legal use that gives the greatest return 
 
Principal of Contribution - Answer- cost does not equal value 
 
Residential Mortgage Lo...
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Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated :Complete Version
- Exam (elaborations) • 20 pages • 2023
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Texas Principles Of Real Estate II Final Exam: Questions 
& Answers: Latest Updated :Complete Version 
 
Written documents affecting a title to real estate are recorded: 
A. where the titleholder resides 
B. where the titleholder has legal residence 
C. at the county clerk's office where the property is located 
D. at any county clerk's office in Texas -answer- C. at the county clerk's office where the property is 
located 
A person appointed by a court to settle the estate of a deceased pe...
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| VERIFIED & UPDATED | 2024
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL 
ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| 
VERIFIED & UPDATED | 2024 
• The law requiring real estate contracts to be in writing is called the...? 
statue of frauds 
• Statute of Frauds: law that requires some documents (deeds 
included) to be in writing and signed in order to be enforceable by law 
• Illegal practice of directing home seekers to a particular 
neighborhood based on fair housing protected classes? Steering 
• Taking ...
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Solutions for Real Estate Principles: A Value Approach, 7th Edition by Ling
- Exam (elaborations) • 136 pages • 2023
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