Study guides, Class notes & Summaries

TX - SAE REAL ESTATE LAW PRACTICE EXAM Q & A 2024.

Texas RE Law SAE Exam Questions And Answers Vernon's Annotated Texas Statutes - answerThe state laws of Texas are codified and bond in volumes called _______________. Jury - answerIn a jury trial, the burden is on the ____________ to take the law and the facts as presented and to render a decision as to which party should prevail. Tenth - answerThe ___________ Amendment reserves all powers not granted to the federal government to the states. State district courts are extremely important...

SAE - Property Management (Texas) Exam Questions And Answers 100% Verified Which statement is correct? - answerA. Property mgmt & real estate brokerage are the same thing B. All real estate brokers in Texas must allow sponsored agents to perform property mgmt activities *C. Some real estate brokers do not allow property mgmt activities by their sponsored agents D. Property mgmt is not considered a real estate brokerage activity in Texas In Texas, agents need to be __________ in order to ...

Texas Real Estate Brokerage SAE Exam Questions And Answers The strengths, weaknesses, opportunities, and threats facing a business - answerWhat is a SWOT analysis useful for determining? You and your staff - answerWho has the best information about your firm's operations to assist in writing your disaster recovery plan? The number of licensees to use - answerWhich of the following is one of the key decisions a brokerage makes when deciding how to staff the sales force? This is a valid r...

Texas SAE: Real Estate Investment Exam Questions And Answers 100% Verified Active real estate investing comes in three "flavors." - answerFix and flip Buy and hold Wholesaling Fix and flip - answerRequirements include: Working capital for the purchase and repairs Priced low enough to cover costs of repairs, holding period, marketing, closing costs, and profit Remodeling skills Eye for needed updates Risks include: Running out of money to finish repairs Inability to sell due to poor...

Texas Sae Real Estate Brokerage Exam Questions And Answers 100% Verified A consistent disparity in listing versus selling prices may reflect ___________. - answerInaccurate competitive market analyses Which of these would be an advantage for the broker of hiring licensees as salaried employees, rather than as independent contractors on a commission-based compensation plan? - answerSales agents will probably make fewer errors as a result of more broker control and supervision. Which optio...

TEXAS SAE: REAL ESTATE APPRAISAL EXAM WITH COMPLETE SOLUTIONS Which two terms are synonymous and are defined as the amount of rent typical for properties that are comparable to the subject property? Economic rent, market rent Which of the following properties would you expect to appraise highest? Q1, C1 There are many advantages to holding property within a trust. One of the most important advantages is that some trusts ______. Avoid probate Ken, Barbie, and Skipper owned a property as...

Texas Real Estate Law - SAE Champions School Of Real Estate Exam With Complete Solutions CERCLA Liability Rules - answerHazardous Substance Liability 1. Owner 2. Prop Manager 3. Cleaner of the Facility Fair Credit Reporting Act - answerA federal law that established procedures that consumer- reporting agencies must follow in order to ensure that records are confidential, accurate, relevant and properly used. Truth in Lending Act - answerAn act which requires lenders to inform borrowers o...

Texas SAE Real Estate Law Exam Questions and Answers 100% Verified geographic farm - answerAn area of neighborhoods or subdivision that is serviced by your firm. marketing plan - answerA plan by which you develop to gain name recognition differentiate - answerBecoming different in your approach through growth and development Economic farm - answerAll properties in a particular price range, in the area your firm services Hot buttons - answerWords or content by which top producers are usin...

Texas RE Law SAE Exam Questions And Answers Vernon's Annotated Texas Statutes - answerThe state laws of Texas are codified and bond in volumes called _______________. Jury - answerIn a jury trial, the burden is on the ____________ to take the law and the facts as presented and to render a decision as to which party should prevail. Tenth - answerThe ___________ Amendment reserves all powers not granted to the federal government to the states. State district courts are extremely important...

SAE - Property Management (Texas) Exam Questions And Answers 100% Verified Which statement is correct? - answerA. Property mgmt & real estate brokerage are the same thing B. All real estate brokers in Texas must allow sponsored agents to perform property mgmt activities *C. Some real estate brokers do not allow property mgmt activities by their sponsored agents D. Property mgmt is not considered a real estate brokerage activity in Texas In Texas, agents need to be __________ in order to ...