Nonhomogeneity One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n):ĭ. They look the same, but the each occupies a different location on the earth. Metes and bounds Lot 45 and Lot 46 are both on Main Street. A qualified voter Which of the following land description methods identifies a parcel of land by specifying its shape and boundaries?ĭ. A member of the Broker-Lawyer Committee A. A resident of Texas for at least 20 yearsĭ. Be prominently displayed by a residential rental locator For a person to be a member of the Texas Real Estate Commission the person must be:Ĭ. Be prominently displayed by a residential rental locatorĭ. Be prominently displayed by all licenseesĬ. Has had at least 4 years of active experience in the state as a license holder during the 5 years preceding the date the application is filed A real estate license issued by the Texas Real Estate Commission must:Ī. Has at least 10 salespersons to sponsorĭ. Has had at least 4 years of active experience in the state as a license holder during the 5 years preceding the date the application is filedī. All of the above An applicant for a broker license must provide to the commission satisfactory evidence that the applicant:Ī. A public official while engaged in official dutiesĭ. An on-site manager of an apartment complexĬ. Steering A real estate broker or salesperson, while acting as an agent for another, is:ĭ. She has selected the location of the property based on the national origin of the people living in the neighborhood. Agent Jane wants to make sure Buyer Bob will like the neighborhood. Redlining Agent Jane is showing Buyer Bob a property. Civil Rights Act of 1866 The act of refusing home loans to areas or neighborhoods deemed poor financial risk is:ĭ. Intermediary Discrimination in housing on the basis of race is prohibited by:ĭ. How to create your marketing campaign and UMPWhen the broker represents both the seller and buyer in the same transaction, the broker is acting as:ĭ.Understanding the conscious and sub-conscious mind and how it applies to sales.How to use the DiSC profile to increase your income.The Real Estate Business School Blueprint.How to create your daily, weekly and monthly activities.A Discussion Group set up in your portal for idea exchange with other students and administered by Mentor, Myka Allen-Johnson.Monthly hour-long Q&A via Zoom with Mentor, Wayne Morgan.30 hours of an Interactive, Live Recorded via Zoom Mentoring Program with two experienced brokers and business owners who have hundreds of transation experience between them.Each video session can be reviewed at any time for further understanding and comprehension. This program is an On-Demand, interactive video presentation of a live Mentoring program. This course is designed to introduce the soon to be real estate agent to some of these concepts and to guide them through the many nuances. There are many laws and agencies that either govern or influence the actions of lenders, borrowers, real estate agents and others. Real estate finance for the new student can be intimidating as well as confusing. The course is designed to increase the agent’s competency in the area of finance so they can speak intelligently with their clients and customers. The overall purpose is to give the student a basic understanding of the history of finance, how the monetary systems work, the role of the government in making funds available for purchasers, giving the student a basic understanding of the various types of loans available and a working knowledge of the process a purchaser goes through in obtaining financing. The purpose of the Real Estate Finance course is to fulfill the required topics of the mandatory course required to obtain a real estate license. Real Estate Finance is a Texas Real Estate Commission mandatory 30 hour “qualifying” course.
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