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| Future contracts in state will be based on precedent set by prior court decisions, as well as on statutes governing contracts T/F? |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Regulations passed by governmental agencies are a means of implementing and enforcing which kind of act? |
Legislative |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Refers to working with parties in negotiating sale, rental, or purchase of real estate? |
Brokerage |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| The Fourteenth Amendment, providing civil rights protections, is an example of which of the seven sources of law? |
U.S. Constitution |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Which is a body of law developed by courts based on custom and usage? |
Common Law |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Texas Real Estate License Act is an example of which of the seven sources of law? |
Laws passed by the state Legislature |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Court decisions of federal, state, and municipal courts serve to clarify and interpret laws, regulations, and constitutional provisions T/F? |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Law that covers obligations of broker to person who engages his or her services is |
Law of Agency |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Rules passed by Texas Real Estate Commission are which of seven sources of law? |
State Regulations |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| The ruling of one court may NOT be reversed by the decision of a superior court T/F? |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Theaters and parking lots are classified as which kind of property? |
Commercial |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| REALTOR® is BEST described as an individual who is |
Member of the National Association of Realtors |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Primary purpose of U.S. Constitution and individual state constitutions is to delineate limits of governmental authority and establish citizens' |
rights |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Professional estimate of property's market value or opinion of value, based on established methods and using trained, professional judgment, is performed by a |
Real Estate Appraiser |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Sources of real estate law include which of the following? |
All of the above |
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gettarb Tue, 12 Oct 2010 16:12:50 GMT |
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| Laws passed by Congress may both set broad standards of conduct and establish administrative enforcement agencies; laws passed state and local legislative bodies may only set broad standards of conduct T/F? |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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Residential property includes all property used for housing, from small city lots to acreage,
both single-family and multifamily, in urban, suburban, and rural areas T/F? |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| NAR is composed of state, regional, and local associations T/F? |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| First law to regulate real estate brokerage in Texas, Texas Real Estate Dealers Act, was passed in 1929 T/F? |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| Typically salesperson acts as agent of buyer or seller (or both) in negotiating sale, purchase, or rental of property T/F? |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| Laws passed by Congress and by state and local legislative bodies may establish specific provisions on any issue, or they may set broad standards of conduct and establish administrative enforcement agencies T/F? |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| Sources of real estate law include ordinances passed by local governments T/F? |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| By applying and interpreting laws in relation to specific event, court decision expands meaning of law, establishing precedent for future decisions T/F? |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| Generally, in United States, seven sources of law affect ownership and transfer of real estate T/F? |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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Applicants for real estate license need only possess certain stated personal and educational
qualifications in order to receive license T/F? |
F |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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The profession of property development includes work of land developers and subdividers,
builders and architects, and appraisers T/F? |
F |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| Special-purpose property includes places of worship, schools, cemeteries, factories, and government-held lands T/F? |
F |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| Court decisions of federal, state, and municipal courts establish laws, regulations, and constitutional provisions T/F? |
F |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| "REALTOR®" is registered trademark of NAR and may be used by all licensed brokers T/F? |
F |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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| Persons who deal only with their own property are required to hold real estate license T/F? |
F |
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gettarb Mon, 11 Oct 2010 17:12:06 GMT |
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