Texas Principles 1 Exam Practice Questions - Champions School Of Real Estate

This study source was downloaded by 100000857300661 from CourseHero.com on 12-06-2022 14:40:58 GMT -06:00https://www.coursehero.com/file/77406538/Texas-Principles-1-Exam-Practice-Questions-Champions-School-of-Real-Estatedocx/ Texas Principles 1 Exam Practice Questions - Champions School of Real Estate1. 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 own the land because of (d) townhomes are retro-commissioned and share2. a: Rights that are associated with the ownership of real property are often referred to as the owner's:(a) Bundle of rights(b) Constitutional rights (c) Statutory rights(d) Civil rights3. a: The agreement between a broker and a client is most often a(n) __________ agency relationship.(a) Special (b) General (c) Universal (d) Sub4. a: A professional association whose local affiliates own and operate MLS systems throughout the United States is the:(a) NAR (b) CCIM (c) BOMA (d) ICSC5. a: The concept behind the government survey system is the ________ of a grid on top of the land.(a) overlay(b) metes and bounds (c) coordinates(d) leaps and bounds6. a: You can use the acronym ____________ to remember the five essential elements of a validand enforceable contract.(a) COLIC (contractual capacity, offer and acceptance, legality of object, In writing & signed,