Texas Principles 1 Exam Practice Questions With
Answers – Champions School
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 share (Ans- (a) townhomes share 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 rights (Ans- (a) Bundle of rights The agreement between a broker and a client is most often a(n) ____ agency relationship.
(a) Special
(b) General
(c) Universal
(d) Sub (Ans- (a) Special
A professional association whose local affiliates own and operate MLS
systems throughout the United States is the:
(a) NAR
(b) CCIM
(c) BOMA
(d) ICSC (Ans- NAR
A legal description that contains the words “Beginning at a point” is a:
(a) Lot and block description
(b) Metes and bounds description
(c) Informal reference
(d) PLSS description
(Ans- b) Metes and bounds description
The concept behind the government survey system is the __ of a
grid on top of the land.