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Real Estate Finance – Practice Test

May 2, 2017 2 Comments Written by MrBeeToe

Real Estate Finance Practice Test

This test is still under development and will be completed shortly. Thank you for your patience.

 

The Broker-Lawyer Committee:

The Broker-Lawyer Committee drafts and revises contract forms for use by real estate licensees.

TREC has a Real Estate Recovery Trust Account. What is NOT true about the account?

TREC will investigate the actions of a licensee if they receive:

Which of the following is required for a lot and block description of a property?

TREC may assess an administrative penalty of up to $5,000 per day for violation of the License Act by:

A contract that meets all the requirements of the law is

Something given in exchange for a promise is called:

All of the following are necessary to obtain a real estate license EXCEPT

TREC may suspend or revoke a license for any of the following reasons EXCEPT:

Real Estate Finance
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2 Comments

  1. Isela Isela
    February 25, 2018    

    This practice test says it is under review. Do you when will it will be completed or do you know of a difference website that will be able to help me with Real Estate Finance?

    Reply
    • MrBeeToe MrBeeToe
      February 27, 2018    

      Isela, I will be happy to assist in completing this exam for you.

      Reply

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