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51. A baptist church owns a convalescence home for its members . The church only admits members of its church to the convalescence home . Which statement is TRUE regarding this practice?

71. Which statement is TRUE regarding the save Our Home amendment?

77. A real estate agent has been licensed in Texas for one year. The licensee worked for a Texas broker but recently moved to Florida. The agent wants to open his own brokerage in Florida so he recently completed the Florida broker pre-license course. I the Texas licensee eligible to take the Florida broker license exam?

52. Which statement is TRUE regarding voluntary relinquishment of a real estate license?

76.  Which action associated with water rights will cause a decrease in land mass ?

80. What type of lease arrangement requires the tenant to pay a fixed rent amount plus property expenses such as property taxes and hazard insurance?

50. Which statement about about the economic concept of demand is FALSE?

28. Which statement is TRUE regarding a sales associate’s registered name?

53. Which legal instrument states the loan amount, interest rate, repayment method, and maturity date?

56. Ten years ago a vacant lot in a subdivision was purchased for $30,500. The owner hired a general contractor to build a home on the lot. The contractor charged $375,000. The homeowner is planning to refinance the mortgage. The bank recently appraised the home at $410,000. What is the value of the property?