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  1. Standard Presumptive Value - TxDMV

  2. Calculating SPV. For private-party sales, motor vehicle sales or use tax is based on one of the following: the vehicle's sales price, when the purchaser pays 80 percent or more of the vehicle's SPV; 80 percent of the vehicle's SPV, when the purchaser pays less than 80 percent of the vehicle's SPV; or

  3. Proper Use of the Working with Real Estate Agents Brochure. By Sheryl B. Graham, Consumer Protection Officer. The Working with Real Estate Agents brochure (“WWREA”), first published in May 2001, is required to be used by brokers in every real estate sales transaction.

  4. Texans who buy a used vehicle from anyone other than a licensed vehicle dealer are required to pay motor vehicle sales tax of 6.25 percent on the purchase price or standard presumptive value (SPV), whichever is the highest value. SPV applies wherever you buy the vehicle, in Texas or out of state.

  5. The following guidelines and accompanying illustrations are designed to assist real estate brokers in measuring, calculating and reporting (both orally and in writing) the living area contained in detached and attached single-family residential buildings.

  6. To assist buyers and sellers in understanding the roles of real estate agents, the Real Estate Commission requires agents in sales transactions to (1) review a “Working With Real Estate Agents Disclosure” with you at first substantial contact - before asking for or receiving your confidential information and (2) give you a copy of the Disclosure...

  7. 40 questions—and reflects the current Texas real estate laws, rules, and regula-tions. Topics covered in the state-specific portion are listed below. Commission Duties and Powers (Sales Agent – 2 Items, Broker – 3 Items) Topics include general powers: composition, duties, and powers, real estate advi-

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