Texas Real Estate Sales Agent Exam (TREC) – Practice
Exam Newest 2025 – 2026 Questions From Actual
Exams Complete Questions And Correct Detailed
Answers (Verified Answers) |Already Graded A+||Brand
New!!
Content covered (most tested areas): property ownership, contracts,
agency, finance, appraisal, math, disclosures, fair housing, Texas-
specific laws (TREC rules), deeds, leasing, and ethics
1. Which type of ownership involves equal ownership shares with right of
survivorship?
A. Tenancy in common
B. Joint tenancy
C. Community property
D. Severalty
Answer: Joint tenancy
Joint tenancy includes equal ownership interests and right of survivorship,
meaning ownership transfers automatically to surviving owners.
2. A legal description using metes and bounds includes which of the following?
A. Lot and block numbers
B. Rectangular survey coordinates
C. Directions and distances
D. Plat map references
Answer: Directions and distances
Metes and bounds describes land using physical directions and
measurements.
3. Which contract element ensures both parties exchange something of value?
A. Mutual consent
B. Consideration
, C. Capacity
D. Legality
Answer: Consideration
Consideration is something of value exchanged between parties.
4. Which fiduciary duty requires loyalty to the client’s best interest?
A. Disclosure
B. Obedience
C. Loyalty
D. Accounting
Answer: Loyalty
Loyalty means placing the client’s interests above all others.
5. Which type of listing allows multiple brokers but only pays the one who
sells?
A. Exclusive right to sell
B. Exclusive agency
C. Open listing
D. Net listing
Answer: Open listing
Open listings allow multiple brokers; only the successful one earns
commission.
6. Which law prohibits discrimination based on race, religion, or national
origin?
A. ADA
B. RESPA
C. Fair Housing Act
D. TILA
Answer: Fair Housing Act
The Fair Housing Act prohibits discrimination in housing.
7. A property manager collects rent on behalf of the owner. This represents:
A. General agency
B. Universal agency
, C. Special agency
D. Dual agency
Answer: General agency
A general agent performs ongoing duties for the principal.
8. Which deed provides the greatest protection to the buyer?
A. Quitclaim deed
B. Special warranty deed
C. General warranty deed
D. Bargain and sale deed
Answer: General warranty deed
It guarantees title against all defects, past and present.
9. Which loan type has payments that change periodically?
A. Fixed-rate mortgage
B. Adjustable-rate mortgage
C. Balloon mortgage
D. Reverse mortgage
Answer: Adjustable-rate mortgage
Interest rates adjust over time, affecting payments.
10.A buyer defaults on a mortgage. The lender may:
A. Lease the property
B. Foreclose
C. Refinance
D. Appraise
Answer: Foreclose
Foreclosure allows the lender to recover the loan balance.
11.Which appraisal principle states value is affected by nearby properties?
A. Contribution
B. Conformity
C. Substitution
D. Anticipation
Exam Newest 2025 – 2026 Questions From Actual
Exams Complete Questions And Correct Detailed
Answers (Verified Answers) |Already Graded A+||Brand
New!!
Content covered (most tested areas): property ownership, contracts,
agency, finance, appraisal, math, disclosures, fair housing, Texas-
specific laws (TREC rules), deeds, leasing, and ethics
1. Which type of ownership involves equal ownership shares with right of
survivorship?
A. Tenancy in common
B. Joint tenancy
C. Community property
D. Severalty
Answer: Joint tenancy
Joint tenancy includes equal ownership interests and right of survivorship,
meaning ownership transfers automatically to surviving owners.
2. A legal description using metes and bounds includes which of the following?
A. Lot and block numbers
B. Rectangular survey coordinates
C. Directions and distances
D. Plat map references
Answer: Directions and distances
Metes and bounds describes land using physical directions and
measurements.
3. Which contract element ensures both parties exchange something of value?
A. Mutual consent
B. Consideration
, C. Capacity
D. Legality
Answer: Consideration
Consideration is something of value exchanged between parties.
4. Which fiduciary duty requires loyalty to the client’s best interest?
A. Disclosure
B. Obedience
C. Loyalty
D. Accounting
Answer: Loyalty
Loyalty means placing the client’s interests above all others.
5. Which type of listing allows multiple brokers but only pays the one who
sells?
A. Exclusive right to sell
B. Exclusive agency
C. Open listing
D. Net listing
Answer: Open listing
Open listings allow multiple brokers; only the successful one earns
commission.
6. Which law prohibits discrimination based on race, religion, or national
origin?
A. ADA
B. RESPA
C. Fair Housing Act
D. TILA
Answer: Fair Housing Act
The Fair Housing Act prohibits discrimination in housing.
7. A property manager collects rent on behalf of the owner. This represents:
A. General agency
B. Universal agency
, C. Special agency
D. Dual agency
Answer: General agency
A general agent performs ongoing duties for the principal.
8. Which deed provides the greatest protection to the buyer?
A. Quitclaim deed
B. Special warranty deed
C. General warranty deed
D. Bargain and sale deed
Answer: General warranty deed
It guarantees title against all defects, past and present.
9. Which loan type has payments that change periodically?
A. Fixed-rate mortgage
B. Adjustable-rate mortgage
C. Balloon mortgage
D. Reverse mortgage
Answer: Adjustable-rate mortgage
Interest rates adjust over time, affecting payments.
10.A buyer defaults on a mortgage. The lender may:
A. Lease the property
B. Foreclose
C. Refinance
D. Appraise
Answer: Foreclose
Foreclosure allows the lender to recover the loan balance.
11.Which appraisal principle states value is affected by nearby properties?
A. Contribution
B. Conformity
C. Substitution
D. Anticipation
