Texas Real Estate Salesperson Exam Questions
And Correct Answer with Rational (100%
verified answer) Q & A 2026 /
Instant download PDF
1. Which law governs real estate license holders in Texas?
A. TREC Act
B. Texas Property Code
C. Federal Housing Act
D. RESPA
Answer: A
Rationale: The Texas Real Estate Commission (TREC) Act regulates licensing and
conduct of real estate professionals in Texas.
2. What is required to obtain a Texas real estate license?
A. College degree
B. Passing exam and education hours
C. Law degree
D. Banking license
Answer: B
Rationale: Texas requires pre-licensing education and passing the state exam.
3. A fiduciary duty includes which of the following?
A. Advertising property
B. Loyalty to client
,C. Sharing commissions
D. Public disclosure
Answer: B
Rationale: Loyalty is a core fiduciary duty owed to clients.
4. What is the primary purpose of a listing agreement?
A. Transfer ownership
B. Authorize broker to sell property
C. Set tax rates
D. Record deeds
Answer: B
Rationale: A listing agreement authorizes a broker to market and sell property.
5. Which contract is required to be in writing under Texas law?
A. Oral lease under 1 year
B. Real estate sale contract
C. Verbal promise
D. Handshake agreement
Answer: B
Rationale: Real estate sale contracts must be in writing under the Statute of
Frauds.
6. What does “MLS” stand for?
A. Market Listing System
B. Multiple Listing Service
C. Mortgage Loan Service
D. Main Listing System
Answer: B
Rationale: MLS is a cooperative database for property listings.
, 7. Which document conveys ownership of real estate?
A. Mortgage
B. Deed
C. Lease
D. Listing agreement
Answer: B
Rationale: A deed transfers title ownership.
8. What is earnest money?
A. Commission fee
B. Buyer’s deposit showing good faith
C. Property tax
D. Loan fee
Answer: B
Rationale: Earnest money shows buyer commitment in a transaction.
9. Which agency represents the seller only?
A. Dual agency
B. Single agency
C. Subagency
D. Transaction brokerage
Answer: B
Rationale: Single agency represents one party exclusively.
10. What is a counteroffer?
A. Acceptance of offer
B. Rejection and new offer
C. Contract termination
D. Lease renewal
And Correct Answer with Rational (100%
verified answer) Q & A 2026 /
Instant download PDF
1. Which law governs real estate license holders in Texas?
A. TREC Act
B. Texas Property Code
C. Federal Housing Act
D. RESPA
Answer: A
Rationale: The Texas Real Estate Commission (TREC) Act regulates licensing and
conduct of real estate professionals in Texas.
2. What is required to obtain a Texas real estate license?
A. College degree
B. Passing exam and education hours
C. Law degree
D. Banking license
Answer: B
Rationale: Texas requires pre-licensing education and passing the state exam.
3. A fiduciary duty includes which of the following?
A. Advertising property
B. Loyalty to client
,C. Sharing commissions
D. Public disclosure
Answer: B
Rationale: Loyalty is a core fiduciary duty owed to clients.
4. What is the primary purpose of a listing agreement?
A. Transfer ownership
B. Authorize broker to sell property
C. Set tax rates
D. Record deeds
Answer: B
Rationale: A listing agreement authorizes a broker to market and sell property.
5. Which contract is required to be in writing under Texas law?
A. Oral lease under 1 year
B. Real estate sale contract
C. Verbal promise
D. Handshake agreement
Answer: B
Rationale: Real estate sale contracts must be in writing under the Statute of
Frauds.
6. What does “MLS” stand for?
A. Market Listing System
B. Multiple Listing Service
C. Mortgage Loan Service
D. Main Listing System
Answer: B
Rationale: MLS is a cooperative database for property listings.
, 7. Which document conveys ownership of real estate?
A. Mortgage
B. Deed
C. Lease
D. Listing agreement
Answer: B
Rationale: A deed transfers title ownership.
8. What is earnest money?
A. Commission fee
B. Buyer’s deposit showing good faith
C. Property tax
D. Loan fee
Answer: B
Rationale: Earnest money shows buyer commitment in a transaction.
9. Which agency represents the seller only?
A. Dual agency
B. Single agency
C. Subagency
D. Transaction brokerage
Answer: B
Rationale: Single agency represents one party exclusively.
10. What is a counteroffer?
A. Acceptance of offer
B. Rejection and new offer
C. Contract termination
D. Lease renewal
