AND CORRECT ANSWER WITH EXPLANATION LATEST
2025-2026
1.
The Texas Real Estate Commission is known as:
A. TREC
B. DRE
C. HUD
D. TAR
Answer: A
Rationale: TREC regulates Texas real estate licensing.
2.
A Texas sales agent must be sponsored by:
A. A licensed broker
B. An attorney
C. A lender
D. An appraiser
Answer: A
Rationale: Texas sales agents cannot practice independently.
3.
A Texas real estate license is issued by:
A. TREC
B. HUD
C. TAR
D. EPA
Answer: A
Rationale: TREC handles licensing and regulation.
,4.
A real estate sales agent license in Texas is valid for:
A. 2 years
B. 1 year
C. 4 years
D. 5 years
Answer: A
Rationale: Texas licenses renew every 2 years.
5.
Real property includes:
A. Land and improvements
B. Furniture only
C. Vehicles
D. Stocks
Answer: A
Rationale: Real property includes land and attached items.
6.
Personal property is also called:
A. Chattel
B. Fixture
C. Realty
D. Estate
Answer: A
Rationale: Chattel refers to movable property.
7.
A fixture is:
A. Attached to real property
B. Personal clothing
C. Movable furniture
D. Cash deposit
, Answer: A
Rationale: Fixtures become part of the property.
8.
Which estate provides the highest ownership interest?
A. Fee simple estate
B. Leasehold estate
C. Life estate
D. Easement
Answer: A
Rationale: Fee simple provides maximum ownership rights.
9.
A deed is used to:
A. Transfer title ownership
B. Secure a loan
C. Pay taxes
D. Obtain insurance
Answer: A
Rationale: Deeds convey ownership.
10.
The borrower in a mortgage is:
A. Mortgagor
B. Mortgagee
C. Trustee
D. Beneficiary
Answer: A
Rationale: Borrower gives mortgage security.
11.