Texas State Portion Real Estate
Exam | Latest 2026–2027
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, Who is responsible for any wrongs done by a The broker is liable for the wrongdoing of his or her salespersons. The principal
salesperson while acting within the scope of the agency is liable for any wrongs committed by the broker while acting within the scope of
agreement? the agency agreement.
what is the distinction between sales contracts and One characteristic of sales contracts is mutual obligation. Option contracts lack
option contracts? mutual obligation. The buyer in an option contract is not obligated to buy.
A listing agreement must contain: a standard street address is sufficient.
If the commission investigates a complaint and A licensee who faces suspension or revocation of their license is entitled to a
determines that an individual's real estate license should hearing within 30 days of the commission reaching their decision.
be suspended or revoked, the licensee is entitled to a
hearing before the commission within how many days
after the commission reaches its decision?
Which of the licensed entities does not fall under the The Texas Appraiser Licensing and Certification Board has jurisdiction over state
regulatory authority of the Texas Real Estate licensed and certified appraisers. In addition to licensing brokers and
Commission? salespersons, the Texas Real Estate Commission is responsible for licensing real
estate inspectors and for regulation of companies that sell and issue residential
service contracts ("home warranties"). (Article 65736, Vernon's Texas Civil
Statutes.
A licensee in Texas may not practice law, unless licensed a deed, deed of trust, will, or other written instrument that may transfer or affect
and authorized to do so in Texas. Practicing law includes the title to land.
altering contracts, or drawing up:
What penalties may a licensee who breaches the agency A licensee who breaches the agency relationship may be sued for damages,
relationship face? termination of the contract, and/or non-payment of the commission.
Undisclosed dual agency is: a violation of the TRELA.
What is the composition of the Broker-Lawyer Six broker members are appointed by the Texas Real Estate Commission; six
Committee? attorney members are appointed by the President of the State Bar of Texas. The
appointees serve a term of six years with one-third of them being appointed
every two years.
A licensee must disclose any existing agency may be done orally or in writing.
relationships to a new client. This disclosure:
A broker may do which of the following for an individual A broker may obtain financing, assist in locating a property, and prepare a
without actually representing the individual? contract or lease for an individual without representing the individual.
A real estate licensee must notify the real estate program A licensee must notify the real estate program manager within 20 days of
manager if: receiving any criminal complaint, information, indictment, or conviction in which
the licensee is named as a defendant; or entry of a civil court order, verdict, or
judgment, against the licensee in any court of competent jurisdiction in which the
subject matter therein involves any real estate or business-related activity by the
licensee.
Pamela, who lives in a suburb in which many homes are unacceptable because it involves an activity for which a real estate license is
rented, decides to open a rental agency in order to assist required.
her friends in finding suitable renters. Pamela's conduct
is
The sole broker of a brokerage firm has his or her real If the broker's license is suspended or revoked, the salespersons' licenses are
estate license suspended for two years. What would made inactive and must be returned to the commission. A salesperson's license
happen to the licenses of the salespersons affiliated with may be made active when the salesperson is sponsored by a new broker.
this broker?
Exam | Latest 2026–2027
** Expert-Verified Explanation
** All Questions with Verified Answer
** Guaranteed Pass
** 100% Correct Answers | Graded A+
, Who is responsible for any wrongs done by a The broker is liable for the wrongdoing of his or her salespersons. The principal
salesperson while acting within the scope of the agency is liable for any wrongs committed by the broker while acting within the scope of
agreement? the agency agreement.
what is the distinction between sales contracts and One characteristic of sales contracts is mutual obligation. Option contracts lack
option contracts? mutual obligation. The buyer in an option contract is not obligated to buy.
A listing agreement must contain: a standard street address is sufficient.
If the commission investigates a complaint and A licensee who faces suspension or revocation of their license is entitled to a
determines that an individual's real estate license should hearing within 30 days of the commission reaching their decision.
be suspended or revoked, the licensee is entitled to a
hearing before the commission within how many days
after the commission reaches its decision?
Which of the licensed entities does not fall under the The Texas Appraiser Licensing and Certification Board has jurisdiction over state
regulatory authority of the Texas Real Estate licensed and certified appraisers. In addition to licensing brokers and
Commission? salespersons, the Texas Real Estate Commission is responsible for licensing real
estate inspectors and for regulation of companies that sell and issue residential
service contracts ("home warranties"). (Article 65736, Vernon's Texas Civil
Statutes.
A licensee in Texas may not practice law, unless licensed a deed, deed of trust, will, or other written instrument that may transfer or affect
and authorized to do so in Texas. Practicing law includes the title to land.
altering contracts, or drawing up:
What penalties may a licensee who breaches the agency A licensee who breaches the agency relationship may be sued for damages,
relationship face? termination of the contract, and/or non-payment of the commission.
Undisclosed dual agency is: a violation of the TRELA.
What is the composition of the Broker-Lawyer Six broker members are appointed by the Texas Real Estate Commission; six
Committee? attorney members are appointed by the President of the State Bar of Texas. The
appointees serve a term of six years with one-third of them being appointed
every two years.
A licensee must disclose any existing agency may be done orally or in writing.
relationships to a new client. This disclosure:
A broker may do which of the following for an individual A broker may obtain financing, assist in locating a property, and prepare a
without actually representing the individual? contract or lease for an individual without representing the individual.
A real estate licensee must notify the real estate program A licensee must notify the real estate program manager within 20 days of
manager if: receiving any criminal complaint, information, indictment, or conviction in which
the licensee is named as a defendant; or entry of a civil court order, verdict, or
judgment, against the licensee in any court of competent jurisdiction in which the
subject matter therein involves any real estate or business-related activity by the
licensee.
Pamela, who lives in a suburb in which many homes are unacceptable because it involves an activity for which a real estate license is
rented, decides to open a rental agency in order to assist required.
her friends in finding suitable renters. Pamela's conduct
is
The sole broker of a brokerage firm has his or her real If the broker's license is suspended or revoked, the salespersons' licenses are
estate license suspended for two years. What would made inactive and must be returned to the commission. A salesperson's license
happen to the licenses of the salespersons affiliated with may be made active when the salesperson is sponsored by a new broker.
this broker?
