Texas Real Estate Exam-State Portion with all Correct & 100%
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Who is responsible for the acts of a salesperson? ✔Correct Answer-The sponsoring broker
Failure on the part of the agent to advise the purchaser of real property in writing that he
should have the abstract covering the property examined by an attorney of his own selection, or
that he should be furnished with a policy of title insurance shall: ✔Correct Answer-d. preclude
payment of, or recovery of, any commission agreed to be paid on the sale
An example of gratuitous agency is: ✔Correct Answer-b. Working for free
All of the following are examples of different ways of giving real estate legal description EXCEPT:
✔Correct Answer-b. the recorded mailing address
The sponsoring broker is responsible to TREC, the public, and the clients for the acts of
✔Correct Answer-d. his sponsored salespeople
The Texas Real Estate Broker-Lawyer Committee consists of: ✔Correct Answer-c. 13 members
A handwritten will signed by the testator but not witnessed is known as a(n): ✔Correct
Answer-b. holographic will
The only person who is allowed to give legal advice is: ✔Correct Answer-c. Attorney
How does the Texas Real Estate License Act define the first face-to-face meeting? ✔Correct
Answer-c. when substantive discussion occurs
An agency relationship is always created at the: ✔Correct Answer-a. broker level
A guide could be developed by the company to help all licensees learn to make ethical
decisions. ✔Correct Answer-a. True
Which of the following is true of the rules and regulations of the Texas Real Estate Commission?
✔Correct Answer-d. they have the full force and effect of law
A real estate license issued by the Texas Real Estate Commission must: ✔Correct Answer-c. be
prominently displayed by a residential rental locator
Land used for agriculture or wildlife management may qualify for an agricultural appraisal.
When the land is no longer used for agricultural or wildlife management rollback tax can occur.
The tax is owed by: ✔Correct Answer-d. the owner who changed the lands use
, TRELA states that to be eligible to receive a real estate license in the state of Texas a person
must ✔Correct Answer-d. satisfy the Commission as to the persons honesty
When the TAR Residential Leasing and Property Management Agreement is used the broker
becomes an employee of the owner. ✔Correct Answer-b. False
A salesperson: ✔Correct Answer-b. May not act as a salesperson until he has a sponsoring
broker
The real estate exam consists of 110 questions, 80 on the national portion of the test and 30 on
the Texas portion of the test. ✔Correct Answer-a. True
Intermediary agency has: ✔Correct Answer-d. Replaced dual agency
The Texas Real Estate Recovery Fund is funded: ✔Correct Answer-a. by real estate license fees
Who are the parties to the TREC sales contracts? ✔Correct Answer-a. the buyer and the seller
What are the required number of MCE hours needed to renew a salesperson license after all
SAE requirements have been met? ✔Correct Answer-a. 3 hours of ethics, 3 hours of legal and
9 hours of related MCE hours
The maxim amount an unlicensed person can receive for a referral is: ✔Correct Answer-a. $50
The Texas Property Code requires the seller of a dwelling of not more than one unit deliver a
Seller's Disclosure Notice to a buyer if the dwelling is a resale property. If the buyer has not
received the notice before signing the contract, the buyer may: ✔Correct Answer-a. terminate
the contract within 7 days after receiving the notice.
Which of the following statements is true of payment that is made from the Real Estate
Recovery Fund on account of licensee's acts? ✔Correct Answer-a. The license may be revoked
and a new one will not be issued until the fund has been reimbursed, with interest.
The One to Four Residential Contract (Resale) is the form used to make an offer on a property. It
becomes the contract when: ✔Correct Answer-d. all parties have signed.
A broker becomes the property manager for an owner who has several single family homes and
duplexes for rental. Under the management agreement the broker arranges for the
maintenance, collects rent and signs all of the leases with the tenants as agent for the owner. In
this scenario, the broker is a ✔Correct Answer-a. general agent
The "Seller's Disclosure of Property Condition" must be delivered to the buyer in all of the
following transactions EXCEPT: ✔Correct Answer-a. for sale of commercial property
Verified Answers |Latest Version |Already Graded A+
Who is responsible for the acts of a salesperson? ✔Correct Answer-The sponsoring broker
Failure on the part of the agent to advise the purchaser of real property in writing that he
should have the abstract covering the property examined by an attorney of his own selection, or
that he should be furnished with a policy of title insurance shall: ✔Correct Answer-d. preclude
payment of, or recovery of, any commission agreed to be paid on the sale
An example of gratuitous agency is: ✔Correct Answer-b. Working for free
All of the following are examples of different ways of giving real estate legal description EXCEPT:
✔Correct Answer-b. the recorded mailing address
The sponsoring broker is responsible to TREC, the public, and the clients for the acts of
✔Correct Answer-d. his sponsored salespeople
The Texas Real Estate Broker-Lawyer Committee consists of: ✔Correct Answer-c. 13 members
A handwritten will signed by the testator but not witnessed is known as a(n): ✔Correct
Answer-b. holographic will
The only person who is allowed to give legal advice is: ✔Correct Answer-c. Attorney
How does the Texas Real Estate License Act define the first face-to-face meeting? ✔Correct
Answer-c. when substantive discussion occurs
An agency relationship is always created at the: ✔Correct Answer-a. broker level
A guide could be developed by the company to help all licensees learn to make ethical
decisions. ✔Correct Answer-a. True
Which of the following is true of the rules and regulations of the Texas Real Estate Commission?
✔Correct Answer-d. they have the full force and effect of law
A real estate license issued by the Texas Real Estate Commission must: ✔Correct Answer-c. be
prominently displayed by a residential rental locator
Land used for agriculture or wildlife management may qualify for an agricultural appraisal.
When the land is no longer used for agricultural or wildlife management rollback tax can occur.
The tax is owed by: ✔Correct Answer-d. the owner who changed the lands use
, TRELA states that to be eligible to receive a real estate license in the state of Texas a person
must ✔Correct Answer-d. satisfy the Commission as to the persons honesty
When the TAR Residential Leasing and Property Management Agreement is used the broker
becomes an employee of the owner. ✔Correct Answer-b. False
A salesperson: ✔Correct Answer-b. May not act as a salesperson until he has a sponsoring
broker
The real estate exam consists of 110 questions, 80 on the national portion of the test and 30 on
the Texas portion of the test. ✔Correct Answer-a. True
Intermediary agency has: ✔Correct Answer-d. Replaced dual agency
The Texas Real Estate Recovery Fund is funded: ✔Correct Answer-a. by real estate license fees
Who are the parties to the TREC sales contracts? ✔Correct Answer-a. the buyer and the seller
What are the required number of MCE hours needed to renew a salesperson license after all
SAE requirements have been met? ✔Correct Answer-a. 3 hours of ethics, 3 hours of legal and
9 hours of related MCE hours
The maxim amount an unlicensed person can receive for a referral is: ✔Correct Answer-a. $50
The Texas Property Code requires the seller of a dwelling of not more than one unit deliver a
Seller's Disclosure Notice to a buyer if the dwelling is a resale property. If the buyer has not
received the notice before signing the contract, the buyer may: ✔Correct Answer-a. terminate
the contract within 7 days after receiving the notice.
Which of the following statements is true of payment that is made from the Real Estate
Recovery Fund on account of licensee's acts? ✔Correct Answer-a. The license may be revoked
and a new one will not be issued until the fund has been reimbursed, with interest.
The One to Four Residential Contract (Resale) is the form used to make an offer on a property. It
becomes the contract when: ✔Correct Answer-d. all parties have signed.
A broker becomes the property manager for an owner who has several single family homes and
duplexes for rental. Under the management agreement the broker arranges for the
maintenance, collects rent and signs all of the leases with the tenants as agent for the owner. In
this scenario, the broker is a ✔Correct Answer-a. general agent
The "Seller's Disclosure of Property Condition" must be delivered to the buyer in all of the
following transactions EXCEPT: ✔Correct Answer-a. for sale of commercial property
