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Texas Real Estate National Exam Questions & Answers Updated 2026/2027 – Texas Real Estate License Exam Study Guide, National Real Estate Exam Prep, TREC, Property Ownership, Contracts, Agency, Finance, Mortgages, Appraisal, Fair Housing, Leasing, Closing

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Prepare for the **Texas Real Estate National Exam** with this comprehensive, exam-focused study resource containing multiple-choice questions and answers covering the major concepts commonly tested on the national portion of the real estate licensing examination. This resource is designed for students preparing for the **Texas Real Estate License Exam**, national real estate exam, salesperson licensing exam, broker exam, and comprehensive real estate exam preparation. This Texas Real Estate exam study material covers essential topics including **real property, personal property, fixtures, improvements, surface rights, riparian rights, littoral rights, encroachments, easements, appurtenances, trade fixtures, estates in land, life estates, remaindermen, reversionary interests, joint tenancy, tenancy in common, condominium ownership, partition, severalty, and government powers**. ### Key Real Estate Ownership & Property Topics Study important property ownership concepts such as: * Real property vs. personal property * Fixtures and trade fixtures * Improvements * Emblements * Surface rights * Riparian rights * Littoral rights * Encroachments * Easements * Dominant and servient estates * Life estates * Remainders and reversionary interests * Joint tenancy * Tenancy in common * Tenancy by entirety * Tenancy in severalty * Condominium ownership * Common areas * Partition * Adverse possession * Avulsion * Erosion * Dedication * Escheat * Police power * Eminent domain * Taxation * Zoning and land-use controls ### Deeds, Title & Foreclosure The material also addresses **general warranty deeds, special warranty deeds, covenants of title, covenant of seisin, covenant against encumbrances, covenant of quiet enjoyment, title insurance, title defects, liens, foreclosure, redemption rights, excess foreclosure proceeds, deeds in lieu of foreclosure, and real estate title concepts**. ### Leasing & Property Management Review important leasing concepts including: * Percentage leases * Gross leases * Net leases * Sale and leaseback * Lease with option to purchase * Contract for deed * Installment contracts * Leasehold estates * Tenant rights * Landlord-tenant relationships * Property management * Property management agreements * Trust accounts * Operating expenses * Security deposits * Property manager responsibilities ### Real Estate Contracts & Agency Prepare for contract and agency questions involving: * Statute of Frauds * Executory contracts * Executed contracts * Offer and acceptance * Communication of acceptance * Bilateral and unilateral contracts * Option contracts * Time is of the essence * Void and voidable contracts * Contracts with minors * Competency and capacity * Agent duties * Fiduciary relationships * Confidentiality * Disclosure * Loyalty * Obedience * Care * Accounting * Honesty and fairness * General agents * Special agents * Property management agency * Material facts * Confidential information * Due diligence ### Appraisal & Valuation Strengthen your understanding of real estate valuation and appraisal topics such as: * Market value * Replacement cost * Reproduction cost * Depreciation * Economic life * Functional obsolescence * Economic obsolescence * Physical deterioration * Highest and best use * Principles of value * Market data approach * Sales comparison approach * Cost approach * Income approach * Gross rent multiplier * Appraised value * Appraiser licensing concepts * Property valuation calculations ### Real Estate Finance & Mortgages The finance section includes key concepts involving: * Mortgage loans * Conventional financing * FHA financing * VA loans * Adjustable-rate mortgages * ARM adjustment periods * Loan-to-value ratios * Mortgage points * Origination points * Equity calculations * Amortization * Balloon loans * Assumptions * Straight assumptions * Assumption subject to * HELOC * Contract for deed * Foreclosure * Short sales * Credit considerations * Closing costs * Loan estimates * Closing disclosures * Regulation Z * Truth in Lending * RESPA * CFPB * HUD * FHA * VA financing ### Real Estate Math Improve your ability to handle frequently tested **real estate math** concepts, including: * Commission calculations * Broker commission splits * Sales associate commission calculations * Profit calculations * Equity calculations * Loan-to-value calculations * Mortgage points * Origination fees * Square footage * Square yards * Acreage conversions * Property pricing * Net proceeds * Seller proceeds * Closing calculations * Cost approach calculations * Depreciation calculations ### Fair Housing & Environmental Issues The material also covers major federal real estate regulations and environmental topics, including: * Federal Fair Housing Act * Civil Rights Act of 1968 * Fair housing discrimination * Steering * Protected classes * Reasonable accommodations * Disability accommodations * Housing discrimination complaints * HUD * Lead-based paint * Lead paint disclosure * Asbestos * Mold * Wetlands * CERCLA * EPA * Brownfields * Environmental hazards * Disclosure requirements ### Real Estate Brokerage, Trust Accounts & Ethics Additional concepts include: * Broker responsibilities * Salesperson responsibilities * Trust accounts * Earnest money * Commingling * Conversion * Record keeping * Confidentiality * Social media advertising * Real estate advertising * Liability insurance * Errors and omissions concepts * General liability insurance * Brokerage relationships * Client vs. customer * Professional conduct * Due diligence * Material facts ### Why This Resource Is Useful This **Texas Real Estate National Exam Questions & Answers** resource is designed to help you review terminology, recognize common exam concepts, reinforce calculations, and identify the correct answer to multiple-choice real estate questions. Use it for: Texas Real Estate License Exam preparation National Real Estate Exam preparation Texas salesperson exam study Texas broker exam preparation TREC-related exam review Real estate law review Real estate finance review Real estate math review Property ownership review Real estate contracts review Agency and fiduciary duties review Appraisal and valuation review Fair Housing review Mortgage and lending review Leasing and property management review Closing and settlement review Last-minute exam review Comprehensive real estate study preparation **Important:** This is an independent educational study resource and is not affiliated with or endorsed by the Texas Real Estate Commission (TREC), Pearson VUE, or any other official testing organization. Licensing rules, examination requirements, and regulatory information can change, so students should confirm current requirements with the appropriate official Texas sources.

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Texas Real Estate National Exam
Test Prep Multiple Choice
Questions Verified and
Provided with Complete A+
Graded Answers Latest
Updated 2026

A property owner has decided to do some


B landscaping work on his yard. He has planted a
tree surrounded by some flowering shrubs. The
tree and shrubs are an example of:


a. encroachments
b. improvements
c. surface rights
d. emblements

A property owner has a waterfront lot on a stream.
A
He has the right to use the water from the stream.
What is this right called?


a. riparian
b. littoral
c. appropriative
d. appropriation

A tenant is aware that his lease will expire at the C
end of the month. He has begun to disassemble
his display cabinets and shelves. Which of the
following statements about this is true?


a.he cannot take them without first obtaining
written
permission from the landlord
b. if the landlord wants them, he can pay
the tenant and the
tenant must leave them
c. the tenant can take these as they are
trade fixtures
d. he must disclose to the landlord that he plans
to take
them

,A seller is attending the closing on his property. C
The title company has discovered an unsatisfied
M&M lien on the property. Which of the following
is the most likely reason for the lien?


a.a workman on the property left tools behind
b. unpaid personal property taxes
c. plumbing work that was completed but never
paid for
d. a judgment



A listing agent went to inspect a seller's property


B hoping to list it for sale. The seller told the listing
agent that his neighbor's satellite dish trespasses
on his property. This is an example of:


a.annexation
b. encroachment
c. appurtenance
d. license

A father gives his son a life estate on a property. C
The son leases the property. The tenant dies. What
happens to the property?


a.it reverts to the father
b. it goes to the remainderman
c. it goes back to the son until he dies
d. it goes to the son's heirs



A man leaves his second wife a life estate in their A
home after which the property goes to his children
from his first marriage. The children:


a.are remaindermen
b. have fee simple determinable
c. have a life estate
d. have a dominant interest in the property




Which of the following statements about an C
easement is true?


a.an easement is a benefit to the servient
property owner
b.an easement is an encroachment
c. an easement is a benefit to the
dominant property owner
d. an easement in gross belongs to or passes
with the land



P, Q and R are joint tenants. P wants to sell the C
property, but Q and R do not. What can P do?


a.file an injunction against the other owners
b. seek a writ of execution
c. file a suit for partition
d. get a release

, A, B and C are joint tenants. C dies. B sells his C
share to D. What type of ownership do A and D
have?


a.joint tenants
b.tenants by the entirety
c. tenants in common
d. tenants in severalty



Under what right can the government change A
property use from commercial to residential only?


a. Police Power
b. Eminent Domain
c.Taxation
d. Escheat



Ownership of the common areas of condominiums
C
is most likely to be:


a.joint tenancy
b.tenancy by the entirety
c. tenancy in common
d. sole ownership

What should a buyer do to ensure that he is


D getting the best title to real property?


a.get an attorney's opinion of title
b. get title insurance
c. get a special warranty deed
d. get a general warranty deed

Which covenant in a deed guarantees that the C
owners will not suffer or be disturbed by any
claims on the property?


a.the covenant of seizen
b.the covenant against encumbrances
c. the covenant of quiet enjoyment
d. the covenant of warranty forever




Excess money at a foreclosure sale goes to: A


a.the borrower
b.the lender
c. the courts
d. the trustee


After defaulting on a real estate loan, a borrower is


B able to pay off the loan prior to the foreclosure
sale. This is called:


a.right of first refusal
b. right of redemption
c. deed in lieu of foreclosure
d. an equitable estate

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