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Exam (elaborations)

Real Estate Principles I Unit 1 (exam) questions & answers.

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Real Estate Principles I Unit 1 (exam) questions & answers.

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Real Estate Principles I Unit 1 (exam)
questions & answers.
Texas real estate license holders are regulated by: ANS -Texas Real Estate Commission.



__________ is the number of jobs added or deleted if the growth is negative, to the number of jobs in
an area. ANS -Job growth



Real estate agents who do not comply with the duties and obligations required by law may be subject
to: ANS -all of the choices apply.



Which of the following is true regarding federal "do-not-call" rules? ANS -Calls must be made between
8:00 AM and 9:00 PM.



To be eligible to get a Texas real estate sales agent or broker license, a person must: ANS -all of the
choices apply.



Typically, a new licensee's first expense will be to: ANS -pay for his or her license.



By observing the code of ethics, members of local, state, and national trade associations promote
__________ and harmony and further the interests of the real estate industry as well as the public ANS -
goodwill



The Education Standards Advisory Committee has _____ members appointed by the Commission. ANS -
12



A contract between the property owner and the brokerage to place properties for sale with the
brokerage is a: ANS -listing agreement.



The purpose of a real estate association is to: ANS -upgrade the reputation and dignity of the real estate
business.

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