©SOPHIABENNETT_2024/2025 EXAM SERIES Monday, September 2, 2024 9:52 AM
Texas State Portion Real Estate Exam
Questions and Answers
Who is responsible for any wrongs done by a salesperson while acting within the scope
of the agency agreement? - Answer✔️✔️-The broker is liable for the wrongdoing of his or
her salespersons. The principal is liable for any wrongs committed by the broker while
acting within the scope of the agency agreement.
what is the distinction between sales contracts and option contracts? - Answer✔️✔️-One
characteristic of sales contracts is mutual obligation. Option contracts lack mutual
obligation. The buyer in an option contract is not obligated to buy.
A listing agreement must contain: - Answer✔️✔️-a standard street address is sufficient.
If the commission investigates a complaint and determines that an individual's real
estate license should be suspended or revoked, the licensee is entitled to a hearing
before the commission within how many days after the commission reaches its
decision? - Answer✔️✔️-A licensee who faces suspension or revocation of their license is
entitled to a hearing within 30 days of the commission reaching their decision.
Which of the licensed entities does not fall under the regulatory authority of the Texas
Real Estate Commission? - Answer✔️✔️-The Texas Appraiser Licensing and Certification
Board has jurisdiction over state licensed and certified appraisers. In addition to
licensing brokers and salespersons, the Texas Real Estate Commission is responsible
for licensing real estate inspectors and for regulation of companies that sell and issue
Page | 1
, ©SOPHIABENNETT_2024/2025 EXAM SERIES Monday, September 2, 2024 9:52 AM
residential service contracts ("home warranties"). (Article 65736, Vernon's Texas Civil
Statutes.
A licensee in Texas may not practice law, unless licensed and authorized to do so in
Texas. Practicing law includes altering contracts, or drawing up: - Answer✔️✔️-a deed,
deed of trust, will, or other written instrument that may transfer or affect the title to land.
What penalties may a licensee who breaches the agency relationship face? -
Answer✔️✔️-A licensee who breaches the agency relationship may be sued for
damages, termination of the contract, and/or non-payment of the commission.
Undisclosed dual agency is: - Answer✔️✔️-a violation of the TRELA.
What is the composition of the Broker-Lawyer Committee? - Answer✔️✔️-Six broker
members are appointed by the Texas Real Estate Commission; six 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 relationships to a new client. This
disclosure: - Answer✔️✔️-may be done orally or in writing.
A broker may do which of the following for an individual without actually representing
the individual? - Answer✔️✔️-A broker may obtain financing, assist in locating a property,
and prepare a contract or lease for an individual without representing the individual.
A real estate licensee must notify the real estate program manager if: - Answer✔️✔️-A
licensee must notify the real estate program manager within 20 days of 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
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, ©SOPHIABENNETT_2024/2025 EXAM SERIES Monday, September 2, 2024 9:52 AM
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 rented, decides to open a
rental agency in order to assist her friends in finding suitable renters. Pamela's conduct
is - Answer✔️✔️-unacceptable because it involves an activity for which a real estate
license is required.
The sole broker of a brokerage firm has his or her real estate license suspended for two
years. What would happen to the licenses of the salespersons affiliated with this
broker? - Answer✔️✔️-If the broker's license is suspended or revoked, the salespersons'
licenses are made inactive and must be returned to the commission. A salesperson's
license may be made active when the salesperson is sponsored by a new broker.
Which agency is responsible for the contract forms used by Texas licensees? -
Answer✔️✔️-The Texas Real Estate Commission
A community property with rights of survivorship agreement must: - Answer✔️✔️-doesn't
need to go through probate, must be signed by both spouses, must include the property
description, be in writing, contain wording that makes evident the intent of survivorship,
and be recorded in the county courthouse.
Generally, the most important responsibility of an agent is to: - Answer✔️✔️-represent the
financial interests of the client.
Broker Bea recently entered into a listing contract with Seller Sally. Broker Bea just
learned that Sally is actually 17 years old and not married. The listing contract is: -
Answer✔️✔️-voidable at the option of the minor.
Page | 3
Texas State Portion Real Estate Exam
Questions and Answers
Who is responsible for any wrongs done by a salesperson while acting within the scope
of the agency agreement? - Answer✔️✔️-The broker is liable for the wrongdoing of his or
her salespersons. The principal is liable for any wrongs committed by the broker while
acting within the scope of the agency agreement.
what is the distinction between sales contracts and option contracts? - Answer✔️✔️-One
characteristic of sales contracts is mutual obligation. Option contracts lack mutual
obligation. The buyer in an option contract is not obligated to buy.
A listing agreement must contain: - Answer✔️✔️-a standard street address is sufficient.
If the commission investigates a complaint and determines that an individual's real
estate license should be suspended or revoked, the licensee is entitled to a hearing
before the commission within how many days after the commission reaches its
decision? - Answer✔️✔️-A licensee who faces suspension or revocation of their license is
entitled to a hearing within 30 days of the commission reaching their decision.
Which of the licensed entities does not fall under the regulatory authority of the Texas
Real Estate Commission? - Answer✔️✔️-The Texas Appraiser Licensing and Certification
Board has jurisdiction over state licensed and certified appraisers. In addition to
licensing brokers and salespersons, the Texas Real Estate Commission is responsible
for licensing real estate inspectors and for regulation of companies that sell and issue
Page | 1
, ©SOPHIABENNETT_2024/2025 EXAM SERIES Monday, September 2, 2024 9:52 AM
residential service contracts ("home warranties"). (Article 65736, Vernon's Texas Civil
Statutes.
A licensee in Texas may not practice law, unless licensed and authorized to do so in
Texas. Practicing law includes altering contracts, or drawing up: - Answer✔️✔️-a deed,
deed of trust, will, or other written instrument that may transfer or affect the title to land.
What penalties may a licensee who breaches the agency relationship face? -
Answer✔️✔️-A licensee who breaches the agency relationship may be sued for
damages, termination of the contract, and/or non-payment of the commission.
Undisclosed dual agency is: - Answer✔️✔️-a violation of the TRELA.
What is the composition of the Broker-Lawyer Committee? - Answer✔️✔️-Six broker
members are appointed by the Texas Real Estate Commission; six 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 relationships to a new client. This
disclosure: - Answer✔️✔️-may be done orally or in writing.
A broker may do which of the following for an individual without actually representing
the individual? - Answer✔️✔️-A broker may obtain financing, assist in locating a property,
and prepare a contract or lease for an individual without representing the individual.
A real estate licensee must notify the real estate program manager if: - Answer✔️✔️-A
licensee must notify the real estate program manager within 20 days of 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
Page | 2
, ©SOPHIABENNETT_2024/2025 EXAM SERIES Monday, September 2, 2024 9:52 AM
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 rented, decides to open a
rental agency in order to assist her friends in finding suitable renters. Pamela's conduct
is - Answer✔️✔️-unacceptable because it involves an activity for which a real estate
license is required.
The sole broker of a brokerage firm has his or her real estate license suspended for two
years. What would happen to the licenses of the salespersons affiliated with this
broker? - Answer✔️✔️-If the broker's license is suspended or revoked, the salespersons'
licenses are made inactive and must be returned to the commission. A salesperson's
license may be made active when the salesperson is sponsored by a new broker.
Which agency is responsible for the contract forms used by Texas licensees? -
Answer✔️✔️-The Texas Real Estate Commission
A community property with rights of survivorship agreement must: - Answer✔️✔️-doesn't
need to go through probate, must be signed by both spouses, must include the property
description, be in writing, contain wording that makes evident the intent of survivorship,
and be recorded in the county courthouse.
Generally, the most important responsibility of an agent is to: - Answer✔️✔️-represent the
financial interests of the client.
Broker Bea recently entered into a listing contract with Seller Sally. Broker Bea just
learned that Sally is actually 17 years old and not married. The listing contract is: -
Answer✔️✔️-voidable at the option of the minor.
Page | 3
