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Principles of Real Estate 1 Questions and
Correct Answers/ Latest Update / Already
Graded
All of the following violate the Texas Real Estate License Act, EXCEPT:
Ans: Disclosing all known facts pertaining to a property to a
client
The aspect of the real estate business that is concerned with bringing
together the parties and completing the transactions is:
Ans: brokerage
An attorney from another state must have a Texas real estate license
to receive a commission for a real estate transaction in Texas.
Ans: true
all of the following are true about a Texas homestead, except:
Ans: homestead protection can be waived in writing
ad valorem taxes:
All rights reserved © 2025/ 2026 |
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Ans: Are according to value, Create the highest priority lien on
real property, Are always paid first at a foreclosu re sale
Which real estate contract is the exception to the Statute of Frauds?
Ans: a lease for one year or less
Factors that affect homeowners insurance premiums can include which
of the following?
Ans: age and condition of the home, location, the
policyholder's claims history
Which of the following is required for a lot and block description of a
property?
Ans: a recorded plat
integrity is best described as:
Ans: The duty of a licensee to employ prudence and caution so
as to avoid misrepresentation in any way
When a holdover tenant refuses to leave and is not paying rent his
interest in the property is called:
All rights reserved © 2025/ 2026 |
Principles of Real Estate 1 Questions and
Correct Answers/ Latest Update / Already
Graded
All of the following violate the Texas Real Estate License Act, EXCEPT:
Ans: Disclosing all known facts pertaining to a property to a
client
The aspect of the real estate business that is concerned with bringing
together the parties and completing the transactions is:
Ans: brokerage
An attorney from another state must have a Texas real estate license
to receive a commission for a real estate transaction in Texas.
Ans: true
all of the following are true about a Texas homestead, except:
Ans: homestead protection can be waived in writing
ad valorem taxes:
All rights reserved © 2025/ 2026 |
, Page |2
Ans: Are according to value, Create the highest priority lien on
real property, Are always paid first at a foreclosu re sale
Which real estate contract is the exception to the Statute of Frauds?
Ans: a lease for one year or less
Factors that affect homeowners insurance premiums can include which
of the following?
Ans: age and condition of the home, location, the
policyholder's claims history
Which of the following is required for a lot and block description of a
property?
Ans: a recorded plat
integrity is best described as:
Ans: The duty of a licensee to employ prudence and caution so
as to avoid misrepresentation in any way
When a holdover tenant refuses to leave and is not paying rent his
interest in the property is called:
All rights reserved © 2025/ 2026 |
