AYPO REAL ESTATE PRINCIPLES OF REAL ESTATE 1
NEWEST 2025 ACTUAL EXAM 2025/2026 NEWEST ACTUAL
EXAM WITH COMPLETE QUESTIONS AND VERIFIED
ANSWERS |ALREADY GRADED A+|
Who determines the salaries of the executive director, officers,
and employees of the commission? - ANSWER-The commission.
A subpoena may be issued throughout the state and may be
served by: - ANSWER-any person designated by the commission.
The commission shall assign priorities and investigate complaints
using a risk-based approach based on any of these except: -
ANSWER-Length of time a licensee has been in practice
The Texas Real Estate Broker-Lawyer Committee consists of 13
members appointed as follows: - ANSWER-six members
appointed by the commission; six members of the State Bar of
Texas appointed by the president of the state bar; and one public
member appointed by the governor
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An educational institution shall maintain a corporate surety bond
or other security acceptable to the commission that is in the
amount of: - ANSWER-$20,000
When the relationship of a sales agent with the sales agent's
sponsoring broker terminates, the terminating party shall
immediately notify: - ANSWER-in writing both the other party and
the commission.
The commission shall waive the examination requirement for an
applicant for a broker or sales agent license if: - ANSWER-Both of
these are required
The commission by rule may: - ANSWER-prescribe the title,
content, and duration of continuing education courses that a
license holder must attend to renew a license
A person may not sell, buy, lease, or transfer an easement or
right-of-way for another, for compensation or with the expectation
of receiving compensation, for use in connection with
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telecommunication, utility, railroad, or pipeline service unless the
person: - ANSWER-1. Holds a license issued under this chapter
2. Holds a certificate of registration issued under this subchapter
When must a broker report a change of address to the
commission? - ANSWER-Not later than the 10th day after the
date a broker moves from the address designated on the broker's
license
The commission shall maintain a real estate recovery trust
account to reimburse aggrieved persons who suffer actual
damages caused by an act described by Section 1101.602
committed by: - ANSWER-1. A certificate holder.
2. a license holder.
3. a person who does not hold a license or certificate and who is
an employee or agent of a license or certificate holder.
The executive director shall give notice of the commission's order
to the person. The notice must: - ANSWER-1. inform the person
of the person's right to judicial review of the order