Page |1
AYPO Real Estate Principles of Real
Estate I Exam Study Guide Questions and
Correct Answers/ Latest Update / Already
Graded
TREC has the authority under TRELA to suspend or even revoke a
broker's license if:
Ans: They conduct the unlawful practice of law
ESAC stands for:
Ans: Education Standards Advisory Committee
What refers to a location from an economic rather than a geographic
standpoint?
Ans: Situs.
Which amendment guarantees that a citizen will not be deprived of
property without due process of law?
Ans: 5th Amendment.
The CFPB is the:
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, Page |2
Ans: Consumer Financial Protection Bureau
A professional organization or association is usually a not-for-profit
organization that seeks to:
Ans: further a particular profession and the interests of
individuals engaged in that profession.
A contraction or generally slowing down of the economy is a:
Ans: Recession.
What is the primary purpose for real estate licensing laws?
Ans: 1. To protect the general public during real estate
transactions from dishonest or incompetent brokers and sales
agents.
2. To set out minimum standards and qualifications for
licensing brokers and sales agents.
3. To protect licensed brokers and sales agents from unfair or
improper competition.
Per 1101.2051(b), information or material prepared or compiled by the
commission in connection with a complaint, investigation, or audit
may be disclosed:
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Ans: to the respondent of the complaint.
What type of property category includes churches, other places of
worship, schools and colleges, cemeteries and certain government-
held properties?
Ans: Special-purpose.
Emblements are best described by which of the following?
Ans: Harvestable plants, trees, and uncultivated vegetation.
A manufactured home can be considered real property if:
Ans: 1. both the Texas Department of Housing and Community
Affairs and the home's county's chief tax appraiser have been
notified of the filing
2. a certified copy of the "Statement of ownership and location"
for the home has been filed by the owner in the real property
records of the county where the home is located
3. the owner of the home has elected to treat the home as their
real property
The number one reason that people move is:
Ans: Employment opportunity
All rights reserved © 2025/ 2026 |
AYPO Real Estate Principles of Real
Estate I Exam Study Guide Questions and
Correct Answers/ Latest Update / Already
Graded
TREC has the authority under TRELA to suspend or even revoke a
broker's license if:
Ans: They conduct the unlawful practice of law
ESAC stands for:
Ans: Education Standards Advisory Committee
What refers to a location from an economic rather than a geographic
standpoint?
Ans: Situs.
Which amendment guarantees that a citizen will not be deprived of
property without due process of law?
Ans: 5th Amendment.
The CFPB is the:
All rights reserved © 2025/ 2026 |
, Page |2
Ans: Consumer Financial Protection Bureau
A professional organization or association is usually a not-for-profit
organization that seeks to:
Ans: further a particular profession and the interests of
individuals engaged in that profession.
A contraction or generally slowing down of the economy is a:
Ans: Recession.
What is the primary purpose for real estate licensing laws?
Ans: 1. To protect the general public during real estate
transactions from dishonest or incompetent brokers and sales
agents.
2. To set out minimum standards and qualifications for
licensing brokers and sales agents.
3. To protect licensed brokers and sales agents from unfair or
improper competition.
Per 1101.2051(b), information or material prepared or compiled by the
commission in connection with a complaint, investigation, or audit
may be disclosed:
All rights reserved © 2025/ 2026 |
, Page |3
Ans: to the respondent of the complaint.
What type of property category includes churches, other places of
worship, schools and colleges, cemeteries and certain government-
held properties?
Ans: Special-purpose.
Emblements are best described by which of the following?
Ans: Harvestable plants, trees, and uncultivated vegetation.
A manufactured home can be considered real property if:
Ans: 1. both the Texas Department of Housing and Community
Affairs and the home's county's chief tax appraiser have been
notified of the filing
2. a certified copy of the "Statement of ownership and location"
for the home has been filed by the owner in the real property
records of the county where the home is located
3. the owner of the home has elected to treat the home as their
real property
The number one reason that people move is:
Ans: Employment opportunity
All rights reserved © 2025/ 2026 |
