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Real Estate Law Actual Exam Elite Review With Complete Questions And Verified Answers Graded A Plus 2026

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REAL ESTATE LAW ACTUAL EXAM ELITE REVIEW WITH COMPLETE QUESTIONS AND VERIFIED ANSWERS GRADED A PLUS 2026

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REAL ESTATE LAW ACTUAL EXAM ELITE
REVIEW WITH COMPLETE QUESTIONS AND
VERIFIED ANSWERS GRADED A PLUS 2026

‣ TERLA . Answer: - Texas Real Estate License Act


- Created in 1939


‣ TREC . Answer: - Texas Real Estate Commission


- Created in 1949 to administer/enforce TERLA


‣ Real Estate Center . Answer: - Located at Texas A&M University


- Created in 1970


‣ TREC-Promulgated Forms/Leases (Residential): . Answer: - One-to-
Four Family Residential Contract (Resale)


- New Home Contract (Completed Construction)


- Residential Condo Contract (Resale)

, - New Home Contract (Incomplete Construction)


- Unimproved Property Contract


- Farm and Ranch


(Note: TREC has promulgated contract addenda and other forms, listed
on Thepage 18)


‣ Four categories of unlawful trade practices are: . Answer: 1 -
Misleading or deceptive conduct employed by any person that was relied
upon by the consumer to the consumer's detriment


2 - Breach of express or implied warranties


3 - Violation of the Texas Insurance Code (Chpt 51)


4 - An unconscionable action or course of action by any person


‣ Physical Characteristics of Land . Answer: - Indestructibility: cannot
be destroyed


- Immobility: cannot be moved

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