8/11/25, 7:51 AM Texas Real Estate Exam Prep | Complete Questions and Correct Answers | Graded A+ | Verified Answers | Brand New Version! Fla…
Texas Real Estate Exam Prep | Complete
Questions and Correct Answers | Graded A+ |
Verified Answers | Brand New Version!
In Texas, who is authorized An attorney licensed to practice law
to draft deeds, mortgages,
deeds of trust, and notes? The answer is an attorney licensed to practice law.
A) A licensed real estate Only licensed attorneys may prepare legal
broker documents such as deeds, mortgages, deeds of trust,
B) The mortgage lender and notes.
C) An attorney licensed to
practice law
D) The title company clerk
1/41
,8/11/25, 7:51 AM Texas Real Estate Exam Prep | Complete Questions and Correct Answers | Graded A+ | Verified Answers | Brand New Version! Fla…
A seller of residential real A)
property that is subject to the notice must be delivered to the purchaser before
membership in a property the effective date of the contract.
owners' association is
required to give a The answer is the notice must be delivered to the
prospective purchaser a purchaser before the effective date of the contract. If
written notice. All of the the notice is not delivered to the purchaser before the
following are true effective date of the contract, the purchaser may
regarding the written terminate the contract for any reason within the
notice EXCEPT earlier of seven days after the date the purchaser
A) receives the notice or the date of closing.
the notice must be
delivered to the purchaser
before the effective date
of the contract.
B)
the notice must state that
the purchaser would be
obligated to be a member
of the association.
C)
the notice must state
failure to pay association
assessments could result
in a lien on and the
foreclosure of the
property.
D)
the promulgated
Addendum For Property
Subject To Mandatory
Membership In A Property
Owners Association.
2/41
,8/11/25, 7:51 AM Texas Real Estate Exam Prep | Complete Questions and Correct Answers | Graded A+ | Verified Answers | Brand New Version! Fla…
Which of the following C)
requires a real estate A company that, for an advance fee, matches
license? individuals from different parts of the country who
A) want to exchange properties and assists them in
An executor selling a doing so
decedent's building
B) The answer is a company that, for an advance fee,
A person employed by a matches individuals from different parts of the country
builder to sell the new who want to exchange properties and assists them in
homes doing so. Matching individuals for a fee or commission
C) is an act of brokerage and requires a real estate
A company that, for an license.
advance fee, matches
individuals from different
parts of the country who
want to exchange
properties and assists
them in doing so
D)
An onsite apartment
manager who collects rent
on behalf of the owner of
the apartment complex
3/41
, 8/11/25, 7:51 AM Texas Real Estate Exam Prep | Complete Questions and Correct Answers | Graded A+ | Verified Answers | Brand New Version! Fla…
A broker who is A)
representing both parties both parties give their written informed consent to the
as an intermediary may dual compensation.
receive a commission from
both the seller and the The answer is both parties give their written informed
buyer, or landlord and consent to the dual compensation. In an intermediary
tenant, if transaction, both parties must give their informed
A) written consent to the dual compensation.
both parties give their
written informed consent
to the dual compensation.
B)
the broker holds a state
license.
C)
the buyer and the seller
are related by blood or
marriage.
D)
both parties are
represented by attorneys.
4/41
Texas Real Estate Exam Prep | Complete
Questions and Correct Answers | Graded A+ |
Verified Answers | Brand New Version!
In Texas, who is authorized An attorney licensed to practice law
to draft deeds, mortgages,
deeds of trust, and notes? The answer is an attorney licensed to practice law.
A) A licensed real estate Only licensed attorneys may prepare legal
broker documents such as deeds, mortgages, deeds of trust,
B) The mortgage lender and notes.
C) An attorney licensed to
practice law
D) The title company clerk
1/41
,8/11/25, 7:51 AM Texas Real Estate Exam Prep | Complete Questions and Correct Answers | Graded A+ | Verified Answers | Brand New Version! Fla…
A seller of residential real A)
property that is subject to the notice must be delivered to the purchaser before
membership in a property the effective date of the contract.
owners' association is
required to give a The answer is the notice must be delivered to the
prospective purchaser a purchaser before the effective date of the contract. If
written notice. All of the the notice is not delivered to the purchaser before the
following are true effective date of the contract, the purchaser may
regarding the written terminate the contract for any reason within the
notice EXCEPT earlier of seven days after the date the purchaser
A) receives the notice or the date of closing.
the notice must be
delivered to the purchaser
before the effective date
of the contract.
B)
the notice must state that
the purchaser would be
obligated to be a member
of the association.
C)
the notice must state
failure to pay association
assessments could result
in a lien on and the
foreclosure of the
property.
D)
the promulgated
Addendum For Property
Subject To Mandatory
Membership In A Property
Owners Association.
2/41
,8/11/25, 7:51 AM Texas Real Estate Exam Prep | Complete Questions and Correct Answers | Graded A+ | Verified Answers | Brand New Version! Fla…
Which of the following C)
requires a real estate A company that, for an advance fee, matches
license? individuals from different parts of the country who
A) want to exchange properties and assists them in
An executor selling a doing so
decedent's building
B) The answer is a company that, for an advance fee,
A person employed by a matches individuals from different parts of the country
builder to sell the new who want to exchange properties and assists them in
homes doing so. Matching individuals for a fee or commission
C) is an act of brokerage and requires a real estate
A company that, for an license.
advance fee, matches
individuals from different
parts of the country who
want to exchange
properties and assists
them in doing so
D)
An onsite apartment
manager who collects rent
on behalf of the owner of
the apartment complex
3/41
, 8/11/25, 7:51 AM Texas Real Estate Exam Prep | Complete Questions and Correct Answers | Graded A+ | Verified Answers | Brand New Version! Fla…
A broker who is A)
representing both parties both parties give their written informed consent to the
as an intermediary may dual compensation.
receive a commission from
both the seller and the The answer is both parties give their written informed
buyer, or landlord and consent to the dual compensation. In an intermediary
tenant, if transaction, both parties must give their informed
A) written consent to the dual compensation.
both parties give their
written informed consent
to the dual compensation.
B)
the broker holds a state
license.
C)
the buyer and the seller
are related by blood or
marriage.
D)
both parties are
represented by attorneys.
4/41
