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PRINCIPLES OF REAL ESTATE 1 CERTIFICATION EXAM SCRIPT 2026 QUESTIONS WITH CORRECT ANSWERS

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PRINCIPLES OF REAL ESTATE 1 CERTIFICATION EXAM SCRIPT 2026 QUESTIONS WITH CORRECT ANSWERS

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PRINCIPLES OF REAL ESTATE 1 CERTIFICATION
EXAM SCRIPT 2026 QUESTIONS WITH
CORRECT ANSWERS



◉ The aspect of the real estate business that is concerned with bringing
together the parties and completing the transactions is: Answer:
brokerage


◉ An attorney from another state must have a Texas real estate license to
receive a commission for a real estate transaction in Texas. Answer: true


◉ all of the following are true about a Texas homestead, except:
Answer: homestead protection can be waived in writing


◉ ad valorem taxes: Answer: Are according to value, Create the highest
priority lien on real property, Are always paid first at a foreclosure sale


◉ Which real estate contract is the exception to the Statute of Frauds?
Answer: a lease for one year or less

, ◉ Factors that affect homeowners insurance premiums can include
which of the following? Answer: 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? Answer: a recorded plat


◉ integrity is best described as: Answer: 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: Answer: tenancy at sufferance


◉ steering is: Answer: Directing buyers to or away from a particular
neighborhood based on protected categories


◉ crops are: Answer: emblements


◉ when a Texas real estate licensee is in inactive status: Answer: he is
responsible for renewal fees


◉ permanent additions to land are called: Answer: improvements
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