PRINCIPLES OF REAL ESTATE 1-
TEXAS- THE CE SHOP EXAM
QUESTIONS & ANSWERS RATED
100% CORRECT
Which one of the following terms refers to the dimensions, physical features, and contours of
the land? - correct answer ✔✔Topography
Justin decided to build a privacy fence around his yard. He thought the fence was along the
property line, but it turns out he built it one foot inside his neighbor's property. What will an
inspector document as existing on the neighboring property? - correct answer
✔✔Encroachment
The term "real estate" refers to which of the following under TRELA's general provisions? -
correct answer ✔✔Any interest in real property, including a leasehold, located in or outside of
Texas
Lance purchased a home, but he won't own any real estate—just shares in a corporation. This is
because his new home is ______. - correct answer ✔✔A cooperative
Jack works for a great company creating online training for individuals who want to obtain their
real estate license or need to keep their license current. What is Jack's profession? - correct
answer ✔✔Real estate educator
How large is a section used in the rectangular government survey system? - correct answer
✔✔640 acres
, Unhappy with some of the fees a local mortgage company charges her clients, Renee decides to
not do business with that company and convinces buyer agents showing her listings to not do
business with this company, either. What is this an example of? - correct answer ✔✔Group
boycotting
Eric is a new licensee who wants to specialize in manufacturing and large office buildings. He is
probably interested in which type of specialization? - correct answer ✔✔Mixed use
Can sales agents defer their continuing education (CE) requirements if they don't complete their
continuing education prior to renewal? - correct answer ✔✔Yes, sales agents may defer
completion of CE for 60 days.
Sue Ellen has a contract to buy Roger's house, which she has always admired, when Roger
decides he's ready to move to a senior living community. After Roger finds a suitable senior
apartment and moves, Sue Ellen writes a check for the agreed-upon amount, and Roger
transfers the deed to her. What is happening in this scenario? - correct answer ✔✔Preformance
Barbara, a Texas sponsoring broker for Longhorn Realty, paid Gwendolyn, a buyer, a portion of
the commission Longhorn received from the sales transaction. This is known as ______. -
correct answer ✔✔A rebate
James is a real estate licensee in Texas. A complaint has been filed through the TWCCRD against
James for a fair housing violation. Which of the following is true? - correct answer ✔✔James
could be sanctioned by both the TWCCRD and the Real Estate Commission.
The Johnsons have owned a small restaurant for more than 20 years. It's open for lunch and
dinner six days a week, and 80% of its weekday revenue comes from the happy hour drink and
appetizer specials. The town in which their restaurant is located recently constructed a new
middle school and stripped the liquor license from the Johnsons' restaurant, because it no
longer complies with the ordinance to be 500 feet from a school property. The Johnsons have
accused the town of _____. - correct answer ✔✔Inverse condemnation
TEXAS- THE CE SHOP EXAM
QUESTIONS & ANSWERS RATED
100% CORRECT
Which one of the following terms refers to the dimensions, physical features, and contours of
the land? - correct answer ✔✔Topography
Justin decided to build a privacy fence around his yard. He thought the fence was along the
property line, but it turns out he built it one foot inside his neighbor's property. What will an
inspector document as existing on the neighboring property? - correct answer
✔✔Encroachment
The term "real estate" refers to which of the following under TRELA's general provisions? -
correct answer ✔✔Any interest in real property, including a leasehold, located in or outside of
Texas
Lance purchased a home, but he won't own any real estate—just shares in a corporation. This is
because his new home is ______. - correct answer ✔✔A cooperative
Jack works for a great company creating online training for individuals who want to obtain their
real estate license or need to keep their license current. What is Jack's profession? - correct
answer ✔✔Real estate educator
How large is a section used in the rectangular government survey system? - correct answer
✔✔640 acres
, Unhappy with some of the fees a local mortgage company charges her clients, Renee decides to
not do business with that company and convinces buyer agents showing her listings to not do
business with this company, either. What is this an example of? - correct answer ✔✔Group
boycotting
Eric is a new licensee who wants to specialize in manufacturing and large office buildings. He is
probably interested in which type of specialization? - correct answer ✔✔Mixed use
Can sales agents defer their continuing education (CE) requirements if they don't complete their
continuing education prior to renewal? - correct answer ✔✔Yes, sales agents may defer
completion of CE for 60 days.
Sue Ellen has a contract to buy Roger's house, which she has always admired, when Roger
decides he's ready to move to a senior living community. After Roger finds a suitable senior
apartment and moves, Sue Ellen writes a check for the agreed-upon amount, and Roger
transfers the deed to her. What is happening in this scenario? - correct answer ✔✔Preformance
Barbara, a Texas sponsoring broker for Longhorn Realty, paid Gwendolyn, a buyer, a portion of
the commission Longhorn received from the sales transaction. This is known as ______. -
correct answer ✔✔A rebate
James is a real estate licensee in Texas. A complaint has been filed through the TWCCRD against
James for a fair housing violation. Which of the following is true? - correct answer ✔✔James
could be sanctioned by both the TWCCRD and the Real Estate Commission.
The Johnsons have owned a small restaurant for more than 20 years. It's open for lunch and
dinner six days a week, and 80% of its weekday revenue comes from the happy hour drink and
appetizer specials. The town in which their restaurant is located recently constructed a new
middle school and stripped the liquor license from the Johnsons' restaurant, because it no
longer complies with the ordinance to be 500 feet from a school property. The Johnsons have
accused the town of _____. - correct answer ✔✔Inverse condemnation
