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Texas Real Estate Exam Questions with Answers

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Texas Real Estate Exam Questions with Answers

Institution
Principals Of Real Estate 1
Module
Principals of real estate 1

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Texas Real Estate National Exam
Questions with Answers
Courses for the renewal of an active real estate broker or sales agent license are called -
✔✔continuing education (CE)


What is the maximum amount that the Commission will pay from the real estate recovery trust
account for claims against any one license holder, until the account has been repaid in full by
the license holder? - ✔✔$100,000



Which is owned by the tenant? - ✔✔a trade fixture


Which of the following terms refers not only to the surface of the earth but also below to the
center of the earth, above to infinity, and natural things permanently attached but does NOT
refer to artificial things permanently attached? - ✔✔land


If the court learns that the seller placed a sign that said "Not Included" on the stove every time
a buyer looked at the property, the court will consider which of the following in determining
whether the stove is a fixture, absent a written agreement? - ✔✔Intention of the parties



What type of estate is complete ownership and exists for an unlimited time? - ✔✔fee simple


If a condition of ownership is violated, title to the subject property automatically reverts to the
original owner in - ✔✔a determinable fee estate



An urban homestead is limited to a lot or lots NOT to exceed how many acres? - ✔✔10



The method used to describe real estate by distance, direction, and boundaries is - ✔✔metes-
and-bounds method

, Which equals one square mile or 640 acres? - ✔✔section


Under the federal Fair Housing Act, real estate organizations, such as multiple listing services,
may NOT do which because someone is in a protected group? - ✔✔refuse membership or put
conditions on participation


Which aspect of the Canons of Professional Ethics and Conduct requires the broker or sales
agent to be informed on market conditions and national, state, and local developments
affecting the real estate business? - ✔✔competency.


A complaint of discrimination brought under the Texas Fair Housing Act can be filed with the
U.S. Department of Housing and Urban Development or with - ✔✔the Texas Workforce
Commission Civil Rights Division


An aggrieved person who believes illegal discrimination has occurred may file a complaint
within what time frame following the alleged discriminatory act? - ✔✔ONE YEAR



Appurtenant easement rights transfer with - ✔✔the dominant tenement


An owner sells part of his land that has no access to a public road but does have access over his
remaining land. This creates an easement by - ✔✔necessity


When there are two or more liens on a property, the order in which the liens will be satisfied
when the property is sold will be determined by - ✔✔the priority of the liens


Which of the following may be a natural object, such as a tree or a boulder, or an artificial
object, such as a steel rod or a stake driven into the ground? - ✔✔Monument

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Institution
Principals of real estate 1
Module
Principals of real estate 1

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