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REALESTATEU TEXAS REAL ESTATE PRINCIPLES PART 1 TEST SCRIPT 2026 FULL QUESTIONS AUTHENTIC RESPONSES CONFIRMED

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REALESTATEU TEXAS REAL ESTATE PRINCIPLES PART 1 TEST SCRIPT 2026 FULL QUESTIONS AUTHENTIC RESPONSES CONFIRMED

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REALESTATEU TEXAS REAL ESTATE
PRINCIPLES PART 1 TEST SCRIPT 2026 FULL
QUESTIONS AUTHENTIC RESPONSES
CONFIRMED


◉ The __________ is a statute that is administered and enforced by the
Texas Real Estate Commission (TREC), which is a state agency.
Answer: Real Estate License Act


◉ A successful career in real estate requires someone to: Answer:
be a self-started.


◉ A peak is characterized as the __________ turning point of a business
cycle. Answer: upper


◉ To be eligible to get a Texas real estate sales agent or broker
license, a person must: Answer: All of the choices apply


◉ Which of the following is not a duty of TREC? Answer: Creates
state laws, statues, and rules

, ◉ What are changes in business and economic activity that occur
within the year? Answer: Short-term fluctuations.


◉ The majority of new licensees begin their careers with a __________
to help homeowners sell and homebuyers purchase homes. Answer:
residential brokerage


◉ Which of the following statements is true regarding NAR and
TAR? Answer: All of the choices apply.


◉ Any person who wants to engage in the real estate business and
act as a real estate broker or real estate sales agent within the state
of Texas must obtain a license from the: Answer: Texas Real Estate
Commission.


◉ The Education Standards Advisory Committee is responsible for
reviewing and revising: Answer: All of the choices apply.


◉ A(n) __________ is a rule issued by an administrative agency to
enforce or amplify a statute. Answer: regulation


◉ A __________ is a voluntary nonprofit organization of independent
and competing business units engaged in the same industry or trade,
formed to help solve industry problems, promote progress, and
enhance service. Answer: trade association

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