Texas Real Estate Salesperson Exam
With Actual Questions & Verified
Answers, Plus Explained
Rationales/Expert Verified For
Guaranteed 100% Pass 2026/Latest
Update/Instant Download Pdf
1. Which of the following is required for a person to obtain a Texas
real estate salesperson license?
A. Be at least 18 years old
B. Have a high school diploma or equivalent
C. Complete 180 hours of qualifying real estate education
D. All of the above
D. All of the above
Rationale: To obtain a Texas real estate salesperson license,
applicants must meet all these requirements, including age,
education, and completing qualifying courses.
2. A real estate agent has a fiduciary duty to their client. Which of
the following is an example of this duty?
A. Advertising the property without permission
B. Disclosing all material facts about a property to the client
C. Sharing client information with competitors
D. Ignoring client instructions
B. Disclosing all material facts about a property to the client
, Rationale: Fiduciary duty requires honesty, loyalty, and full
disclosure to the client.
3. A broker’s main responsibility in a real estate transaction is to:
A. Set property prices
B. Represent the interests of the client
C. Conduct home inspections
D. Determine mortgage rates
B. Represent the interests of the client
Rationale: Brokers oversee transactions and are responsible for
protecting and advocating for their client’s interests.
4. Which type of listing allows multiple brokers to compete for a
commission?
A. Exclusive right-to-sell
B. Exclusive agency
C. Open listing
D. Net listing
C. Open listing
Rationale: Open listings allow any broker to sell the property
and earn a commission; the seller only pays the broker who finds
a buyer.
5. In Texas, a sales agent must complete continuing education every:
A. 12 months
B. 24 months
C. 36 months
D. 48 months
B. 24 months
Rationale: Texas requires sales agents to complete continuing
education every two years to maintain licensure.
,6. The term “marketable title” refers to a title that:
A. Has defects that can be corrected
B. Can be sold or transferred without legal objections
C. Has liens and claims attached
D. Is under foreclosure
B. Can be sold or transferred without legal objections
Rationale: Marketable title is free from significant defects or
encumbrances that could prevent a sale.
7. Which type of contract is used when a buyer agrees to purchase
property in the future under certain conditions?
A. Executed contract
B. Option contract
C. Listing agreement
D. Lease agreement
B. Option contract
Rationale: An option contract gives the buyer the right, but not
the obligation, to purchase property within a specific time frame.
8. When must a real estate agent provide the Information About
Brokerage Services (IABS) form?
A. Before any substantive discussion about a specific property
B. After closing the sale
C. Only when listing a property
D. At the agent’s discretion
A. Before any substantive discussion about a specific property
Rationale: Texas law requires the IABS form to be given early to
inform clients about agency relationships.
9. A property’s value as determined by the income it produces is
called:
A. Market value
, B. Replacement cost
C. Income approach value
D. Assessed value
C. Income approach value
Rationale: The income approach estimates value based on the
expected income from the property.
10. A real estate agent representing both the buyer and the
seller in the same transaction is called:
A. Single agency
B. Dual agency
C. Subagency
D. Transaction brokerage
B. Dual agency
Rationale: Dual agency occurs when one agent represents both
parties; disclosure and consent are required in Texas.
11. A deed that transfers property without warranties is called
a:
A. General warranty deed
B. Special warranty deed
C. Quitclaim deed
D. Bargain and sale deed
C. Quitclaim deed
Rationale: A quitclaim deed transfers the grantor’s interest
without warranties, providing the least protection to the
grantee.
12. A tenant in a leasehold estate who can be removed by the
landlord at any time has:
A. Fee simple estate
B. Estate at will
With Actual Questions & Verified
Answers, Plus Explained
Rationales/Expert Verified For
Guaranteed 100% Pass 2026/Latest
Update/Instant Download Pdf
1. Which of the following is required for a person to obtain a Texas
real estate salesperson license?
A. Be at least 18 years old
B. Have a high school diploma or equivalent
C. Complete 180 hours of qualifying real estate education
D. All of the above
D. All of the above
Rationale: To obtain a Texas real estate salesperson license,
applicants must meet all these requirements, including age,
education, and completing qualifying courses.
2. A real estate agent has a fiduciary duty to their client. Which of
the following is an example of this duty?
A. Advertising the property without permission
B. Disclosing all material facts about a property to the client
C. Sharing client information with competitors
D. Ignoring client instructions
B. Disclosing all material facts about a property to the client
, Rationale: Fiduciary duty requires honesty, loyalty, and full
disclosure to the client.
3. A broker’s main responsibility in a real estate transaction is to:
A. Set property prices
B. Represent the interests of the client
C. Conduct home inspections
D. Determine mortgage rates
B. Represent the interests of the client
Rationale: Brokers oversee transactions and are responsible for
protecting and advocating for their client’s interests.
4. Which type of listing allows multiple brokers to compete for a
commission?
A. Exclusive right-to-sell
B. Exclusive agency
C. Open listing
D. Net listing
C. Open listing
Rationale: Open listings allow any broker to sell the property
and earn a commission; the seller only pays the broker who finds
a buyer.
5. In Texas, a sales agent must complete continuing education every:
A. 12 months
B. 24 months
C. 36 months
D. 48 months
B. 24 months
Rationale: Texas requires sales agents to complete continuing
education every two years to maintain licensure.
,6. The term “marketable title” refers to a title that:
A. Has defects that can be corrected
B. Can be sold or transferred without legal objections
C. Has liens and claims attached
D. Is under foreclosure
B. Can be sold or transferred without legal objections
Rationale: Marketable title is free from significant defects or
encumbrances that could prevent a sale.
7. Which type of contract is used when a buyer agrees to purchase
property in the future under certain conditions?
A. Executed contract
B. Option contract
C. Listing agreement
D. Lease agreement
B. Option contract
Rationale: An option contract gives the buyer the right, but not
the obligation, to purchase property within a specific time frame.
8. When must a real estate agent provide the Information About
Brokerage Services (IABS) form?
A. Before any substantive discussion about a specific property
B. After closing the sale
C. Only when listing a property
D. At the agent’s discretion
A. Before any substantive discussion about a specific property
Rationale: Texas law requires the IABS form to be given early to
inform clients about agency relationships.
9. A property’s value as determined by the income it produces is
called:
A. Market value
, B. Replacement cost
C. Income approach value
D. Assessed value
C. Income approach value
Rationale: The income approach estimates value based on the
expected income from the property.
10. A real estate agent representing both the buyer and the
seller in the same transaction is called:
A. Single agency
B. Dual agency
C. Subagency
D. Transaction brokerage
B. Dual agency
Rationale: Dual agency occurs when one agent represents both
parties; disclosure and consent are required in Texas.
11. A deed that transfers property without warranties is called
a:
A. General warranty deed
B. Special warranty deed
C. Quitclaim deed
D. Bargain and sale deed
C. Quitclaim deed
Rationale: A quitclaim deed transfers the grantor’s interest
without warranties, providing the least protection to the
grantee.
12. A tenant in a leasehold estate who can be removed by the
landlord at any time has:
A. Fee simple estate
B. Estate at will
