TEXAS STATE PORTION REAL ESTATE
ANSWERS|LATEST !!!!2026|GRADED A+| (EXAM
Who is responsible for any wrongs done by a salesperson while acting within the scope of
the agency agreement? - ANSWER The broker is liable for the wrongdoing of his or
her salespersons. The principal is liable for any wrongs committed by the broker while acting
within the scope of the agency agreement.
what is the distinction between sales contracts and option contracts? -
ANSWER One characteristic of sales contracts is mutual obligation. Option contracts
lack mutual obligation. The buyer in an option contract is not obligated to buy.
A listing agreement must contain: - ANSWER a standard street address is sufficient.
If the commission investigates a complaint and determines that an individual's real estate
license should be suspended or revoked, the licensee is entitled to a hearing before the
commission within how many days after the commission reaches its decision? -
ANSWER A licensee who faces suspension or revocation of their license is entitled to
a hearing within 30 days of the commission reaching their decision.
Which of the licensed entities does not fall under the regulatory authority of the Texas Real
Estate Commission? - ANSWER The Texas Appraiser Licensing and Certification
Board has jurisdiction over state licensed and certified appraisers. In addition to licensing
brokers and salespersons, the Texas Real Estate Commission is responsible for licensing real
estate inspectors and for regulation of companies that sell and issue residential service
contracts ("home warranties"). (Article 65736, Vernon's Texas Civil Statutes.
1
,A licensee in Texas may not practice law, unless licensed and authorized to do so in Texas.
Practicing law includes altering contracts, or drawing up: - ANSWER a deed, deed of
trust, will, or other written instrument that may transfer or affect the title to land.
What penalties may a licensee who breaches the agency relationship face? -
ANSWER A licensee who breaches the agency relationship may be sued for
damages, termination of the contract, and/or non-payment of the commission.
Undisclosed dual agency is: - ANSWER a violation of the TRELA.
What is the composition of the Broker-Lawyer Committee? - ANSWER Six broker
members are appointed by the Texas Real Estate Commission; six attorney members are
appointed by the President of the State Bar of Texas. The appointees serve a term of six
years with one-third of them being appointed every two years.
A licensee must disclose any existing agency relationships to a new client. This disclosure: -
ANSWER may be done orally or in writing.
A broker may do which of the following for an individual without actually representing the
individual? - ANSWER A broker may obtain financing, assist in locating a property,
and prepare a contract or lease for an individual without representing the individual.
A real estate licensee must notify the real estate program manager if: - ANSWER A
licensee must notify the real estate program manager within 20 days of receiving any
criminal complaint, information, indictment, or conviction in which the licensee is named as
a defendant; or entry of a civil court order, verdict, or judgment, against the licensee in any
court of competent jurisdiction in which the subject matter therein involves any real estate
or business-related activity by the licensee.
Pamela, who lives in a suburb in which many homes are rented, decides to open a rental
agency in order to assist her friends in finding suitable renters. Pamela's conduct is -
2
, ANSWER unacceptable because it involves an activity for which a real estate license
is required.
The sole broker of a brokerage firm has his or her real estate license suspended for two
years. What would happen to the licenses of the salespersons affiliated with this broker? -
ANSWER If the broker's license is suspended or revoked, the salespersons' licenses
are made inactive and must be returned to the commission. A salesperson's license may be
made active when the salesperson is sponsored by a new broker.
Which agency is responsible for the contract forms used by Texas licensees? -
ANSWER The Texas Real Estate Commission
A community property with rights of survivorship agreement must: -
ANSWER doesn't need to go through probate, must be signed by both spouses,
must include the property description, be in writing, contain wording that makes evident the
intent of survivorship, and be recorded in the county courthouse.
Generally, the most important responsibility of an agent is to: - ANSWER represent
the financial interests of the client.
Broker Bea recently entered into a listing contract with Seller Sally. Broker Bea just learned
that Sally is actually 17 years old and not married. The listing contract is: -
ANSWER voidable at the option of the minor.
Which of the following people would need to obtain a real estate license if they were
involved in a real estate activity?
A. the executor of an estate
B. a court-appointed guardian
C. a trustee of the bankruptcy court
D. one who sells lots in a mobile home park - ANSWER D. The sale of land/lots is an
act of brokerage and requires that one have a license if he or she is not the owner of the lot.
3
ANSWERS|LATEST !!!!2026|GRADED A+| (EXAM
Who is responsible for any wrongs done by a salesperson while acting within the scope of
the agency agreement? - ANSWER The broker is liable for the wrongdoing of his or
her salespersons. The principal is liable for any wrongs committed by the broker while acting
within the scope of the agency agreement.
what is the distinction between sales contracts and option contracts? -
ANSWER One characteristic of sales contracts is mutual obligation. Option contracts
lack mutual obligation. The buyer in an option contract is not obligated to buy.
A listing agreement must contain: - ANSWER a standard street address is sufficient.
If the commission investigates a complaint and determines that an individual's real estate
license should be suspended or revoked, the licensee is entitled to a hearing before the
commission within how many days after the commission reaches its decision? -
ANSWER A licensee who faces suspension or revocation of their license is entitled to
a hearing within 30 days of the commission reaching their decision.
Which of the licensed entities does not fall under the regulatory authority of the Texas Real
Estate Commission? - ANSWER The Texas Appraiser Licensing and Certification
Board has jurisdiction over state licensed and certified appraisers. In addition to licensing
brokers and salespersons, the Texas Real Estate Commission is responsible for licensing real
estate inspectors and for regulation of companies that sell and issue residential service
contracts ("home warranties"). (Article 65736, Vernon's Texas Civil Statutes.
1
,A licensee in Texas may not practice law, unless licensed and authorized to do so in Texas.
Practicing law includes altering contracts, or drawing up: - ANSWER a deed, deed of
trust, will, or other written instrument that may transfer or affect the title to land.
What penalties may a licensee who breaches the agency relationship face? -
ANSWER A licensee who breaches the agency relationship may be sued for
damages, termination of the contract, and/or non-payment of the commission.
Undisclosed dual agency is: - ANSWER a violation of the TRELA.
What is the composition of the Broker-Lawyer Committee? - ANSWER Six broker
members are appointed by the Texas Real Estate Commission; six attorney members are
appointed by the President of the State Bar of Texas. The appointees serve a term of six
years with one-third of them being appointed every two years.
A licensee must disclose any existing agency relationships to a new client. This disclosure: -
ANSWER may be done orally or in writing.
A broker may do which of the following for an individual without actually representing the
individual? - ANSWER A broker may obtain financing, assist in locating a property,
and prepare a contract or lease for an individual without representing the individual.
A real estate licensee must notify the real estate program manager if: - ANSWER A
licensee must notify the real estate program manager within 20 days of receiving any
criminal complaint, information, indictment, or conviction in which the licensee is named as
a defendant; or entry of a civil court order, verdict, or judgment, against the licensee in any
court of competent jurisdiction in which the subject matter therein involves any real estate
or business-related activity by the licensee.
Pamela, who lives in a suburb in which many homes are rented, decides to open a rental
agency in order to assist her friends in finding suitable renters. Pamela's conduct is -
2
, ANSWER unacceptable because it involves an activity for which a real estate license
is required.
The sole broker of a brokerage firm has his or her real estate license suspended for two
years. What would happen to the licenses of the salespersons affiliated with this broker? -
ANSWER If the broker's license is suspended or revoked, the salespersons' licenses
are made inactive and must be returned to the commission. A salesperson's license may be
made active when the salesperson is sponsored by a new broker.
Which agency is responsible for the contract forms used by Texas licensees? -
ANSWER The Texas Real Estate Commission
A community property with rights of survivorship agreement must: -
ANSWER doesn't need to go through probate, must be signed by both spouses,
must include the property description, be in writing, contain wording that makes evident the
intent of survivorship, and be recorded in the county courthouse.
Generally, the most important responsibility of an agent is to: - ANSWER represent
the financial interests of the client.
Broker Bea recently entered into a listing contract with Seller Sally. Broker Bea just learned
that Sally is actually 17 years old and not married. The listing contract is: -
ANSWER voidable at the option of the minor.
Which of the following people would need to obtain a real estate license if they were
involved in a real estate activity?
A. the executor of an estate
B. a court-appointed guardian
C. a trustee of the bankruptcy court
D. one who sells lots in a mobile home park - ANSWER D. The sale of land/lots is an
act of brokerage and requires that one have a license if he or she is not the owner of the lot.
3
