1|Page
Principles 1 Aceable Practice Tests Exam ||Verified
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Which of these attributes is NOT a protected class under
the Texas Real Estate License Act?
A) Familial Status
B) Religion
C) Sexual Orientation
D) Disability - Answer-C) Sexual Orientation
If pursuing action through HUD, a fair housing complaint
must be filed within how long of the alleged violation?
A) 90 days
B) 1 year
C) 180 days
D) 2 years - Answer-B) 1 year
,2|Page
Jasmine lives in a single-family home and shares
amenities like a pool, golf course, and park with her
neighbors. An HOA owns and maintains these amenities,
and Jasmine pays a monthly fee to the HOA. She most
likely lives in a:
A) Timeshare
B) Co-Op
C) Multi-Family Home
D) PUD - Answer-D) PUD
To legally act as an intermediary in the state of Texas, a
broker must do what?
A) Include the promulgated Intermediary Attachment to the
contract
B) Get the okay of their lawyer
C) Get written consent from both parties
D) Temporarily reassign one agent to another supervising
broker - Answer-C) Get written consent from both parties
,3|Page
According to what legal concept do contracts involving the
sale or transfer of real estate need to be in writing?
A) Parol evidence rule
B) Statute of frauds
C) Statute of limitations
D) Power of attorney - Answer-B) Statute of frauds
Before a new license holder can engage in the practice of
real estate, who must receive a copy of that sales agent's
license?
A) Any broker involved in a transaction with that sales
agent
B) The broker that is sponsoring the sales agent
C) Texas REALTORS®
D) The National Association of REALTORS® - Answer-B)
The broker that is sponsoring the sales agent
"Beginning at the intersection of Main Street, and
Oakgrove Lane, proceed due north 300 feet to the creek;
then due east 500 feet, more or less, to the U.S.G.S.
, 4|Page
benchmark; then proceed due south 300 feet to the maple
tree, then proceed west about 500 feet, returning to the
point of beginning." is an example of a legal description
using which type of survey method?
A) Metes and bounds
B) Rectangular survey
C) Lot and block
D) Recorded plat - Answer-A) Metes and bound
The first 9 articles of the NAR Code of Ethics are known
as the:
A) Duty of Confidentiality
B) Duties to the Commission
C) Duties to Clients and Customers
D) Duties to the Association - Answer-C) Duties to Clients
and Customers
What is the name given to the recipient of advantage or
gain from an act or instrument such as a trust, will, or
insurance policy?
Principles 1 Aceable Practice Tests Exam ||Verified
Exam!!|| Most Recent Exam Actual Complete Real
Exam Questions And Correct Answers (Verified
Answers) Already Graded A+ | Guaranteed Success!! |
Newest Exam!!!
Which of these attributes is NOT a protected class under
the Texas Real Estate License Act?
A) Familial Status
B) Religion
C) Sexual Orientation
D) Disability - Answer-C) Sexual Orientation
If pursuing action through HUD, a fair housing complaint
must be filed within how long of the alleged violation?
A) 90 days
B) 1 year
C) 180 days
D) 2 years - Answer-B) 1 year
,2|Page
Jasmine lives in a single-family home and shares
amenities like a pool, golf course, and park with her
neighbors. An HOA owns and maintains these amenities,
and Jasmine pays a monthly fee to the HOA. She most
likely lives in a:
A) Timeshare
B) Co-Op
C) Multi-Family Home
D) PUD - Answer-D) PUD
To legally act as an intermediary in the state of Texas, a
broker must do what?
A) Include the promulgated Intermediary Attachment to the
contract
B) Get the okay of their lawyer
C) Get written consent from both parties
D) Temporarily reassign one agent to another supervising
broker - Answer-C) Get written consent from both parties
,3|Page
According to what legal concept do contracts involving the
sale or transfer of real estate need to be in writing?
A) Parol evidence rule
B) Statute of frauds
C) Statute of limitations
D) Power of attorney - Answer-B) Statute of frauds
Before a new license holder can engage in the practice of
real estate, who must receive a copy of that sales agent's
license?
A) Any broker involved in a transaction with that sales
agent
B) The broker that is sponsoring the sales agent
C) Texas REALTORS®
D) The National Association of REALTORS® - Answer-B)
The broker that is sponsoring the sales agent
"Beginning at the intersection of Main Street, and
Oakgrove Lane, proceed due north 300 feet to the creek;
then due east 500 feet, more or less, to the U.S.G.S.
, 4|Page
benchmark; then proceed due south 300 feet to the maple
tree, then proceed west about 500 feet, returning to the
point of beginning." is an example of a legal description
using which type of survey method?
A) Metes and bounds
B) Rectangular survey
C) Lot and block
D) Recorded plat - Answer-A) Metes and bound
The first 9 articles of the NAR Code of Ethics are known
as the:
A) Duty of Confidentiality
B) Duties to the Commission
C) Duties to Clients and Customers
D) Duties to the Association - Answer-C) Duties to Clients
and Customers
What is the name given to the recipient of advantage or
gain from an act or instrument such as a trust, will, or
insurance policy?
