Texas Real Estate
Salesperson Final
Exam Questions And
Correct Answers
(Verified Answers)
Plus Rationales
2025/2026 Q&A |
Instant Download Pdf
1. A Texas real estate license is issued by which agency?
A. Texas Department of Housing
B. Texas Real Estate Commission (TREC)
C. Texas Banking Commission
D. Federal Housing Authority
Answer: B
,Rationale: TREC is the state agency responsible for licensing
and regulating real estate professionals in Texas.
2. What is required to activate an inactive Texas real estate
license?
A. Complete a broker exam
B. Submit a sponsorship from a licensed broker
C. Pay federal tax
D. Pass a national exam again
Answer: B
Rationale: Sales agents must be sponsored by a Texas
licensed broker to activate their license.
3. Which contract is considered valid under Texas law?
A. Oral listing agreement
B. Written listing agreement signed by broker and seller
C. Email agreement only
D. Handshake agreement
Answer: B
Rationale: Texas requires real estate agreements involving
commissions to be in writing.
4. Which of the following is NOT a fiduciary duty?
A. Loyalty
B. Obedience
C. Profit maximization for agent
,D. Disclosure
Answer: C
Rationale: Agents owe fiduciary duties to clients, not
personal profit maximization.
5. What type of estate is a leasehold interest?
A. Freehold estate
B. Fee simple estate
C. Non-freehold estate
D. Joint tenancy
Answer: C
Rationale: Leaseholds are possessory but not ownership
estates.
6. In Texas, how many days does a buyer typically have for
option period inspections?
A. 1 day
B. 3–10 days (negotiable)
C. 30 days fixed
D. 90 days
Answer: B
Rationale: Option periods are negotiated, commonly 3–10
days.
7. What is the primary purpose of a deed?
, A. Transfer title
B. Establish mortgage
C. Pay taxes
D. Appraise property
Answer: A
Rationale: A deed transfers ownership of real property.
8. Which deed offers the greatest protection to the buyer?
A. Quitclaim deed
B. Special warranty deed
C. General warranty deed
D. Tax deed
Answer: C
Rationale: General warranty deeds guarantee clear title
against all claims.
9. What does “ad valorem tax” mean?
A. Tax on imports
B. Tax based on value
C. Fixed tax rate
D. Luxury tax only
Answer: B
Rationale: Ad valorem means “according to value.”
10. Which document gives authority to represent a buyer or
seller?
Salesperson Final
Exam Questions And
Correct Answers
(Verified Answers)
Plus Rationales
2025/2026 Q&A |
Instant Download Pdf
1. A Texas real estate license is issued by which agency?
A. Texas Department of Housing
B. Texas Real Estate Commission (TREC)
C. Texas Banking Commission
D. Federal Housing Authority
Answer: B
,Rationale: TREC is the state agency responsible for licensing
and regulating real estate professionals in Texas.
2. What is required to activate an inactive Texas real estate
license?
A. Complete a broker exam
B. Submit a sponsorship from a licensed broker
C. Pay federal tax
D. Pass a national exam again
Answer: B
Rationale: Sales agents must be sponsored by a Texas
licensed broker to activate their license.
3. Which contract is considered valid under Texas law?
A. Oral listing agreement
B. Written listing agreement signed by broker and seller
C. Email agreement only
D. Handshake agreement
Answer: B
Rationale: Texas requires real estate agreements involving
commissions to be in writing.
4. Which of the following is NOT a fiduciary duty?
A. Loyalty
B. Obedience
C. Profit maximization for agent
,D. Disclosure
Answer: C
Rationale: Agents owe fiduciary duties to clients, not
personal profit maximization.
5. What type of estate is a leasehold interest?
A. Freehold estate
B. Fee simple estate
C. Non-freehold estate
D. Joint tenancy
Answer: C
Rationale: Leaseholds are possessory but not ownership
estates.
6. In Texas, how many days does a buyer typically have for
option period inspections?
A. 1 day
B. 3–10 days (negotiable)
C. 30 days fixed
D. 90 days
Answer: B
Rationale: Option periods are negotiated, commonly 3–10
days.
7. What is the primary purpose of a deed?
, A. Transfer title
B. Establish mortgage
C. Pay taxes
D. Appraise property
Answer: A
Rationale: A deed transfers ownership of real property.
8. Which deed offers the greatest protection to the buyer?
A. Quitclaim deed
B. Special warranty deed
C. General warranty deed
D. Tax deed
Answer: C
Rationale: General warranty deeds guarantee clear title
against all claims.
9. What does “ad valorem tax” mean?
A. Tax on imports
B. Tax based on value
C. Fixed tax rate
D. Luxury tax only
Answer: B
Rationale: Ad valorem means “according to value.”
10. Which document gives authority to represent a buyer or
seller?
