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Texas State Portion Real Estate Exam|Questions and Answers(UPDATED)

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Texas State Portion Real Estate Exam|Questions and Answers(UPDATED)

Institution
Texas Real Estate
Course
Texas Real Estate

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Texas State Portion Real Estate
Exam|Questions and
Answers(UPDATED)




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,Who is responsible for the acts of a salesperson? - Answer ✅The sponsoring broker



Failure on the part of the agent to advise the purchaser of real property in writing that he
should have the abstract covering the property examined by an attorney of his own selection, or
that he should be furnished with a policy of title insurance shall: - Answer ✅d. preclude
payment of, or recovery of, any commission agreed to be paid on the sale



An example of gratuitous agency is: - Answer ✅b. Working for free



All of the following are examples of different ways of giving real estate legal description EXCEPT:
- Answer ✅b. the recorded mailing address



The sponsoring broker is responsible to TREC, the public, and the clients for the acts of - Answer
✅d. his sponsored salespeople



The Texas Real Estate Broker-Lawyer Committee consists of: - Answer ✅c. 13 members



A handwritten will signed by the testator but not witnessed is known as a(n): - Answer ✅b.
holographic will



The only person who is allowed to give legal advice is: - Answer ✅c. Attorney



How does the Texas Real Estate License Act define the first face-to-face meeting? - Answer ✅c.
when substantive discussion occurs



An agency relationship is always created at the: - Answer ✅a. broker level

, A guide could be developed by the company to help all licensees learn to make ethical
decisions. - Answer ✅a. True



Which of the following is true of the rules and regulations of the Texas Real Estate Commission?
- Answer ✅d. they have the full force and effect of law



A real estate license issued by the Texas Real Estate Commission must: - Answer ✅c. be
prominently displayed by a residential rental locator



Land used for agriculture or wildlife management may qualify for an agricultural appraisal.
When the land is no longer used for agricultural or wildlife management rollback tax can occur.
The tax is owed by: - Answer ✅d. the owner who changed the lands use



TRELA states that to be eligible to receive a real estate license in the state of Texas a person
must - Answer ✅d. satisfy the Commission as to the persons honesty



When the TAR Residential Leasing and Property Management Agreement is used the broker
becomes an employee of the owner. - Answer ✅b. False



A salesperson: - Answer ✅b. May not act as a salesperson until he has a sponsoring broker



The real estate exam consists of 110 questions, 80 on the national portion of the test and 30 on
the Texas portion of the test. - Answer ✅a. True



Intermediary agency has: - Answer ✅d. Replaced dual agency



The Texas Real Estate Recovery Fund is funded: - Answer ✅a. by real estate license fees

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Institution
Texas Real Estate
Course
Texas Real Estate

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