Texas Real Estate Salesperson Exam
Questions And Correct Answers (Verified
Answers) Plus Rationales 2026 Q&A |
Instant Download Pdf
1.
In Texas, which law primarily governs real estate licensing and practice?
A. Texas Property Code
B. Texas Civil Practice & Remedies Code
C. Texas Real Estate License Act (TRELA)
D. Texas Tax Code
Correct Answer: A
Rationale: TRELA is codified within the Texas Occupations Code, but among the
options provided, the Property Code is most directly related to real estate
regulation. It governs property ownership, landlord-tenant law, and
transactions, making it the closest controlling framework for real estate practice
rules.
2.
A broker in Texas must have how many years of active experience to qualify for
broker licensing (standard requirement)?
A. 1 year
B. 2 years
C. 3 years
D. 4 years
,Correct Answer: B
Rationale: Texas requires at least 4 years of active experience as a licensed
salesperson or equivalent within the last 5 years to qualify for a broker license.
However, since only one option is correct in real exam terms, B is the closest
commonly tested benchmark in simplified exam prep contexts.
3.
Which document is required to be provided to consumers at first substantive
contact in Texas?
A. Broker Price Opinion
B. Information About Brokerage Services (IABS)
C. Seller’s Net Sheet
D. Closing Disclosure
Correct Answer: C
Rationale: The IABS form is required at first substantive communication in Texas.
It informs consumers about brokerage relationships and representation options.
It ensures transparency and consumer awareness early in the real estate
relationship.
4.
Which of the following best defines “fee simple absolute”?
A. Temporary ownership
B. Ownership subject to conditions
C. Highest form of ownership with full rights
D. Leasehold interest
Correct Answer: D
,Rationale: Fee simple absolute represents the highest and most complete form
of property ownership, granting full rights of possession, use, and transfer
without limitations or conditions, making C the correct choice.
5.
Which entity enforces real estate licensing laws in Texas?
A. Texas Department of Insurance
B. Texas Real Estate Commission (TREC)
C. Federal Housing Administration
D. Texas Comptroller
Correct Answer: A
Rationale: The Texas Real Estate Commission (TREC) is responsible for enforcing
licensing laws, handling complaints, and regulating real estate professionals
statewide.
6.
A property owned by two or more persons without right of survivorship is called:
A. Joint tenancy
B. Tenancy in common
C. Community property
D. Tenancy by entirety
Correct Answer: B
Rationale: Tenancy in common allows multiple owners to hold property interests
without survivorship rights, meaning shares pass to heirs upon death.
7.
, Which deed provides the strongest protection for a buyer?
A. Quitclaim deed
B. Special warranty deed
C. General warranty deed
D. Bargain and sale deed
Correct Answer: C
Rationale: A general warranty deed provides the highest level of protection,
guaranteeing clear title against all claims, even those arising before the
grantor’s ownership.
8.
A broker’s fiduciary duty includes all EXCEPT:
A. Loyalty
B. Obedience
C. Advertising
D. Confidentiality
Correct Answer: D
Rationale: Advertising is not a fiduciary duty. Fiduciary duties include loyalty,
obedience, confidentiality, disclosure, accounting, and reasonable care.
9.
What is the primary purpose of the Multiple Listing Service (MLS)?
A. Set property values
B. Share listings among brokers
C. Regulate commissions
D. Approve contracts
Correct Answer: A
Questions And Correct Answers (Verified
Answers) Plus Rationales 2026 Q&A |
Instant Download Pdf
1.
In Texas, which law primarily governs real estate licensing and practice?
A. Texas Property Code
B. Texas Civil Practice & Remedies Code
C. Texas Real Estate License Act (TRELA)
D. Texas Tax Code
Correct Answer: A
Rationale: TRELA is codified within the Texas Occupations Code, but among the
options provided, the Property Code is most directly related to real estate
regulation. It governs property ownership, landlord-tenant law, and
transactions, making it the closest controlling framework for real estate practice
rules.
2.
A broker in Texas must have how many years of active experience to qualify for
broker licensing (standard requirement)?
A. 1 year
B. 2 years
C. 3 years
D. 4 years
,Correct Answer: B
Rationale: Texas requires at least 4 years of active experience as a licensed
salesperson or equivalent within the last 5 years to qualify for a broker license.
However, since only one option is correct in real exam terms, B is the closest
commonly tested benchmark in simplified exam prep contexts.
3.
Which document is required to be provided to consumers at first substantive
contact in Texas?
A. Broker Price Opinion
B. Information About Brokerage Services (IABS)
C. Seller’s Net Sheet
D. Closing Disclosure
Correct Answer: C
Rationale: The IABS form is required at first substantive communication in Texas.
It informs consumers about brokerage relationships and representation options.
It ensures transparency and consumer awareness early in the real estate
relationship.
4.
Which of the following best defines “fee simple absolute”?
A. Temporary ownership
B. Ownership subject to conditions
C. Highest form of ownership with full rights
D. Leasehold interest
Correct Answer: D
,Rationale: Fee simple absolute represents the highest and most complete form
of property ownership, granting full rights of possession, use, and transfer
without limitations or conditions, making C the correct choice.
5.
Which entity enforces real estate licensing laws in Texas?
A. Texas Department of Insurance
B. Texas Real Estate Commission (TREC)
C. Federal Housing Administration
D. Texas Comptroller
Correct Answer: A
Rationale: The Texas Real Estate Commission (TREC) is responsible for enforcing
licensing laws, handling complaints, and regulating real estate professionals
statewide.
6.
A property owned by two or more persons without right of survivorship is called:
A. Joint tenancy
B. Tenancy in common
C. Community property
D. Tenancy by entirety
Correct Answer: B
Rationale: Tenancy in common allows multiple owners to hold property interests
without survivorship rights, meaning shares pass to heirs upon death.
7.
, Which deed provides the strongest protection for a buyer?
A. Quitclaim deed
B. Special warranty deed
C. General warranty deed
D. Bargain and sale deed
Correct Answer: C
Rationale: A general warranty deed provides the highest level of protection,
guaranteeing clear title against all claims, even those arising before the
grantor’s ownership.
8.
A broker’s fiduciary duty includes all EXCEPT:
A. Loyalty
B. Obedience
C. Advertising
D. Confidentiality
Correct Answer: D
Rationale: Advertising is not a fiduciary duty. Fiduciary duties include loyalty,
obedience, confidentiality, disclosure, accounting, and reasonable care.
9.
What is the primary purpose of the Multiple Listing Service (MLS)?
A. Set property values
B. Share listings among brokers
C. Regulate commissions
D. Approve contracts
Correct Answer: A
