REALESTATEU: TEXAS REAL ESTATE
PRINCIPLES PART 1 FINAL
COMPREHENSIVE STUDY GUIDE 2026
FULL QUESTIONS AND SOLUTIONS
GRADED A+
◍ The Attorney General.
Answer: If an administrative penalty is not paid, who is responsible for
collecting the payment?
◍ Listing Contract.
Answer: A contract whereby a property owner employs a real estate broker
to market the property described in the contract is referred to as the...
◍ loyalty.
Answer: Fidelity on TRECs canons of professional ethics implies...
◍ Personal Property.
Answer: All property that is not land and is not permanently attached to land
is known as
◍ The agent finds a buyer who is ready, willing, and able to purchase the
property..
Answer: A seller's agent is entitled to a commission after
◍ Bundle of Rights.
Answer: The right of exclusion which allows a landowner to prevent others
from entering or occupying their property is included in the
◍ Client.
Answer: A listing contract exists between the real estate broker and the...
, ◍ loyalty.
Answer: A broker must always place his/her client's interests above their
own. This is an example of what fiduciary duty?
◍ Exclusive Right to Sell.
Answer: This type of contract gives the broker the greatest chance at
receiving commission...
◍ Texas Real Estate License Act.
Answer: The prohibition of fair housing discrimination by a licensee is
described as which of the following...
◍ Equal opportunity housing.
Answer: The laws governing fair housing are also referred to as...
◍ A homeowner looking to sell their house on their own..
Answer: Which of the following is exempt from holding a real estate
license?
◍ Special Agent.
Answer: An agent with limited authority to act on behalf of the principal is
referred to as a
◍ Lots and blocks.
Answer: A subdivision plot method describing property includes which of
the following...
◍ negotiable.
Answer: A broker's compensation is...
◍ A lease under 1 year.
Answer: Which of the following contract is NOT required to be in writing...
◍ Propietary Lease.
Answer: Owners of a cooperative apartment holds this type of lease.
◍ Right of Survivorship.
Answer: The right of a surviving tenant or tenants to succeed the entire
PRINCIPLES PART 1 FINAL
COMPREHENSIVE STUDY GUIDE 2026
FULL QUESTIONS AND SOLUTIONS
GRADED A+
◍ The Attorney General.
Answer: If an administrative penalty is not paid, who is responsible for
collecting the payment?
◍ Listing Contract.
Answer: A contract whereby a property owner employs a real estate broker
to market the property described in the contract is referred to as the...
◍ loyalty.
Answer: Fidelity on TRECs canons of professional ethics implies...
◍ Personal Property.
Answer: All property that is not land and is not permanently attached to land
is known as
◍ The agent finds a buyer who is ready, willing, and able to purchase the
property..
Answer: A seller's agent is entitled to a commission after
◍ Bundle of Rights.
Answer: The right of exclusion which allows a landowner to prevent others
from entering or occupying their property is included in the
◍ Client.
Answer: A listing contract exists between the real estate broker and the...
, ◍ loyalty.
Answer: A broker must always place his/her client's interests above their
own. This is an example of what fiduciary duty?
◍ Exclusive Right to Sell.
Answer: This type of contract gives the broker the greatest chance at
receiving commission...
◍ Texas Real Estate License Act.
Answer: The prohibition of fair housing discrimination by a licensee is
described as which of the following...
◍ Equal opportunity housing.
Answer: The laws governing fair housing are also referred to as...
◍ A homeowner looking to sell their house on their own..
Answer: Which of the following is exempt from holding a real estate
license?
◍ Special Agent.
Answer: An agent with limited authority to act on behalf of the principal is
referred to as a
◍ Lots and blocks.
Answer: A subdivision plot method describing property includes which of
the following...
◍ negotiable.
Answer: A broker's compensation is...
◍ A lease under 1 year.
Answer: Which of the following contract is NOT required to be in writing...
◍ Propietary Lease.
Answer: Owners of a cooperative apartment holds this type of lease.
◍ Right of Survivorship.
Answer: The right of a surviving tenant or tenants to succeed the entire
