REALESTATEU: TEXAS REAL ESTATE
PRINCIPLES PART 1 FINAL FINAL
TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ Trec Commision Membership.
Answer: 9 Members (6 brokers, 3 public) appointed by governor. They serve
6 year staggered term.
◍ Is the Texas Association of real estate inspectors it is primarily responsible
for.
Answer: Enhancing the education and development of professional property
inspections
◍ Texas Real Estate Borker Lawyer Committee.
Answer: 13 Members (6 brokers, 6 lawyers, 1 public)
◍ What is the classification of a warehouse property that has a number of
unauthorized condominium unit conversions?.
Answer: Industrial
◍ General Eligibility Requirements to be Licensed by TREC.
Answer: 18 years olda US citizen or lawfully admitted alienresident of the
state
◍ A certificate is required seperate of the license when.
Answer: buying, selling or leasing an easement pertaining to
telecommunicaton, utility, railroad or pipeline services.
◍ Payments into Trust Account.
Answer: ensures the availibility of a sufficient amount to pay on anticipated
claims on the trust account
,◍ A commission may suspend or revoke a license for.
Answer: acting negligently or incompetently, comingling money and
soliciting or selling offers for the sale of real estate by means of a lottery
◍ An appeal can be made on a decision by the commission.
Answer: it must be taken to the district court in the county where the
administrative hearing was held.
◍ In Texas real estate, license act is administrated by.
Answer: The Texas real estate commission
◍ When dealing with a client it is mandatory to give them.
Answer: A copy of the "Information about brokerage services" form
◍ The legal rights of property purchaser called the bundle of right means the
owner is exempt from.
Answer: Demand by non-legal authorities to come onto the property
◍ Why are subsurface right considered dominant over surface rights?.
Answer: Because owners of subsurface write, must have access to surface of
the property for the placement, such things as drilling, or pumping rings
◍ Which of the following would likely be considered a fixture included in the
sell?.
Answer: Parsian rugs on hardwood floor
◍ Properties and community that is built out from city to city limit will likely
see property value.
Answer: Rise, because no more buildable properties are available
◍ The three Canons for professional ethics and conduct for Real Estate
Licensees.
Answer: Fidelity, Integrity, Competency
◍ Under what circumstances can a person be called a "Realtor?".
Answer: That agent has to join the "NAR" National Association of Realtors
to be called a "Realtor"
, ◍ A swimming pool ads what kind of value to a property.
Answer: Subjective value
◍ When there is a construction boom in the United States, driving down the
supply of drywall so that builders must import what should real estate
brokers and sales agents be aware of.
Answer: That the imported drywall may not need local building codes as
well as national standards
◍ What was the Fair Housing Laws or Civil Rights Act of 1866.
Answer: FEDERAL LAW that where the only protected class was Race. No
one can discriminate because of RACE.
◍ What is primarily selling point of a modular home?.
Answer: They are built in factory under controlled conditions
◍ If clients want to buy Pacific homes but fall short of the 25-28%/33-36%
ratio. Will they automatically be disqualified from the purchase.
Answer: No
◍ Civil Rights Act of 1968.
Answer: Amended the Civil Rights Act of 1866 to include race, color,
national origin, religion,
◍ If flash flooding forces a property owner out of a residence for six months
who has otherwise lived in the home for a year and a half out of the last five
years is the owner still entitled to the capital gain exclusion on the sell other
property.
Answer: Yes, the period of time the owner is forced out of the residence
because of the flood does not count for the purpose of the capital gains rule
◍ Is something happened to a borrower who has a mortgage insurance who
gets paid?.
Answer: The lending institution has the mortgage
◍ Civil Rights Act of 1974.
Answer: Amended to include Sex (Male or Female)
PRINCIPLES PART 1 FINAL FINAL
TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ Trec Commision Membership.
Answer: 9 Members (6 brokers, 3 public) appointed by governor. They serve
6 year staggered term.
◍ Is the Texas Association of real estate inspectors it is primarily responsible
for.
Answer: Enhancing the education and development of professional property
inspections
◍ Texas Real Estate Borker Lawyer Committee.
Answer: 13 Members (6 brokers, 6 lawyers, 1 public)
◍ What is the classification of a warehouse property that has a number of
unauthorized condominium unit conversions?.
Answer: Industrial
◍ General Eligibility Requirements to be Licensed by TREC.
Answer: 18 years olda US citizen or lawfully admitted alienresident of the
state
◍ A certificate is required seperate of the license when.
Answer: buying, selling or leasing an easement pertaining to
telecommunicaton, utility, railroad or pipeline services.
◍ Payments into Trust Account.
Answer: ensures the availibility of a sufficient amount to pay on anticipated
claims on the trust account
,◍ A commission may suspend or revoke a license for.
Answer: acting negligently or incompetently, comingling money and
soliciting or selling offers for the sale of real estate by means of a lottery
◍ An appeal can be made on a decision by the commission.
Answer: it must be taken to the district court in the county where the
administrative hearing was held.
◍ In Texas real estate, license act is administrated by.
Answer: The Texas real estate commission
◍ When dealing with a client it is mandatory to give them.
Answer: A copy of the "Information about brokerage services" form
◍ The legal rights of property purchaser called the bundle of right means the
owner is exempt from.
Answer: Demand by non-legal authorities to come onto the property
◍ Why are subsurface right considered dominant over surface rights?.
Answer: Because owners of subsurface write, must have access to surface of
the property for the placement, such things as drilling, or pumping rings
◍ Which of the following would likely be considered a fixture included in the
sell?.
Answer: Parsian rugs on hardwood floor
◍ Properties and community that is built out from city to city limit will likely
see property value.
Answer: Rise, because no more buildable properties are available
◍ The three Canons for professional ethics and conduct for Real Estate
Licensees.
Answer: Fidelity, Integrity, Competency
◍ Under what circumstances can a person be called a "Realtor?".
Answer: That agent has to join the "NAR" National Association of Realtors
to be called a "Realtor"
, ◍ A swimming pool ads what kind of value to a property.
Answer: Subjective value
◍ When there is a construction boom in the United States, driving down the
supply of drywall so that builders must import what should real estate
brokers and sales agents be aware of.
Answer: That the imported drywall may not need local building codes as
well as national standards
◍ What was the Fair Housing Laws or Civil Rights Act of 1866.
Answer: FEDERAL LAW that where the only protected class was Race. No
one can discriminate because of RACE.
◍ What is primarily selling point of a modular home?.
Answer: They are built in factory under controlled conditions
◍ If clients want to buy Pacific homes but fall short of the 25-28%/33-36%
ratio. Will they automatically be disqualified from the purchase.
Answer: No
◍ Civil Rights Act of 1968.
Answer: Amended the Civil Rights Act of 1866 to include race, color,
national origin, religion,
◍ If flash flooding forces a property owner out of a residence for six months
who has otherwise lived in the home for a year and a half out of the last five
years is the owner still entitled to the capital gain exclusion on the sell other
property.
Answer: Yes, the period of time the owner is forced out of the residence
because of the flood does not count for the purpose of the capital gains rule
◍ Is something happened to a borrower who has a mortgage insurance who
gets paid?.
Answer: The lending institution has the mortgage
◍ Civil Rights Act of 1974.
Answer: Amended to include Sex (Male or Female)
