Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
The business of bringing buyers and sellers together and
assisting in negotiations for the terms of sale of real
estate. - correct answers ✅brokerage
A person or an organization acting as the agent for others
in negotiating the purchase and sale of real property or
other commodities for a fee - correct answers ✅real
estate broker
A person performing any of the acts included in the
definition of real estate broker but while associated with
and supervised by a broker - correct answers ✅real
estate salesperson
A type of property that includes one to four dwelling
units - correct answers ✅residential property
Property that produces rental income or that is used in
business. Properties with five or more dwelling units are
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Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
considered commercial property. - correct answers
✅commercial property
Property that is used by companies or persons for
manufacturing, warehousing, or the assemblage of
components - correct answers ✅industrial property
A category of real property created as a result of
combining the land and its improvements for a single
highest and best use - correct answers ✅special
purpose property
Any urban, suburban or village development, or even a
single building, that blends a combination of residential,
commercial, cultural, institutional, or industrial uses,
where those functions are physically and functionally
integrated, and that provides pedestrian connections -
correct answers ✅mixed use property
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Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
The business of bringing buyers and sellers together and
assisting in negotiations for the terms of sale of real
estate is known as...? - correct answers ✅brokerage
Government held properties include which of the
following...? - correct answers ✅public parks
Must property inspections must be licensed by the Texas
Real Estate Commission...? - correct answers ✅yes
A church is a definition of a _____________
____________ property. - correct answers ✅special
purpose
What courses must be taken after you obtain your real
estate license...? - correct answers ✅continuing
education courses
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Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2023
The qualifying Real Estate Principles course consists of
how many classroom hours in total...? - correct answers
✅60 (part I and part II)
How many points must an applicant earn in order to
obtain their real estate broker's license...? - correct
answers ✅3600
The mission of the _______________ _______________
________________ Committee (ESAC) is to regularly
review and revise the curriculum standards, course
content requirements, and instructor certification
requirements for qualifying and continuing education
courses...? - correct answers ✅educational standards
advisory
The pre-licensing courses needed to obtain your real
estate license are considered what type of courses...? -
correct answers ✅qualifying education