TEXAS PRINCIPLES 1 EXAM PRACTICE
QUESTIONS WITH ANSWERS -
CHAMPIONS SCHOOL OF REAL
ESTATE.VERIFIED
Texas Principles 1 Exam Practice Questions - Champions School of Real Estate
1. a: Townhomes and single-family homes differ in that ______a common wall.
(a) townhomes share
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not own the
land because of (d) townhomes are retro-commissioned and share
2. a: Rights that are associated with the ownership of real property are often referred to as the
owner's:
(a) Bundle of rights
(b) Constitutional rights (c) Statutory rights(d) Civil rights
3. a: The agreement between a broker and a client is most often a(n) __________ agency
relationship.
(a) Special (b) General (c) Universal (d) Sub
4. a: A professional association whose local affiliates own and operate MLS systems throughout
the United States is the:
(a) NAR (b) CCIM (c) BOMA (d) ICSC
5. a: The concept behind the government survey system is the ________ of a grid on top of
the land. (a) overlay
(b) metes and bounds (c) coordinates
(d) leaps and bounds
6. a: You can use the acronym ____________ to remember the five essential elements of a valid
and enforceable contract.
(a) COLIC (contractual capacity, offer and acceptance, legality of object, In writing & signed, and
Consideration) (b) COLLIE
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QUESTIONS WITH ANSWERS -
CHAMPIONS SCHOOL OF REAL
ESTATE.VERIFIED
Texas Principles 1 Exam Practice Questions - Champions School of Real Estate
1. a: Townhomes and single-family homes differ in that ______a common wall.
(a) townhomes share
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not own the
land because of (d) townhomes are retro-commissioned and share
2. a: Rights that are associated with the ownership of real property are often referred to as the
owner's:
(a) Bundle of rights
(b) Constitutional rights (c) Statutory rights(d) Civil rights
3. a: The agreement between a broker and a client is most often a(n) __________ agency
relationship.
(a) Special (b) General (c) Universal (d) Sub
4. a: A professional association whose local affiliates own and operate MLS systems throughout
the United States is the:
(a) NAR (b) CCIM (c) BOMA (d) ICSC
5. a: The concept behind the government survey system is the ________ of a grid on top of
the land. (a) overlay
(b) metes and bounds (c) coordinates
(d) leaps and bounds
6. a: You can use the acronym ____________ to remember the five essential elements of a valid
and enforceable contract.
(a) COLIC (contractual capacity, offer and acceptance, legality of object, In writing & signed, and
Consideration) (b) COLLIE
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