Texas Real Estate Exam- State Portion | Complete Questions and Answers 100% Correct(SCORED A+)

Who is responsible for the acts of a salesperson? - ANSWER - The sponsoring broker Failure on the part of the agent to advise the purchaser of real property in writing that he should have the abstract covering the property examined by an attorney of his own selection, or that he should be furnished with a policy of title insurance shall: - ANSWER - d. preclude payment of, or recovery of, any commission agreed to be paid on the sale An example of gratuitous agency is: - ANSWER - b. Working for free All of the following are examples of different ways of giving real estate legal description EXCEPT: - ANSWER - b. the recorded mailing address The sponsoring broker is responsible to TREC, the public, and the clients for the acts of - ANSWER - d. his sponsored salespeople The Texas Real Estate Broker-Lawyer Committee consists of: - ANSWER - c. 13 members A handwritten will signed by the testator but not witnessed is known as a(n): - ANSWER - b. holographic will The only person who is allowed to give legal advice is: - ANSWER - c. Attorney How does the Texas Real Estate License Act define the first face-to-face meeting? - ANSWER - c. when substantive discussion occurs