CE SHOP PRACTICE EXAM TEXAS
PRINCIPLES OF REAL ESTATE
QUESTIONS AND ANSWERS
What amount of liability does a Texas licensee who acted in cooperation with another
person(s) to commit a third-degree felony have? - Answer-Joint and separate
responsibility for all damages
According to the Department of Justice, an agreement between competitors to establish
or adhere to uniform price discounts is a type of which antitrust violation? - Answer-
Price fixing
What's the permanent marker used primarily for marking datums when measuring
elevation? - Answer-Benchmark
_____ is a permanent reference points used for marking datums. - Answer-Benchmark
In which type of listing agreement will a seller contract with multiple agents and only pay
commission to the agent who locates a buyer? - Answer-Open listing
Ken, Dale, and James were brothers who owned more than 100 acres as tenants in
common. The relationship between Ken and James disintegrated, and so James
initiated a lawsuit. The end result was that the court gave each brother a designated set
of acres to own. What did the court grant? - Answer-Partition
______ is the term used to describe a specific, divided portion of property that's created
as part of a co-ownership termination. - Answer-Partition
What type of real estate license holder must be sponsored by another type of license
holder in Texas? - Answer-Sales agent
What pre-licensing education must an applicant for an initial sales agent license in
Texas complete? - Answer-Six 30-hour courses of qualifying education
Sales agent applicants must complete _____ hours of sales agent-qualifying courses
before applying for a license. - Answer-180
Which area of real estate law covers what's required of a licensee when performing real
estate activities within the state, including license law, continuing education
requirements, supervisory requirements, and prohibited conduct? - Answer-Real estate
license law
, Which of the following legal descriptions is not used in Texas? - Answer-Rectangular
government survey
Which one of the following says that real estate acquired by either spouse during a
marriage (in most cases) is considered community property? - Answer-Community
property rights
There are ______ members of the Education Standards Advisory Committee. - Answer-
12
If a Texas licensee is found guilty of a fair housing violation, the _____________could
also award monetary damages to the complainant. - Answer-TWCCRD
What's an easement? - Answer-The right to cross over or otherwise use another's land
for a specified purpose
Which of the following is a true statement about the MLS and sellers? - Answer-It's rare
for sellers to decline advertising their property on the MLS.
Does a Texas resident need a real estate license to sell their own property? - Answer-
No, a license is not required.
Which area of real estate law covers lease agreements? - Answer-Landlord-tenant
In the real estate business, whose primary role is it to provide clients with the
information they need to make informed decisions about their own specific real estate
interests? - Answer-Real estate counselor
To what properties does the Texas seller's disclosure of property condition law apply? -
Answer-All single-family residential properties
First Baptist Church in Houston owns two apartments next door to the church, which
used to be housing for its ministerial staff. It does not rent to non-Baptists. Is this legal in
Texas? - Answer-Yes, as long as it does not discriminate based on race, color, or
national origin.
A landlord with a strict "no pets" policy won't rent to a woman who uses a service animal
to assist with her epilepsy. Which of the following is a true statement about this
situation? - Answer-This is discrimination based on disability.
The commission can impose up to a maximum of how much per violation of TRELA? -
Answer-5000
A ______ is a point, surface, or line used as a reference for measuring elevation. -
Answer-Datum
PRINCIPLES OF REAL ESTATE
QUESTIONS AND ANSWERS
What amount of liability does a Texas licensee who acted in cooperation with another
person(s) to commit a third-degree felony have? - Answer-Joint and separate
responsibility for all damages
According to the Department of Justice, an agreement between competitors to establish
or adhere to uniform price discounts is a type of which antitrust violation? - Answer-
Price fixing
What's the permanent marker used primarily for marking datums when measuring
elevation? - Answer-Benchmark
_____ is a permanent reference points used for marking datums. - Answer-Benchmark
In which type of listing agreement will a seller contract with multiple agents and only pay
commission to the agent who locates a buyer? - Answer-Open listing
Ken, Dale, and James were brothers who owned more than 100 acres as tenants in
common. The relationship between Ken and James disintegrated, and so James
initiated a lawsuit. The end result was that the court gave each brother a designated set
of acres to own. What did the court grant? - Answer-Partition
______ is the term used to describe a specific, divided portion of property that's created
as part of a co-ownership termination. - Answer-Partition
What type of real estate license holder must be sponsored by another type of license
holder in Texas? - Answer-Sales agent
What pre-licensing education must an applicant for an initial sales agent license in
Texas complete? - Answer-Six 30-hour courses of qualifying education
Sales agent applicants must complete _____ hours of sales agent-qualifying courses
before applying for a license. - Answer-180
Which area of real estate law covers what's required of a licensee when performing real
estate activities within the state, including license law, continuing education
requirements, supervisory requirements, and prohibited conduct? - Answer-Real estate
license law
, Which of the following legal descriptions is not used in Texas? - Answer-Rectangular
government survey
Which one of the following says that real estate acquired by either spouse during a
marriage (in most cases) is considered community property? - Answer-Community
property rights
There are ______ members of the Education Standards Advisory Committee. - Answer-
12
If a Texas licensee is found guilty of a fair housing violation, the _____________could
also award monetary damages to the complainant. - Answer-TWCCRD
What's an easement? - Answer-The right to cross over or otherwise use another's land
for a specified purpose
Which of the following is a true statement about the MLS and sellers? - Answer-It's rare
for sellers to decline advertising their property on the MLS.
Does a Texas resident need a real estate license to sell their own property? - Answer-
No, a license is not required.
Which area of real estate law covers lease agreements? - Answer-Landlord-tenant
In the real estate business, whose primary role is it to provide clients with the
information they need to make informed decisions about their own specific real estate
interests? - Answer-Real estate counselor
To what properties does the Texas seller's disclosure of property condition law apply? -
Answer-All single-family residential properties
First Baptist Church in Houston owns two apartments next door to the church, which
used to be housing for its ministerial staff. It does not rent to non-Baptists. Is this legal in
Texas? - Answer-Yes, as long as it does not discriminate based on race, color, or
national origin.
A landlord with a strict "no pets" policy won't rent to a woman who uses a service animal
to assist with her epilepsy. Which of the following is a true statement about this
situation? - Answer-This is discrimination based on disability.
The commission can impose up to a maximum of how much per violation of TRELA? -
Answer-5000
A ______ is a point, surface, or line used as a reference for measuring elevation. -
Answer-Datum
