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Texas Real Estate Principles 1 - Unit 1 Exam 2025 Brand New Actual Exam With Answers.

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TEXAS REAL ESTATE PRINCIPLES 1 - UNIT 1 EXAM 2025 BRAND NEW ACTUAL EXAM WITH ANSWERS.

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Page | 1

TEXAS REAL ESTATE PRINCIPLES 1 -
UNIT 1 EXAM 2025 BRAND NEW
ACTUAL EXAM WITH ANSWERS.



A real estate broker is authorized to perform which of the
following acts...? - correct answer -Identify properties for purchase
or lease
Deal or sell options on real estate
Auction off real estate




If an administrative penalty is not paid, who is responsible for
collecting the payment...? - correct answer -Attorney General




Which of the following is exempt from holding a real estate
license...? - correct answer -A homeowner looking to sell their
house on their own




Who determines the standards for real estate licensing courses in
Texas...? - correct answer -Texas Real Estate Commision

, Page | 2



The subdivision plat method of describing property includes which
of the following...? - correct answer -Lots and Blocks




When using the metes and bounds method to describe property,
the origin point is also the...? - correct answer -End Point




If an individual uses sections to help describe a property, they are
most likely using which of the following methods...? - correct
answer -Government Survey




Metes and bounds is an example of a...? - correct answer -Legal
description




Which of the following property descriptions is not used in the
State of Texas? - correct answer -Government Survey




Until a purchase contract is closed upon, it is considered a/an...? -
correct answer -Executory contract

, Page | 3



If one of the parties in a real estate transaction are not considered
competent, the contract between the parties is considered a/an...?
- correct answer -voidable contract




To mingle or mix, for example, a client's funds in the broker's
personal or general account is known as...? - correct answer -
commingling




Which of the following real estate contracts must be in writing...? -
correct answer -Purchase contract for a multi-family property
Lease contract for greater than 1 year
Sales contract




Oral listing agreements between a seller and a broker are...? -
correct answer -Unenforceable




A fee simple estate is an example of which of the following
estates...? - correct answer -Freehold estate

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