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Texas Real Estate National Exam Test Prep Multiple Choice well solved. Qs What principle of value defines the most important factor for appraisal? a. Conformity b. Competition c. Highest and Best Use d. Substitution - n Ans C Qs Accurate record keepin

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Texas Real Estate National Exam Test Prep Multiple Choice well solved. Qs What principle of value defines the most important factor for appraisal? a. Conformity b. Competition c. Highest and Best Use d. Substitution - n Ans C Qs Accurate record keeping is the responsibility of all brokers. If a broker's computers are stolen, what steps could have been taken to protect records? a. Offsite or cloud storage b. data encryption c. an alarm system d. an armed security guard - n Ans A Qs A license holder has just attended a training seminar about technology in real estate and is excited about using social media with her clients. Which of the following statements about social media in real estate is NOT true? a. an agent advertising client property on social media needs written permission from the client b. an agent advertising on social media must comply with all the same laws and rules as print and broadcast advertising c. an agent with permission to advertise a property on social media does not have to worry about protecting confidential information about the client d. the use of social media in real estate advertising is growing - n Ans C Qs A sales agent is showing a property. He trips in the house causes major damage to property of the owner. What type of insurance will cover this accident? a. broker E&O insurance b. liability insurance c. title insurance d. a FEMA policy - n Ans B Qs Prior to its amendments, the Civil Rights Act of 1968 prohibited discrimination based on: a. AIDS b. national origin c. sexual preference d. age - n Ans B

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Institution
Texas Real Estate Nationaltiple
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Texas Real Estate Nationaltiple

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Uploaded on
June 19, 2025
Number of pages
41
Written in
2024/2025
Type
Exam (elaborations)
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Texas Real Estate National Exam
Test Prep Multiple Choice well
solved.
Qs

What principle of value defines the most important factor for appraisal?



a. Conformity

b. Competition

c. Highest and Best Use

d. Substitution - n

Ans✔

C

Qs

Accurate record keeping is the responsibility of all brokers. If a broker's computers are stolen, what
steps could have been taken to protect records?



a. Offsite or cloud storage

b. data encryption

c. an alarm system

d. an armed security guard - n

Ans✔

A



Qs

A license holder has just attended a training seminar about technology in real estate and is excited
about using social media with her clients. Which of the following statements about social media in real
estate is NOT true?



a. an agent advertising client property on social media

,needs written permission from the client

b. an agent advertising on social media must comply with all

the same laws and rules as print and broadcast

advertising

c. an agent with permission to advertise a property on

social media does not have to worry about protecting

confidential information about the client

d. the use of social media in real estate advertising is

growing - n

Ans✔

C



Qs

A sales agent is showing a property. He trips in the house causes major damage to property of the
owner. What type of insurance will cover this accident?



a. broker E&O insurance

b. liability insurance

c. title insurance

d. a FEMA policy - n

Ans✔

B



Qs

Prior to its amendments, the Civil Rights Act of 1968 prohibited discrimination based on:



a. AIDS

b. national origin

c. sexual preference

,d. age - n

Ans✔

B



Qs

An agent working with immigrant buyers must be careful:



a. because the buyers might not speak English well

b. because the agent may not speak the buyer's language

c. not to steer the buyers to a neighborhood based on the

language they speak

d. because the buyers might want to use contracts in their

own language - n

Ans✔

C



Qs

An agent is accused of discrimination. What will HUD do?



a. fine the agent $50,000

b. try mediation followed by a lawsuit if mediation fails

c. revoke the agent's license

d. send the agent to jail for one year - n

Ans✔

B



Qs

A mobility impaired tenant has leased an apartment in a complex with unassigned parking. He has
requested an assigned reserved space near to his unit. What is true?

, a. the landlord does not have to provide a special space for

this tenant

b. the landlord only has to provide an assigned space if the

tenant requests it before leasing the apartment

c. the landlord must provide an assigned reserved space

for the tenant

d. the landlord must provide an assigned reserved space

for the tenant near to the tenant's unit. - n

Ans✔

D



Qs

An investor has 15 rent houses. He has hired an agent to lease the houses. Which of the following
actions by the agent would NOT be in violation of fair housing laws?



a. refusing to show the houses to anyone over 75 years old

b. refusing to show the houses to any unmarried pregnant

women

c. refusing to show the houses to any single parents with

children

d. refusing to show the houses to any Hispanic couples - n

Ans✔

A



Qs

Which of the following would NOT be an operating expense included in the property manager's
operating budget?
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