AYPO Real Estate Principles of Real Estate I Exam Study
Guide TEST BANK EXAM 2025 \UPDATED
VERSION WITH COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS \LATEST
VERSION
TREC has the authority under They conduct the unlawful practice of law
TRELA to
suspend or even revoke a
broker's license if:
ESAC stands for: Education Standards Advisory Committee
What refers to a location from Situs.
an economic rather than a
geographic standpoint?
Which amendment guarantees 5th Amendment.
that a citizen will not be
deprived of property
without due process of
law?
The CFPB is the: Consumer Financial Protection Bureau
A professional organization further a particular profession and the interests of
or association is usually a individuals engaged in that profession.
not-for-profit organization
that seeks to:
A contraction or generally Recession.
slowing down of the
economy is a:
1. To protect the general public during real estate
transactions from dishonest or incompetent brokers
What is the primary purpose
and sales agents.
for real estate licensing
2. To set out minimum standards and qualifications for
/ 1/1
1
, 7/14/25, 10:25 PM AYPO Real Estate Principles of Real Estate I Exam Study Guide
laws? licensing brokers and sales agents.
3. To protect licensed brokers and sales agents from unfair or
improper competition.
Per 1101.2051(b), information or to the respondent of the complaint.
material
prepared or compiled by
the commission in
connection with a
complaint,
investigation, or audit may be
disclosed:
What type of property Special-purpose.
category includes
churches, other places of
worship, schools and
colleges, cemeteries and
certain government-held
properties?
Emblements are best Harvestable plants, trees, and uncultivated vegetation.
described by which of the
following?
1. both the Texas Department of Housing and
Community Affairs and the home's county's chief
A manufactured home can tax appraiser have been notified of the filing
be considered real 2. a certified copy of the "Statement of ownership
property if: and location" for the home has been filed by the
owner in the real property records of the county where
the home is located
3. the owner of the home has elected to treat the home as their
real property
The number one reason Employment opportunity
that people move is:
How much money can a $10,000
first time homebuyer draw
from his or her own IRA
without tax penalty for the
purchase?
/ 2/1
1