TX Real Estate State
Exam Practice
2025/2026 Updated
Questions And Correct
Answers 100% Success
,TX Real Estate State Exam
Practice
Insurance Companies Not Willing To Deal Directly With Borrowers Usually Pay A
Loan Servicing And Preparation Fee, And Make Real Estate Mortgage Loans To
Purchase Indirectly Through:
FHA Or The VA Mortgage Companies
Savings And Loan Associations
Freddie Mac - CORRECT ANSWER;- Mortgage Companies
For The Past 30 Years, The Stone Family Has Operated A Neighborhood Grocery
Store.
Last Week The City Council Passed A Zoning Ordinance That Prohibits Packaged
Food Sales In The Area Where The Stone's Grocery Store Is Located. The
Store Is Now An Example Of
A/An:
Illegal Enterprise Nonconforming Use Violation Of Eminent Domain Variance Of
The Zoning Laws -
CORRECT ANSWER;-Non-Conforming Use
A Mortgage Company Makes A Number Of Loans To Be Assembled Into One
Package And Sold To Permanent
,Investors. This Process Is An
Example Of Interim Financing To The Mortgage Company, And Is Called:
Blanket Financing Warehousing Discounting
Package Financing - CORRECT ANSWER;- Warehousing
Warehousing - CORRECT ANSWER;-The Process Whereby Banks And
Other Lenders Make Mortgage
Loans To Consumers For The Purpose Of Quickly Selling Those Loans On The
Secondary Market.
The Rose Family Owns A Home In A Semi-Rural Area Which Is About Five Years
Old. Recently Announced Plans For A New Regional Airport Will Place Their
Home Directly In Line With A Main Runway That Ends One Mile Before Their
Home. If The
Airport Is Constructed, Will This
Diminish The Value Of The Rose Home? - CORRECT ANSWER;-Yes, Because Of
Economic Obsolescence
Economic Obsolese - CORRECT ANSWER;- External- Factors Unrelated To The
Property Itself, And Outside Of The Owner's Control, Diminish Its Value. A Quick
Way To Judge Whether Or Not A Property Has Become Economically Obsolete Is
To Analyze Whether, Under
New Circumstances, The
, Location Would Still Be Chosen As A Home Site And, If Yes, At What Value
Compared With The Current Property.
The Recording Of An Instrument Gives: - CORRECT ANSWER;-Constructive
Notice
-Attaches Once A Document Is Recorded. Once Recorded, Subsequent Buyers
Will Be Deemed To Have Received
"Constructive Notice" Regarding
The Document And Its Effect On The Property In Question. This Could Also Be
Given By Taking Possession Of A Property
What Is The Most Common Method Of Making Small Changes To A Real Estate
Contract? - CORRECT ANSWER;-Making Changes By Striking, Inserting And
Initialing Changes In Pen
4.
An Appeal Is Heard By The
. - CORRECT ANSWER;-Commission Enforcement Committee
Informal Proceedings Include
. - CORRECT ANSWER;-A Telephone Conversation
Compensation Agreements Can Apply In Any Of The Following Ways EXCEPT: -
CORRECT ANSWER;-
Exam Practice
2025/2026 Updated
Questions And Correct
Answers 100% Success
,TX Real Estate State Exam
Practice
Insurance Companies Not Willing To Deal Directly With Borrowers Usually Pay A
Loan Servicing And Preparation Fee, And Make Real Estate Mortgage Loans To
Purchase Indirectly Through:
FHA Or The VA Mortgage Companies
Savings And Loan Associations
Freddie Mac - CORRECT ANSWER;- Mortgage Companies
For The Past 30 Years, The Stone Family Has Operated A Neighborhood Grocery
Store.
Last Week The City Council Passed A Zoning Ordinance That Prohibits Packaged
Food Sales In The Area Where The Stone's Grocery Store Is Located. The
Store Is Now An Example Of
A/An:
Illegal Enterprise Nonconforming Use Violation Of Eminent Domain Variance Of
The Zoning Laws -
CORRECT ANSWER;-Non-Conforming Use
A Mortgage Company Makes A Number Of Loans To Be Assembled Into One
Package And Sold To Permanent
,Investors. This Process Is An
Example Of Interim Financing To The Mortgage Company, And Is Called:
Blanket Financing Warehousing Discounting
Package Financing - CORRECT ANSWER;- Warehousing
Warehousing - CORRECT ANSWER;-The Process Whereby Banks And
Other Lenders Make Mortgage
Loans To Consumers For The Purpose Of Quickly Selling Those Loans On The
Secondary Market.
The Rose Family Owns A Home In A Semi-Rural Area Which Is About Five Years
Old. Recently Announced Plans For A New Regional Airport Will Place Their
Home Directly In Line With A Main Runway That Ends One Mile Before Their
Home. If The
Airport Is Constructed, Will This
Diminish The Value Of The Rose Home? - CORRECT ANSWER;-Yes, Because Of
Economic Obsolescence
Economic Obsolese - CORRECT ANSWER;- External- Factors Unrelated To The
Property Itself, And Outside Of The Owner's Control, Diminish Its Value. A Quick
Way To Judge Whether Or Not A Property Has Become Economically Obsolete Is
To Analyze Whether, Under
New Circumstances, The
, Location Would Still Be Chosen As A Home Site And, If Yes, At What Value
Compared With The Current Property.
The Recording Of An Instrument Gives: - CORRECT ANSWER;-Constructive
Notice
-Attaches Once A Document Is Recorded. Once Recorded, Subsequent Buyers
Will Be Deemed To Have Received
"Constructive Notice" Regarding
The Document And Its Effect On The Property In Question. This Could Also Be
Given By Taking Possession Of A Property
What Is The Most Common Method Of Making Small Changes To A Real Estate
Contract? - CORRECT ANSWER;-Making Changes By Striking, Inserting And
Initialing Changes In Pen
4.
An Appeal Is Heard By The
. - CORRECT ANSWER;-Commission Enforcement Committee
Informal Proceedings Include
. - CORRECT ANSWER;-A Telephone Conversation
Compensation Agreements Can Apply In Any Of The Following Ways EXCEPT: -
CORRECT ANSWER;-
