AYPO Real Estate Principles of Real
Estate I Exam Study Guide 2026
TREC has the authority under TRELA to suspend or even revoke a broker's license
if: - Correct answer-They conduct the unlawful practice of law
ESAC stands for: - Correct answer-Education Standards Advisory Committee
What refers to a location from an economic rather than a geographic standpoint? -
Correct answer-Situs.
Which amendment guarantees that a citizen will not be deprived of property
without due process of law? - Correct answer-5th Amendment.
The CFPB is the: - Correct answer-Consumer Financial Protection Bureau
A professional organization or association is usually a not-for-profit organization
that seeks to: - Correct answer-further a particular profession and the interests of
individuals engaged in that profession.
A contraction or generally slowing down of the economy is a: - Correct answer-
Recession.
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, What is the primary purpose for real estate licensing laws? - Correct answer-1. To
protect the general public during real estate transactions from dishonest or
incompetent brokers and sales agents.
2. To set out minimum standards and qualifications for licensing brokers and sales
agents.
3. To protect licensed brokers and sales agents from unfair or improper
competition.
Per 1101.2051(b), information or material prepared or compiled by the commission
in connection with a complaint, investigation, or audit may be disclosed: - Correct
answer-to the respondent of the complaint.
What type of property category includes churches, other places of worship, schools
and colleges, cemeteries and certain government-held properties? - Correct answer-
Special-purpose.
Emblements are best described by which of the following? - Correct answer-
Harvestable plants, trees, and uncultivated vegetation.
A manufactured home can be considered real property if: - Correct answer-1. both
the Texas Department of Housing and Community Affairs and the home's county's
chief tax appraiser have been notified of the filing
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
Estate I Exam Study Guide 2026
TREC has the authority under TRELA to suspend or even revoke a broker's license
if: - Correct answer-They conduct the unlawful practice of law
ESAC stands for: - Correct answer-Education Standards Advisory Committee
What refers to a location from an economic rather than a geographic standpoint? -
Correct answer-Situs.
Which amendment guarantees that a citizen will not be deprived of property
without due process of law? - Correct answer-5th Amendment.
The CFPB is the: - Correct answer-Consumer Financial Protection Bureau
A professional organization or association is usually a not-for-profit organization
that seeks to: - Correct answer-further a particular profession and the interests of
individuals engaged in that profession.
A contraction or generally slowing down of the economy is a: - Correct answer-
Recession.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, What is the primary purpose for real estate licensing laws? - Correct answer-1. To
protect the general public during real estate transactions from dishonest or
incompetent brokers and sales agents.
2. To set out minimum standards and qualifications for licensing brokers and sales
agents.
3. To protect licensed brokers and sales agents from unfair or improper
competition.
Per 1101.2051(b), information or material prepared or compiled by the commission
in connection with a complaint, investigation, or audit may be disclosed: - Correct
answer-to the respondent of the complaint.
What type of property category includes churches, other places of worship, schools
and colleges, cemeteries and certain government-held properties? - Correct answer-
Special-purpose.
Emblements are best described by which of the following? - Correct answer-
Harvestable plants, trees, and uncultivated vegetation.
A manufactured home can be considered real property if: - Correct answer-1. both
the Texas Department of Housing and Community Affairs and the home's county's
chief tax appraiser have been notified of the filing
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
