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AYPO Real Estate Principles of Real Estate I
Exam 2025 – Updated Practice Test, Study Guide
& Answer Key for Texas Real Estate License
Prepare for the AYPO Real Estate Principles of Real Estate I Exam with the latest 2025
study materials. Includes updated practice questions, detailed explanations, and exam
answers covering real estate fundamentals, property ownership, agency, contracts, and
finance. Perfect for Texas Real Estate Commission (TREC) pre-licensing students taking
the AYPO Real Estate course.
• AYPO Real Estate Principles of Real Estate I Exam 2025
• AYPO Principles of Real Estate 1 answers
• AYPO Real Estate practice test 2025
• AYPO Real Estate course exam
The Texas Real Estate Broker Lawyer Committee consists of 13 members appointed as follows: -
ANSWER-*six members appointed by the commission
*six members of the State Bar of Texas appointed by the president of the state bar
*one public member appointed by the govenor
What states that a party or parties associated with a contract will cover certain losses or expenses
incurred by another party under the contract? - ANSWER-*indemnification clause
Which of the following is a general term for properties involving an approved survey map and plans that
describe each lot or unit and that is recorded with the county? - ANSWER-*Platted
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How long does a Chapter 13 debtor have to reinvest the proceeds of his or her home sale in a new
homestead or lose their homestead tax exempt status and therefore return the proceeds to the
bankruptcy estate? - ANSWER-*6 months
The term "false, misleading, or deceptive acts or practices" includes but is not limited to which of the
following acts? - ANSWER-*Using deceptive representations or designations of geographic origin in a
connection with goods or services
*Disparaging the goods, or services, or business of another by false or misleading representation of facts
*Passing off goods or services as those of another
The commission by rule may: - ANSWER-*prescribe the title, content, and duration of continuing
education courses that a license holder must attend to renew the license
One of the most powerful elements of the Deceptive Trade Practices Consumer Protection Act is its
mandate to award which of these? - ANSWER-*Attorney's fees
A building or community may not discriminate based on familial status, except in which of these
circumstances? - ANSWER-*The building or community qualifies as housing for older persons
A "net listing" is a listing agreement in which the broker's commission: - ANSWER-*is the difference
("net") between the sales proceeds and an amount desired by the owner of the real property
Mortgages are a common type of ______ lien. - ANSWER-*consensual
The following information is generally included in a listing agreement? - ANSWER-*That the seller has
the legal capacity to sell the property
*The legal description of the property
*The agency agreement between the broker and seller
Which of the following is one of the components of the NFIP? - ANSWER-*Risk Identification
*Risk Mitigation
*Subsidization
AYPO Real Estate Principles of Real Estate I
Exam 2025 – Updated Practice Test, Study Guide
& Answer Key for Texas Real Estate License
Prepare for the AYPO Real Estate Principles of Real Estate I Exam with the latest 2025
study materials. Includes updated practice questions, detailed explanations, and exam
answers covering real estate fundamentals, property ownership, agency, contracts, and
finance. Perfect for Texas Real Estate Commission (TREC) pre-licensing students taking
the AYPO Real Estate course.
• AYPO Real Estate Principles of Real Estate I Exam 2025
• AYPO Principles of Real Estate 1 answers
• AYPO Real Estate practice test 2025
• AYPO Real Estate course exam
The Texas Real Estate Broker Lawyer Committee consists of 13 members appointed as follows: -
ANSWER-*six members appointed by the commission
*six members of the State Bar of Texas appointed by the president of the state bar
*one public member appointed by the govenor
What states that a party or parties associated with a contract will cover certain losses or expenses
incurred by another party under the contract? - ANSWER-*indemnification clause
Which of the following is a general term for properties involving an approved survey map and plans that
describe each lot or unit and that is recorded with the county? - ANSWER-*Platted
, 2|Page
How long does a Chapter 13 debtor have to reinvest the proceeds of his or her home sale in a new
homestead or lose their homestead tax exempt status and therefore return the proceeds to the
bankruptcy estate? - ANSWER-*6 months
The term "false, misleading, or deceptive acts or practices" includes but is not limited to which of the
following acts? - ANSWER-*Using deceptive representations or designations of geographic origin in a
connection with goods or services
*Disparaging the goods, or services, or business of another by false or misleading representation of facts
*Passing off goods or services as those of another
The commission by rule may: - ANSWER-*prescribe the title, content, and duration of continuing
education courses that a license holder must attend to renew the license
One of the most powerful elements of the Deceptive Trade Practices Consumer Protection Act is its
mandate to award which of these? - ANSWER-*Attorney's fees
A building or community may not discriminate based on familial status, except in which of these
circumstances? - ANSWER-*The building or community qualifies as housing for older persons
A "net listing" is a listing agreement in which the broker's commission: - ANSWER-*is the difference
("net") between the sales proceeds and an amount desired by the owner of the real property
Mortgages are a common type of ______ lien. - ANSWER-*consensual
The following information is generally included in a listing agreement? - ANSWER-*That the seller has
the legal capacity to sell the property
*The legal description of the property
*The agency agreement between the broker and seller
Which of the following is one of the components of the NFIP? - ANSWER-*Risk Identification
*Risk Mitigation
*Subsidization
