The CE Shop Principles of Real Estate 1
Questions and Answers Graded A+
In Texas, whose responsibility is it to supervise associated licensees and review
transactional paperwork and advertising? - Correct answer-The Broker's
In several states, married couples usually hold property as ______. - Correct
answer-Community property
What are improvements with regard to property? - Correct answer-Artificial
attachments to land that include items such as fencing, buildings, and walkways
Both the buyer and the seller have to sign the purchase and sale agreement in order
to demonstrate that ______. - Correct answer-They understand the terms
Which of these is usually a brass marker that is used to mark a datum? - Correct
answer-Benchmark
"Beginning at a stake and stones about 30 feet from the center of the brook that
runs across the road Southwesterly from the dwelling house of the late Henry
Nelson ..." is an example of what type of legal description? - Correct answer-Metes
and bounds
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,When HUD receives a discrimination complaint from Texas, what step does it
take? - Correct answer-Forwards the complaint to the Texas Workforce
Commission Civil Rights Division
Can an applicant for a real estate license in Texas apply again if their application is
denied by the Texas Real Estate Commission? - Correct answer-Yes, the applicant
can submit an application two years after the date of the denial
Which type of value is used to calculate property taxes? - Correct answer-Assessed
value
What's required before a broker can start using an assumed business name in an
advertisement? - Correct answer-The broker must register the name with the Texas
Real Estate Commission and provide evidence of legal authority to use the
assumed business name in Texas.
Jasmine is in the market for a new property for her, her partner, and their young
child. Tanner is Jasmine's agent and has shown her several properties. Even though
several properties meet the criteria his client is seeking, Tanner has intentionally
weeded out properties close to the local college campus, because he doesn't think
the location would be suitable for a family with young children. What, if anything,
has Tanner done wrong? - Correct answer-Tanner has discriminated against
Jasmine using familial status as a reason for not showing her properties.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
, Which type of valuation is used by government tax assessment offices? - Correct
answer-Assessed value
What pre-licensing education must an applicant for an initial sales agent license in
Texas complete? - Correct answer-Six 30-hour courses of qualifying education
In Texas, the commission is responsible for preparing information outlining its
purpose and duties. It must then make this information available to whom? -
Correct answer-The public
On what type of listing (or listings) may a net listing be used in states where they
are legal? - Correct answer-Open, exclusive agency, or exclusive right-to-sell
listings
Samantha is a real estate licensee. She's showing her client a property. The client
asks about some spots on the ceiling and wonders if they're an indication of a roof
leak. What should Samantha do? - Correct answer-Suggest that her client contact a
roofing expert to make a determination.
Margaret, a consumer in a DTPA lawsuit, was able to prove that the licensee in her
suit knowingly failed to disclose information. What type of damages is Margaret
entitled to? - Correct answer-Up to three times the original damages
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
Questions and Answers Graded A+
In Texas, whose responsibility is it to supervise associated licensees and review
transactional paperwork and advertising? - Correct answer-The Broker's
In several states, married couples usually hold property as ______. - Correct
answer-Community property
What are improvements with regard to property? - Correct answer-Artificial
attachments to land that include items such as fencing, buildings, and walkways
Both the buyer and the seller have to sign the purchase and sale agreement in order
to demonstrate that ______. - Correct answer-They understand the terms
Which of these is usually a brass marker that is used to mark a datum? - Correct
answer-Benchmark
"Beginning at a stake and stones about 30 feet from the center of the brook that
runs across the road Southwesterly from the dwelling house of the late Henry
Nelson ..." is an example of what type of legal description? - Correct answer-Metes
and bounds
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,When HUD receives a discrimination complaint from Texas, what step does it
take? - Correct answer-Forwards the complaint to the Texas Workforce
Commission Civil Rights Division
Can an applicant for a real estate license in Texas apply again if their application is
denied by the Texas Real Estate Commission? - Correct answer-Yes, the applicant
can submit an application two years after the date of the denial
Which type of value is used to calculate property taxes? - Correct answer-Assessed
value
What's required before a broker can start using an assumed business name in an
advertisement? - Correct answer-The broker must register the name with the Texas
Real Estate Commission and provide evidence of legal authority to use the
assumed business name in Texas.
Jasmine is in the market for a new property for her, her partner, and their young
child. Tanner is Jasmine's agent and has shown her several properties. Even though
several properties meet the criteria his client is seeking, Tanner has intentionally
weeded out properties close to the local college campus, because he doesn't think
the location would be suitable for a family with young children. What, if anything,
has Tanner done wrong? - Correct answer-Tanner has discriminated against
Jasmine using familial status as a reason for not showing her properties.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
, Which type of valuation is used by government tax assessment offices? - Correct
answer-Assessed value
What pre-licensing education must an applicant for an initial sales agent license in
Texas complete? - Correct answer-Six 30-hour courses of qualifying education
In Texas, the commission is responsible for preparing information outlining its
purpose and duties. It must then make this information available to whom? -
Correct answer-The public
On what type of listing (or listings) may a net listing be used in states where they
are legal? - Correct answer-Open, exclusive agency, or exclusive right-to-sell
listings
Samantha is a real estate licensee. She's showing her client a property. The client
asks about some spots on the ceiling and wonders if they're an indication of a roof
leak. What should Samantha do? - Correct answer-Suggest that her client contact a
roofing expert to make a determination.
Margaret, a consumer in a DTPA lawsuit, was able to prove that the licensee in her
suit knowingly failed to disclose information. What type of damages is Margaret
entitled to? - Correct answer-Up to three times the original damages
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
