PRINCIPLES OF REAL ESTATE 2
COMPREHENSIVE EXAM 2026 QUESTIONS
WITH ANSWERS GRADED A+
● A deed is used to transfer ownership of real estate. A bill of sale would
be used to transfer ownership of Answer: personal property
● the life tenant in a life estate is not allowed to Answer: commit waste
by destroying or harming the property
● the life tenant is allowed to Answer: pay the property tax on the
property, lease the property and keep the rent, improve the property
● the education standards advisory committee is made up of Answer: 12
members
● the broker lawyer committee has Answer: 13 members
● TREC has Answer: nine members
● the government receives the authority to take the property of one who
dies without hairs without a will by virtue of Answer: escheat
,● which of the following land description methods identifies a parcel of
land by specifying its shape and boundaries Answer: metes and bounds
● when someone owns property to the exclusion of all other persons that
person is said to own property Answer: severalty
● one who is giving a power of attorney that allows them to sign the
name of a principal to a contract of sale is Answer: attorney in fact
● TRELA does not apply to Answer: an attorney licensed in this state
and on-site manager of an apartment complex a public official while
engaged in official duties
● the most widely recognized aspect of joint tenancy is the Answer:
right of survivorship
● an applicant who fails an examination Answer: May apply for re-
examination by filing a request a accompanied by the required fee
● Jane lives at 1226 main Street Small Town Texas this would be used
as a legal description for her Answer: none of the above. A street
address is an informal reference and is never used as a legal description
,● the least thing agreement that most brokers prefer is Answer: the
exclusive right to sell listing
● the greatest estate or ownership in real property is Answer: fee simple
estate
● a person might not sell lease or transfer an easement or right away use
for utility railroad or pipeline service for another for compensation
unless the person Answer: either holds a real estate license issued by
TREC or holds or certificate of registration issued by TREC
● a square mile section contains ___________ acres and each acre
contains _________ square feet Answer: 640 ; 43,560
● price fixing, boycotting, and allocation of customers or markets are
violations of Answer: the Sherman antitrust act
● the Sherman antitrust act of 1890 does not allow Answer: price fixing
by real estate companies, boycotting other real estate companies, and
allocating customers or markets
● _____________ means a broker who is employed to negotiate a
transaction between the parties to a transaction and for that purpose may
act as an agent of the parties. Answer: an intermediary
, ● DTPA deceptive trade practices act holds licenses liable if they
Answer: commit and unconscionable act, misrepresent a material fact,
fail to disclose information with the intention of inducing a consumer
into a transaction
● all listing agreements are required to Answer: have an expiration date,
and expire if the property has not been sold by the expiration date
● a contract in which all parties make promises and are bound to act is
Answer: bilateral
● discrimination in housing on the basis of race is prohibited by
Answer: Civil Rights Act of 1866
● examples of _________ are zoning laws building codes rent controls
and fire codes Answer: police power
● the handicapped amendment to fair housing defines handicapped as
Answer: Having a physical or mental impairment that limits major life
activities AND having a record of having such an impairment
● a real estate broker or salesperson while acting as an agent for another
is Answer: a fiduciary
COMPREHENSIVE EXAM 2026 QUESTIONS
WITH ANSWERS GRADED A+
● A deed is used to transfer ownership of real estate. A bill of sale would
be used to transfer ownership of Answer: personal property
● the life tenant in a life estate is not allowed to Answer: commit waste
by destroying or harming the property
● the life tenant is allowed to Answer: pay the property tax on the
property, lease the property and keep the rent, improve the property
● the education standards advisory committee is made up of Answer: 12
members
● the broker lawyer committee has Answer: 13 members
● TREC has Answer: nine members
● the government receives the authority to take the property of one who
dies without hairs without a will by virtue of Answer: escheat
,● which of the following land description methods identifies a parcel of
land by specifying its shape and boundaries Answer: metes and bounds
● when someone owns property to the exclusion of all other persons that
person is said to own property Answer: severalty
● one who is giving a power of attorney that allows them to sign the
name of a principal to a contract of sale is Answer: attorney in fact
● TRELA does not apply to Answer: an attorney licensed in this state
and on-site manager of an apartment complex a public official while
engaged in official duties
● the most widely recognized aspect of joint tenancy is the Answer:
right of survivorship
● an applicant who fails an examination Answer: May apply for re-
examination by filing a request a accompanied by the required fee
● Jane lives at 1226 main Street Small Town Texas this would be used
as a legal description for her Answer: none of the above. A street
address is an informal reference and is never used as a legal description
,● the least thing agreement that most brokers prefer is Answer: the
exclusive right to sell listing
● the greatest estate or ownership in real property is Answer: fee simple
estate
● a person might not sell lease or transfer an easement or right away use
for utility railroad or pipeline service for another for compensation
unless the person Answer: either holds a real estate license issued by
TREC or holds or certificate of registration issued by TREC
● a square mile section contains ___________ acres and each acre
contains _________ square feet Answer: 640 ; 43,560
● price fixing, boycotting, and allocation of customers or markets are
violations of Answer: the Sherman antitrust act
● the Sherman antitrust act of 1890 does not allow Answer: price fixing
by real estate companies, boycotting other real estate companies, and
allocating customers or markets
● _____________ means a broker who is employed to negotiate a
transaction between the parties to a transaction and for that purpose may
act as an agent of the parties. Answer: an intermediary
, ● DTPA deceptive trade practices act holds licenses liable if they
Answer: commit and unconscionable act, misrepresent a material fact,
fail to disclose information with the intention of inducing a consumer
into a transaction
● all listing agreements are required to Answer: have an expiration date,
and expire if the property has not been sold by the expiration date
● a contract in which all parties make promises and are bound to act is
Answer: bilateral
● discrimination in housing on the basis of race is prohibited by
Answer: Civil Rights Act of 1866
● examples of _________ are zoning laws building codes rent controls
and fire codes Answer: police power
● the handicapped amendment to fair housing defines handicapped as
Answer: Having a physical or mental impairment that limits major life
activities AND having a record of having such an impairment
● a real estate broker or salesperson while acting as an agent for another
is Answer: a fiduciary
