age 1 of 53
TEXAS STATE PORTION FINAL EXAM PREP 2025/2026
ACCURATE QUESTIONS WITH CORRECT DETAILED
ANSWERS || 100% GUARANTEED PASS <RECENT
VERSION>
Who is responsible for any wrongs done by a salesperson while
acting within the scope of the agency agreement?
.......Answer.........The broker is liable for the wrongdoing of his or
her salespersons. The principal is liable for any wrongs
committed by the broker while acting within the scope of the
agency agreement.
what is the distinction between sales contracts and option
contracts? .......Answer.........One characteristic of sales contracts is
mutual obligation. Option contracts lack mutual obligation. The
buyer in an option contract is not obligated to buy.
,age 2 of 53
A listing agreement must contain: .......Answer.........a standard
street address is sufficient.
If the commission investigates a complaint and determines that
an individual's real estate license should be suspended or
revoked, the licensee is entitled to a hearing before the
commission within how many days after the commission reaches
its decision? .......Answer.........A licensee who faces suspension or
revocation of their license is entitled to a hearing within 30 days
of the commission reaching their decision.
Which of the licensed entities does not fall under the regulatory
authority of the Texas Real Estate Commission?
.......Answer.........The Texas Appraiser Licensing and Certification
Board has jurisdiction over state licensed and certified
appraisers. In addition to licensing brokers and salespersons, the
Texas Real Estate Commission is responsible for licensing real
,age 3 of 53
estate inspectors and for regulation of companies that sell and
issue residential service contracts ("home warranties"). (Article
65736, Vernon's Texas Civil Statutes.
A licensee in Texas may not practice law, unless licensed and
authorized to do so in Texas. Practicing law includes altering
contracts, or drawing up: .......Answer.........a deed, deed of trust,
will, or other written instrument that may transfer or affect the
title to land.
What penalties may a licensee who breaches the agency
relationship face? .......Answer.........A licensee who breaches the
agency relationship may be sued for damages, termination of
the contract, and/or non-payment of the commission.
Undisclosed dual agency is: .......Answer.........a violation of the
TRELA.
, age 4 of 53
What is the composition of the Broker-Lawyer Committee?
.......Answer.........Six broker members are appointed by the
Texas Real Estate Commission; six attorney members are
appointed by the President of the State Bar of Texas. The
appointees serve a term of six years with one-third of them
being appointed every two years.
A licensee must disclose any existing agency relationships to a
new client. This disclosure: .......Answer.........may be done orally
or in writing.
A broker may do which of the following for an individual without
actually representing the individual? .......Answer.........A broker
may obtain financing, assist in locating a property, and prepare
a contract or lease for an individual without representing the
individual.
TEXAS STATE PORTION FINAL EXAM PREP 2025/2026
ACCURATE QUESTIONS WITH CORRECT DETAILED
ANSWERS || 100% GUARANTEED PASS <RECENT
VERSION>
Who is responsible for any wrongs done by a salesperson while
acting within the scope of the agency agreement?
.......Answer.........The broker is liable for the wrongdoing of his or
her salespersons. The principal is liable for any wrongs
committed by the broker while acting within the scope of the
agency agreement.
what is the distinction between sales contracts and option
contracts? .......Answer.........One characteristic of sales contracts is
mutual obligation. Option contracts lack mutual obligation. The
buyer in an option contract is not obligated to buy.
,age 2 of 53
A listing agreement must contain: .......Answer.........a standard
street address is sufficient.
If the commission investigates a complaint and determines that
an individual's real estate license should be suspended or
revoked, the licensee is entitled to a hearing before the
commission within how many days after the commission reaches
its decision? .......Answer.........A licensee who faces suspension or
revocation of their license is entitled to a hearing within 30 days
of the commission reaching their decision.
Which of the licensed entities does not fall under the regulatory
authority of the Texas Real Estate Commission?
.......Answer.........The Texas Appraiser Licensing and Certification
Board has jurisdiction over state licensed and certified
appraisers. In addition to licensing brokers and salespersons, the
Texas Real Estate Commission is responsible for licensing real
,age 3 of 53
estate inspectors and for regulation of companies that sell and
issue residential service contracts ("home warranties"). (Article
65736, Vernon's Texas Civil Statutes.
A licensee in Texas may not practice law, unless licensed and
authorized to do so in Texas. Practicing law includes altering
contracts, or drawing up: .......Answer.........a deed, deed of trust,
will, or other written instrument that may transfer or affect the
title to land.
What penalties may a licensee who breaches the agency
relationship face? .......Answer.........A licensee who breaches the
agency relationship may be sued for damages, termination of
the contract, and/or non-payment of the commission.
Undisclosed dual agency is: .......Answer.........a violation of the
TRELA.
, age 4 of 53
What is the composition of the Broker-Lawyer Committee?
.......Answer.........Six broker members are appointed by the
Texas Real Estate Commission; six attorney members are
appointed by the President of the State Bar of Texas. The
appointees serve a term of six years with one-third of them
being appointed every two years.
A licensee must disclose any existing agency relationships to a
new client. This disclosure: .......Answer.........may be done orally
or in writing.
A broker may do which of the following for an individual without
actually representing the individual? .......Answer.........A broker
may obtain financing, assist in locating a property, and prepare
a contract or lease for an individual without representing the
individual.
