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TREC State Exam Practice Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

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TREC State Exam Practice Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What does “TREC” stand for? A) Texas Real Estate Council B) Texas Realtor Education Center C) Texas Real Estate Commission D) Texas Residential Exchange Committee Which entity regulates licensing requirements for real estate sales agents in Texas? A) Texas Bar Association B) TREC C) Texas Housing Board D) Texas Board of Appraisers How many members serve on the Texas Real Estate...

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Real Estate Practice Exam Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

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Real Estate Practice Exam Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What type of property includes land and anything permanently attached to it? Real property What is the process of determining a property's market value for a loan or sale? Appraisal What is the legal right to use someone else’s land for a specific purpose called? Easement What type of listing allows a seller to hire multiple brokers but pay commission only to the one who sells...

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Texas Real Estate Marketing Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

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Texas Real Estate Marketing Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the primary goal of a real estate marketing plan? To attract potential buyers and sellers and generate leads. Why is identifying a target market important in real estate marketing? It helps focus marketing efforts on the most likely buyers or sellers. How can social media benefit a real estate agent? By increasing visibility, building a brand, and connecting with potential cl...

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NJ Real Estate Exam Practice Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

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NJ Real Estate Exam Practice Questions and Answers | Latest Version | 2025/2026 | Correct & Verified Which type of agency relationship allows a broker to represent both buyer and seller in New Jersey with consent? A. Single agency B. Dual agency C. Subagency D. Designated agency Dual agency What is the primary purpose of a New Jersey Broker’s license? A. To appraise property B. To represent clients in real estate transactions C. To provide legal advice D. To handle escrow fun...

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Principles of Real Estate 1 Final Exam Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

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Principles of Real Estate 1 Final Exam Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the main purpose of a real estate license? To legally allow a person to act as a real estate agent or broker in transactions. Which type of property is immovable and includes land and anything permanently attached? Real property What is the primary difference between real property and personal property? Real property is immovable; personal property is movable. W...

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Texas Real Estate Principles 1 Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

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Texas Real Estate Principles 1 Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the definition of real property in Texas? Land and anything permanently attached to it, including improvements. What is personal property in real estate? Movable items that are not permanently attached to land. What is the difference between a freehold estate and a leasehold estate? A freehold estate lasts indefinitely while a leasehold estate lasts for a specified term. ...

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Texas Real Estate Standards of Conduct Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

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Texas Real Estate Standards of Conduct Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the primary responsibility of a Texas real estate license holder toward their client? To act in the client’s best interest and provide full loyalty. Can a license holder accept compensation from both the buyer and the seller in a single transaction without disclosure? No, disclosure and written consent from both parties are required. What must a license holder...

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Texas Real Estate Finance Practice Exam Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

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Texas Real Estate Finance Practice Exam Questions and Answers | Latest Version | 2025/2026 | Correct & Verified What is the primary purpose of a mortgage in Texas? To secure a loan by using real property as collateral Who typically pays the points on a Texas mortgage loan? The borrower What is a conventional loan? A mortgage not insured or guaranteed by the government Which government program insures loans for low- to moderate-income borrowers? FHA loan What type of loan is ...

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Texas Principles of Real Estate 1: Quiz Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

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Texas Principles of Real Estate 1: Quiz Questions and Answers | Latest Version | 2025/2026 | Correct & Verified Which type of property ownership allows multiple people to own undivided interests without right of survivorship? A. Joint tenancy B. Tenancy by the entirety C. Tenancy in common D. Community property Tenancy in common What is the main purpose of the Texas Real Estate Commission (TREC)? A. Enforce federal law B. Educate buyers C. Regulate and license real estate profes...

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