CHAMPIONS SCHOOL OF REAL ESTATE
ACTUAL EXAM PAPER 2026 COMPLETE
QUESTIONS AND ANSWERS GRADED A+
◉ The supply of Real Estate is affected by
A.) Land cost
B.) Building codes
C.) Government regulations
D.) All of these. Answer: D.) All of these
◉ The least important factor affecting demand for real estate is:
A.) Population Growth
B.) Personal Preference
C.) Availability of Credit
D.) Transportation Systems. Answer: B.) Personal Preference
◉ A lawsuit was tried on a real estate matter. The judge ruled in the
case, citing the decision of a judge in a similar case that was tried ten
years ago. The judges decision in the case was most likely based
upon:
A.) Statutory Law
B.) Civil Law
,C.) Common Law
D.) Local ordinance. Answer: C.) Common Law
◉ A license holder was tried in a state district court on a complaint
arising from a real estate transaction. The court ruled that, among
other transgressions, the defendant had violated the Texas Real
Estate License Act. This decision of the judge was based upon:
A.) Statutory law
B.) Civil Law
C.) Common Law
D.) Local Ordinance. Answer: A.) Statutory Law
◉ RMLOs in Texas are licensed through:
A.) Texas Real Estate Commission
B.) National Mortgage Bankers Association
C.) Texas Department of Savings and Mortgage Lending
D.) Texas savings and loan board. Answer: C.) Texas Department of
Savings and Mortgage Lending
◉ A Freeway has made commuting to a distant suburban
neighborhood easier, resulting in an increase in new home sales.
This increase in sales is an example of the economic characteristics
of:
A.) Scarcity
, B.) Fixity
C.) Situs
D.) Modification. Answer: D.) Modification
◉ Air Rights are commonly leased or conveyed in:
A.) Cell tower leases
B.) Condominiums
C.) Outdoor Advertising
D.) All of these are correct. Answer: D) all of these
◉ Building, roads and fences are all examples of:
A.) Personal Property
B.) Private Property
C.) Improvements
D.) Public Property. Answer: C.) Improvements
◉ If a tenant fails to remove trade fixtures from the leased premises,
the fixtures become the property of the landlord through:
A.) Remediation
B.) Adverse Possession
C.) Accession
D.) Descent. Answer: C.) Accession
ACTUAL EXAM PAPER 2026 COMPLETE
QUESTIONS AND ANSWERS GRADED A+
◉ The supply of Real Estate is affected by
A.) Land cost
B.) Building codes
C.) Government regulations
D.) All of these. Answer: D.) All of these
◉ The least important factor affecting demand for real estate is:
A.) Population Growth
B.) Personal Preference
C.) Availability of Credit
D.) Transportation Systems. Answer: B.) Personal Preference
◉ A lawsuit was tried on a real estate matter. The judge ruled in the
case, citing the decision of a judge in a similar case that was tried ten
years ago. The judges decision in the case was most likely based
upon:
A.) Statutory Law
B.) Civil Law
,C.) Common Law
D.) Local ordinance. Answer: C.) Common Law
◉ A license holder was tried in a state district court on a complaint
arising from a real estate transaction. The court ruled that, among
other transgressions, the defendant had violated the Texas Real
Estate License Act. This decision of the judge was based upon:
A.) Statutory law
B.) Civil Law
C.) Common Law
D.) Local Ordinance. Answer: A.) Statutory Law
◉ RMLOs in Texas are licensed through:
A.) Texas Real Estate Commission
B.) National Mortgage Bankers Association
C.) Texas Department of Savings and Mortgage Lending
D.) Texas savings and loan board. Answer: C.) Texas Department of
Savings and Mortgage Lending
◉ A Freeway has made commuting to a distant suburban
neighborhood easier, resulting in an increase in new home sales.
This increase in sales is an example of the economic characteristics
of:
A.) Scarcity
, B.) Fixity
C.) Situs
D.) Modification. Answer: D.) Modification
◉ Air Rights are commonly leased or conveyed in:
A.) Cell tower leases
B.) Condominiums
C.) Outdoor Advertising
D.) All of these are correct. Answer: D) all of these
◉ Building, roads and fences are all examples of:
A.) Personal Property
B.) Private Property
C.) Improvements
D.) Public Property. Answer: C.) Improvements
◉ If a tenant fails to remove trade fixtures from the leased premises,
the fixtures become the property of the landlord through:
A.) Remediation
B.) Adverse Possession
C.) Accession
D.) Descent. Answer: C.) Accession
