CHAMPIONS SCHOOL OF REAL ESTATE
COMPREHENSIVE EXAM SCRIPT 2026 FULL
SOLUTION TESTED QUESTIONS
◉ Manufactured home dealers and sales people in Texas are licensed
by:
A.) TREC
B.) The TDHCA
C.) The TALCB
D.) TRELA. Answer: B.) The TDHCA
◉ Which of the following are considered personal property and may
be harvested by the owner of the crop?
A.) Trade Fixtures
B.) Fixtures
C.) Severances
D.) Emblements. Answer: D.) Emblements
◉ Lenders require _____ naming the lender as a ______ to protect their
interest in the property.
A.) Insurance coverage, loss payee
B.) Coinsurance, trustor
,C.) A Lien, Creditor
D.) Wind Insurance, Guarantor. Answer: A.) Insurance coverage, loss
payee
◉ By failing to maintain sufficient ______, the reduction of the payout
of a claim may be reduced due to the coinsurance clause.
A.) fee simple ownership
B.) Capital gains tax
C.) Insurance coverage
D.) Personal liability. Answer: B.) Capital Gains Tax
◉ Most standard homeowners insurance policies do not generally
cover damage from ______
A.) Hailstorms
B.) Flooding
C.) Fire
D.) Theft. Answer: B. Flooding
◉ Most windstorm insurance in Texas is unwritten by________.
A.) TWIA
B.) TDHCA
C.) TREC
, D.) HUD. Answer: A.) TWIA
◉ The NFIP offers _____ to homeowners, renters and business
owners whose property is situated in a community that ordinances
that meet or exceed FEMA requirements
A.) Fire and Smoke insurance
B.) Theft or vandalism insurance
C.) Flood insurance
D.) Electrical damage insurance. Answer: C.) Flood insurance
◉ The _____ used by the insurance industry is the CLUE
A.) Claims history database
B.) Contents coverage database
C.) MLS state-wide rating system
D.) MLS. Answer: A.) Claims history database
◉ By failing to maintain sufficient ______, the reduction of the payout
of a claim may be reduced due to the coinsurance clause
A.) fee simple ownership
B.) Capital gains tax
C.) Insurance coverage
D.) Personal liability. Answer: C.) Insurance Coverage
COMPREHENSIVE EXAM SCRIPT 2026 FULL
SOLUTION TESTED QUESTIONS
◉ Manufactured home dealers and sales people in Texas are licensed
by:
A.) TREC
B.) The TDHCA
C.) The TALCB
D.) TRELA. Answer: B.) The TDHCA
◉ Which of the following are considered personal property and may
be harvested by the owner of the crop?
A.) Trade Fixtures
B.) Fixtures
C.) Severances
D.) Emblements. Answer: D.) Emblements
◉ Lenders require _____ naming the lender as a ______ to protect their
interest in the property.
A.) Insurance coverage, loss payee
B.) Coinsurance, trustor
,C.) A Lien, Creditor
D.) Wind Insurance, Guarantor. Answer: A.) Insurance coverage, loss
payee
◉ By failing to maintain sufficient ______, the reduction of the payout
of a claim may be reduced due to the coinsurance clause.
A.) fee simple ownership
B.) Capital gains tax
C.) Insurance coverage
D.) Personal liability. Answer: B.) Capital Gains Tax
◉ Most standard homeowners insurance policies do not generally
cover damage from ______
A.) Hailstorms
B.) Flooding
C.) Fire
D.) Theft. Answer: B. Flooding
◉ Most windstorm insurance in Texas is unwritten by________.
A.) TWIA
B.) TDHCA
C.) TREC
, D.) HUD. Answer: A.) TWIA
◉ The NFIP offers _____ to homeowners, renters and business
owners whose property is situated in a community that ordinances
that meet or exceed FEMA requirements
A.) Fire and Smoke insurance
B.) Theft or vandalism insurance
C.) Flood insurance
D.) Electrical damage insurance. Answer: C.) Flood insurance
◉ The _____ used by the insurance industry is the CLUE
A.) Claims history database
B.) Contents coverage database
C.) MLS state-wide rating system
D.) MLS. Answer: A.) Claims history database
◉ By failing to maintain sufficient ______, the reduction of the payout
of a claim may be reduced due to the coinsurance clause
A.) fee simple ownership
B.) Capital gains tax
C.) Insurance coverage
D.) Personal liability. Answer: C.) Insurance Coverage
