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SAE Real Estate Brokerage Exam, Texas Real Estate Commission (TREC), 2026/2027 – 200+ Questions with Verified Answers

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This document covers the Texas Sales Agent Apprentice Education (SAE) Real Estate Brokerage Exam for the 2026/2027 cycle, aligned with Texas Real Estate Commission (TREC) licensing requirements. It includes 200+ questions with verified answers, focusing on brokerage operations, contract law, agency relationships, and real estate principles. The material supports exam preparation by reinforcing Texas real estate regulations, fiduciary responsibilities, property transactions, financing basics, and professional ethical standards required for licensing success.

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SAE Real Estate Brokerage Exam – Texas (2026/2027 Edition)




SAE REAL ESTATE BROKERAGE EXAM
TEXAS (2026/2027 EDITION)

Complete Actual Questions & Correct Answers
TREC Licensing Support



200+ Questions | Graded A+




Texas Real Estate Commission (TREC) Aligned
Sales Agent Apprentice Education (SAE)
30 Classroom Hours | 270 Total Qualifying Education Hours
Includes SB 1968 Updates Effective January 1, 2026



2026/2027 Academic Cycle




Page 1

, SAE Real Estate Brokerage Exam – Texas (2026/2027 Edition)

TABLE OF CONTENTS



Section 1: TREC Regulatory Authority & Broker Responsibility (Including SB 1968)

Section 2: Broker Licensing Requirements

Section 3: Legal Updates & Continuing Education Requirements (2026-2027)

Section 4: Policy & Procedures Manual

Section 5: Record Retention & Trust Accounts

Section 6: Agency Relationships & Fiduciary Duties

Section 7: Information About Brokerage Services (IABS) Form

Section 8: Advertising Rules & Compliance

Section 9: Independent Contractor vs. Employee Classification

Section 10: Antitrust Laws & Legal Compliance

Section 11: Business Planning & Market Analysis

Section 12: Financial Management

Section 13: Risk Management

Section 14: Environmental Regulations & Federal Controls

Section 15: Business Structures & Entities

Section 16: Business Growth Strategies

Section 17: Attorneys & Legal Professionals

Section 18: Emerging Technologies in Real Estate

Section 19: Real Property & Legal Definitions

Section 20: Leadership, Management & Professional Standards

Section 21: Comprehensive Case-Based Questions




Page 2

, SAE Real Estate Brokerage Exam – Texas (2026/2027 Edition)

Section 1: TREC Regulatory Authority & Broker Responsibility (Including SB 1968)
Question 1

The _____ is required to ascertain that brokers are aware of all of their responsibilities.

A) National Association of REALTORS

B) Texas Real Estate Commission

C) Texas Department of Licensing and Regulation

D) Local Board of REALTORS

Rationale: The Texas Real Estate Commission (TREC) is the regulatory body required to
ascertain that brokers are aware of all of their responsibilities. TREC administers licensing,
enforces compliance with state real estate laws, investigates complaints, and disciplines licensees.



Question 2

The Broker Responsibility MCE course provides understanding of a broker's responsibilities
under which administrative code section?

A) 22 TAC §535.2

B) 22 TAC §535.1

C) Texas Occupations Code §1101

D) Texas Property Code §5.001

Rationale: The Broker Responsibility MCE course addresses the regulatory aspects of
management, operation, and supervision of a real estate brokerage firm under 22 TAC §535.2,
providing understanding of a broker's responsibilities and obligations.



Question 3

Who must take the Broker Responsibility MCE course under the original TREC rules (before SB
1968)?

A) All licensed real estate agents regardless of role

B) A broker who sponsors salespersons, a designated broker of a business entity,
and a license holder who is a delegated supervisor for six months or more

C) Only brokers who have been sanctioned by TREC

D) Only designated brokers of large firms with more than 10 agents




Page 3

, SAE Real Estate Brokerage Exam – Texas (2026/2027 Edition)

Rationale: Under the original rules, three categories must take the Broker Responsibility MCE:
(1) a broker who sponsors salespersons, (2) a designated broker of a business entity, and (3) a
license holder who is a delegated supervisor of one or more license holders for six months or more
during the current license period.



Question 4

Effective January 1, 2026, which statement about the Broker Responsibility course is CORRECT
under SB 1968?

A) Only brokers who sponsor sales agents must complete the course

B) ALL brokers are now required to complete the 6-hour Broker Responsibility
course, regardless of whether they sponsor sales agents

C) The course requirement has been eliminated for associate brokers

D) The course has been reduced from 6 hours to 3 hours

Rationale: Effective January 1, 2026, SB 1968 expanded the Broker Responsibility course
requirement so that ALL brokers must complete the 6-hour course, regardless of whether they
sponsor sales agents or have supervisory responsibilities. This includes associate brokers who
previously may have been exempt.



Question 5

Which of the following are the five primary responsibilities of a broker owner?

A) Marketing, recruiting, training, accounting, and advertising

B) Supervisory, training/education, license maintenance, legal compliance, and
fiscal profitability

C) Listing, selling, management, appraisal, and consulting

D) Regulation, enforcement, adjudication, licensing, and education

Rationale: The five primary broker owner responsibilities are: (1) supervisory responsibility for
every license holder, (2) training/education of agents, (3) license maintenance ensuring all
licenses are current, (4) legal compliance ensuring no violation of laws, and (5) fiscal
responsibility for profitability of the company.



Question 6




Page 4

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