TEXES STATE PORTION REAL ESTATE EXAM BANK |
COMPLETE 2025 ACCURATE TESTING ACTUAL
EXAM QUESTIONS WITH DETAILED ANSWERS |
ALREADY GRADED A+ | GUARANTEED PASS
Who is responsible for any wrongs done by a salesperson while acting within the
scope of the agency agreement? - ✔✔✔ Correct 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? - ✔✔✔
Correct 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.
A listing agreement must contain: - ✔✔✔ Correct 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? - ✔✔✔ Correct 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? - ✔✔✔ Correct 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 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: - ✔✔✔ Correct
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? -
✔✔✔ Correct 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: - ✔✔✔ Correct Answer > a violation of the TRELA.
What is the composition of the Broker-Lawyer Committee? - ✔✔✔ Correct
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: - ✔✔✔ Correct Answer > may be done orally or in writing.
, A broker may do which of the following for an individual without actually
representing the individual? - ✔✔✔ Correct Answer > A broker may obtain
financing, assist in locating a property, and prepare a contract or lease for an
individual without representing the individual.
A real estate licensee must notify the real estate program manager if: - ✔✔✔
Correct Answer > A licensee must notify the real estate program manager within
20 days of receiving any criminal complaint, information, indictment, or
conviction in which the licensee is named as a defendant; or entry of a civil
court order, verdict, or judgment, against the licensee in any court of competent
jurisdiction in which the subject matter therein involves any real estate or
business-related activity by the licensee.
Pamela, who lives in a suburb in which many homes are rented, decides to open a
rental agency in order to assist her friends in finding suitable renters. Pamela's
conduct is - ✔✔✔ Correct Answer > unacceptable because it involves an activity
for which a real estate license is required.
The sole broker of a brokerage firm has his or her real estate license suspended
for two years. What would happen to the licenses of the salespersons affiliated
with this broker? - ✔✔✔ Correct Answer > If the broker's license is suspended or
revoked, the salespersons' licenses are made inactive and must be returned to
the commission. A salesperson's license may be made active when the
salesperson is sponsored by a new broker.
Which agency is responsible for the contract forms used by Texas licensees? -
✔✔✔ Correct Answer > The Texas Real Estate Commission
A community property with rights of survivorship agreement must: - ✔✔✔
Correct Answer > doesn't need to go through probate, must be signed by both
COMPLETE 2025 ACCURATE TESTING ACTUAL
EXAM QUESTIONS WITH DETAILED ANSWERS |
ALREADY GRADED A+ | GUARANTEED PASS
Who is responsible for any wrongs done by a salesperson while acting within the
scope of the agency agreement? - ✔✔✔ Correct 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? - ✔✔✔
Correct 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.
A listing agreement must contain: - ✔✔✔ Correct 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? - ✔✔✔ Correct 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? - ✔✔✔ Correct 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 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: - ✔✔✔ Correct
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? -
✔✔✔ Correct 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: - ✔✔✔ Correct Answer > a violation of the TRELA.
What is the composition of the Broker-Lawyer Committee? - ✔✔✔ Correct
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: - ✔✔✔ Correct Answer > may be done orally or in writing.
, A broker may do which of the following for an individual without actually
representing the individual? - ✔✔✔ Correct Answer > A broker may obtain
financing, assist in locating a property, and prepare a contract or lease for an
individual without representing the individual.
A real estate licensee must notify the real estate program manager if: - ✔✔✔
Correct Answer > A licensee must notify the real estate program manager within
20 days of receiving any criminal complaint, information, indictment, or
conviction in which the licensee is named as a defendant; or entry of a civil
court order, verdict, or judgment, against the licensee in any court of competent
jurisdiction in which the subject matter therein involves any real estate or
business-related activity by the licensee.
Pamela, who lives in a suburb in which many homes are rented, decides to open a
rental agency in order to assist her friends in finding suitable renters. Pamela's
conduct is - ✔✔✔ Correct Answer > unacceptable because it involves an activity
for which a real estate license is required.
The sole broker of a brokerage firm has his or her real estate license suspended
for two years. What would happen to the licenses of the salespersons affiliated
with this broker? - ✔✔✔ Correct Answer > If the broker's license is suspended or
revoked, the salespersons' licenses are made inactive and must be returned to
the commission. A salesperson's license may be made active when the
salesperson is sponsored by a new broker.
Which agency is responsible for the contract forms used by Texas licensees? -
✔✔✔ Correct Answer > The Texas Real Estate Commission
A community property with rights of survivorship agreement must: - ✔✔✔
Correct Answer > doesn't need to go through probate, must be signed by both
