Texas Real Estate (State Portion) Special Topics exam
with comprehensive questions and well elaborated
correct answers graded A+
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,Community Property - correct ans:property acquired by husband and wife after marriage UNLESS gifted,
willed, or inherited; Intestate: @ death 1/2 passes to survivor and 1/2 to statutes of decent and
distribution; testate: @ death to survivor
A broker can communicate to clients the availability of a trust to pay damages to aggrieved persons in
which of the following ways?
1. By informing them verbally at first substantive contact
2. By directing them to the web site of the Texas Real Estate Commission
3. Through writing via a receipt for professional services, a sign posted in the licensee's place of
business, or on a brochure distributed by the licensee
4. In writing when a client makes a formal grievance complaint to the broker - correct ans:3. Through
writing via a receipt for professional services, a sign posted in the licensee's place of business, or on a
brochure distributed by the licensee
What is the TREC one to four family residential contract used for:
The TREC ONE TO FOUR FAMILY RESIDENTIAL CONTRACT (RESALE). , and the contract encourages
mediation for dispute resolution. If lender required repairs exceed 5% of the price (not 10%), the buyer
may terminate the contract. - correct ans:Used for the resale of residential properties that are either a
single family home, a duplex, a tri-plex or a four-plex.
Tammy Doherty, a licensee found to be in violation of the Act, has been ordered to pay an
administrative penalty of $1,000. Tammy has 30 days to:
1. Deliver her license certificate to the Commission office
2. Pay the penalty, stay the penalty, or contest the decision
3. Engage legal counsel to file a writ with the Commission contesting the violation, the penalty, or both
4. Appear before the Commission to plead her case - correct ans:2. Pay the penalty, stay the penalty, or
contest the decision
What is the difference between a broker in an intermediary position and an appointed associate under
intermediary?
, 1. The appointed associate can give advice and opinions to one party in the transaction, but the broker
cannot give advice and opinions to any party
2. The appointed associate can give advice and opinions to both parties, but the broker cannot give
advice and opinions to either party
3. There is no difference
4. The appointed associate can give advice and opinions to one party, but the broker can give advice and
opinions to both parties - correct ans:1. The appointed associate can give advice and opinions to one
party in the transaction, but the broker cannot give advice and opinions to any party
Deeds of conveyance should be recorded within what period of time after closing?
1. Within 3 days
2. Within a reasonable time
3. Within 48 hours
4. Within 1 week - correct ans:2. Within a reasonable time
Which of the following situations could be considered illegal in Texas and put a licensee's license to
practice real estate in jeopardy of suspension or revocation?
1. Lucy signs a listing agreement that fails to include a broker protection clause.
2. Andrew signs a listing agreement that specifies a duration period of three months from date of signing
as the valid period of the listing. 3. Anna signs a listing agreement that allows the listing to continue
indefinitely.
4. Jerry signs a listing agreement that specifies a commission of 20% on the sale of a property. - correct
ans:3. Anna signs a listing agreement that allows the listing to continue indefinitely.
If the Real Estate Inspection Recovery Fund falls below $300,000 on Dec. 31 of any year, How much may
each licensee be charged to restore fund balance to its minimum? - correct ans:$75
Prior to issuance of an inspector's license, a newly approved inspector must remit what amount to the
Real Estate Inspection Recovery Fund?
with comprehensive questions and well elaborated
correct answers graded A+
Professional Academic Assistance Services
Services Offered
Proctored Exam Assistance
Online Class Management (Full Course Support)
Exam Preparation & Study Materials
Assignments and Coursework Support
Essays and Research Papers
Discussion Posts and Replies
Contact Information
Email:
WhatsApp: 0705994759
,Community Property - correct ans:property acquired by husband and wife after marriage UNLESS gifted,
willed, or inherited; Intestate: @ death 1/2 passes to survivor and 1/2 to statutes of decent and
distribution; testate: @ death to survivor
A broker can communicate to clients the availability of a trust to pay damages to aggrieved persons in
which of the following ways?
1. By informing them verbally at first substantive contact
2. By directing them to the web site of the Texas Real Estate Commission
3. Through writing via a receipt for professional services, a sign posted in the licensee's place of
business, or on a brochure distributed by the licensee
4. In writing when a client makes a formal grievance complaint to the broker - correct ans:3. Through
writing via a receipt for professional services, a sign posted in the licensee's place of business, or on a
brochure distributed by the licensee
What is the TREC one to four family residential contract used for:
The TREC ONE TO FOUR FAMILY RESIDENTIAL CONTRACT (RESALE). , and the contract encourages
mediation for dispute resolution. If lender required repairs exceed 5% of the price (not 10%), the buyer
may terminate the contract. - correct ans:Used for the resale of residential properties that are either a
single family home, a duplex, a tri-plex or a four-plex.
Tammy Doherty, a licensee found to be in violation of the Act, has been ordered to pay an
administrative penalty of $1,000. Tammy has 30 days to:
1. Deliver her license certificate to the Commission office
2. Pay the penalty, stay the penalty, or contest the decision
3. Engage legal counsel to file a writ with the Commission contesting the violation, the penalty, or both
4. Appear before the Commission to plead her case - correct ans:2. Pay the penalty, stay the penalty, or
contest the decision
What is the difference between a broker in an intermediary position and an appointed associate under
intermediary?
, 1. The appointed associate can give advice and opinions to one party in the transaction, but the broker
cannot give advice and opinions to any party
2. The appointed associate can give advice and opinions to both parties, but the broker cannot give
advice and opinions to either party
3. There is no difference
4. The appointed associate can give advice and opinions to one party, but the broker can give advice and
opinions to both parties - correct ans:1. The appointed associate can give advice and opinions to one
party in the transaction, but the broker cannot give advice and opinions to any party
Deeds of conveyance should be recorded within what period of time after closing?
1. Within 3 days
2. Within a reasonable time
3. Within 48 hours
4. Within 1 week - correct ans:2. Within a reasonable time
Which of the following situations could be considered illegal in Texas and put a licensee's license to
practice real estate in jeopardy of suspension or revocation?
1. Lucy signs a listing agreement that fails to include a broker protection clause.
2. Andrew signs a listing agreement that specifies a duration period of three months from date of signing
as the valid period of the listing. 3. Anna signs a listing agreement that allows the listing to continue
indefinitely.
4. Jerry signs a listing agreement that specifies a commission of 20% on the sale of a property. - correct
ans:3. Anna signs a listing agreement that allows the listing to continue indefinitely.
If the Real Estate Inspection Recovery Fund falls below $300,000 on Dec. 31 of any year, How much may
each licensee be charged to restore fund balance to its minimum? - correct ans:$75
Prior to issuance of an inspector's license, a newly approved inspector must remit what amount to the
Real Estate Inspection Recovery Fund?
