Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

Texas State Portion Real Estate Updated most Frequent Tested Exam 2026 WITH Recent Newest Verified And Well Analyzed Exam Questions (Actual Exam ) Correct Detailed & Verified ANSWERS (100% Accurate Solutions) ALREADY GRADED A+||NEWEST VE

Rating
-
Sold
-
Pages
22
Grade
A+
Uploaded on
06-05-2026
Written in
2025/2026

Texas State Portion Real Estate Updated most Frequent Tested Exam 2026 WITH Recent Newest Verified And Well Analyzed Exam Questions (Actual Exam ) Correct Detailed & Verified ANSWERS (100% Accurate Solutions) ALREADY GRADED A+||NEWEST VERSION Of The Exam Guarantee Pass!! Texas State Portion Real Estate Updated most Frequent Tested Exam 2026 WITH Recent Newest Verified And Well Analyzed Exam Questions (Actual Exam ) Correct Detailed & Verified ANSWERS (100% Accurate Solutions) ALREADY GRADED A+||NEWEST VERSION Of The Exam Guarantee Pass!! Texas State Portion Real Estate Updated most Frequent Tested Exam 2026 WITH Recent Newest Verified And Well Analyzed Exam Questions (Actual Exam ) Correct Detailed & Verified ANSWERS (100% Accurate Solutions) ALREADY GRADED A+||NEWEST VERSION Of The Exam Guarantee Pass!!

Show more Read less
Institution
Texas State Portion Real Estate Updated
Course
Texas State Portion Real Estate Updated

Content preview

Texas State Portion Real Estate Updated most Frequent
Tested Exam 2026 WITH Recent Newest Verified And Well
Analyzed Exam Questions (Actual Exam 2026-2027) Correct
Detailed & Verified ANSWERS (100% Accurate Solutions)
ALREADY GRADED A+||NEWEST VERSION Of The Exam
Guarantee Pass!!

Who is responsible for any wrongs done by a salesperson while acting within the scope
of the agency agreement? -ANSWERS-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? -ANSWERS-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: -ANSWERS-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? -ANSWERS-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? -ANSWERS-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: -ANSWERS-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? -
ANSWERS-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: -ANSWERS-a violation of the TRELA.


What is the composition of the Broker-Lawyer Committee? -ANSWERS-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: -ANSWERS-may be done orally or in writing.


A broker may do which of the following for an individual without actually representing
the individual? -ANSWERS-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: -ANSWERS-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 -ANSWERS-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? -ANSWERS-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? -
ANSWERS-The Texas Real Estate Commission


A community property with rights of survivorship agreement must: -ANSWERS-doesn't
need to go through probate, must be signed by both spouses, must include the property
description, be in writing, contain wording that makes evident the intent of survivorship,
and be recorded in the county courthouse.


Generally, the most important responsibility of an agent is to: -ANSWERS-represent the
financial interests of the client.


Broker Bea recently entered into a listing contract with Seller Sally. Broker Bea just
learned that Sally is actually 17 years old and not married. The listing contract is: -
ANSWERS-voidable at the option of the minor.


Which of the following people would need to obtain a real estate license if they were
involved in a real estate activity?
A. the executor of an estate
B. a court-appointed guardian
C. a trustee of the bankruptcy court
D. one who sells lots in a mobile home park -ANSWERS-D. The sale of land/lots is an
act of brokerage and requires that one have a license if he or she is not the owner of the
lot. The other three answers are listed as people who do not need a license in Section 3
of the Texas Real Estate License Act.


An agency relationship may be terminated by -ANSWERS-expiration of time,
agreement, rescission, abandonment, or by the death of either party.

Written for

Institution
Texas State Portion Real Estate Updated
Course
Texas State Portion Real Estate Updated

Document information

Uploaded on
May 6, 2026
Number of pages
22
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

$20.49
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller
Seller avatar
GOLDENeditor
1.7
(3)

Get to know the seller

Seller avatar
GOLDENeditor Teach me to
Follow You need to be logged in order to follow users or courses
Sold
9
Member since
4 months
Number of followers
2
Documents
1300
Last sold
1 month ago
GradeBoost Tutoring:Expert Accounting,Nursing& medicine Resources

Welcome to Grade Boost Academic Shop your trusted destination for premium homework helping and expert tutoring services. I built Great Boost Tutor Shop for ambitious students across the USA who want more than average results. I provide high-quality,exam-aligned study resources designed to simplify complex topics,strengthen understanding,and improve perfomance fast. My materials are structured around real U.S. academic standards and testing ng you prepare confidently for quizzes,midterm,finals,and standardized exams.Every exam available here is verified by experts so trust me in providing examinable materials.

Read more Read less
1.7

3 reviews

5
0
4
0
3
1
2
0
1
2

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions