Texas Real Estate Principles 1 UPDATED ACTUAL QUESTIONS
AND CORRECT Answers
The Committee has _____ members appointed by the 12
Commission.
The __________ is a statute that is administered and Real Estate License Act
enforced by the Texas Real Estate Commission (TREC),
which is a state agency.
A successful career in real estate requires someone to: be a self-started.
, A peak is characterized as the __________ turning point of a upper
business cycle.
To be eligible to get a Texas real estate sales agent or All of the choices apply
broker license, a person must:
Which of the following is not a duty of TREC? Creates state laws, statues, and rules
What are changes in business and economic activity Short-term fluctuations.
that occur within the year?
The majority of new licensees begin their careers with a residential brokerage
______ to help homeowners sell and homebuyers
purchase homes.
Which of the following statements is true regarding All of the choices apply.
NAR and TAR?
Any person who wants to engage in the real estate Texas Real Estate Commission.
business and act as a real estate broker or real estate
sales agent within the state of Texas must obtain a
license from the:
The Education Standards Advisory Committee is All of the choices apply.
responsible for reviewing and revising:
A(n) __________ is a rule issued by an administrative agency regulation
to enforce or amplify a statute.
A __________ is a voluntary nonprofit organization of trade association
independent and competing business units engaged in
the same industry or trade, formed to help solve
industry problems, promote progress, and enhance
service.
Which of the following is true regarding the employee All of the choices apply.
tax status for real estate sales agents or broker-sales
agents?
Which of the following gives buyers the best Trough
opportunity to purchase real estate?
In addition to the legal and ethical requirements, to be both complete the required courses of study and pass the state licensing
eligible to get a Texas real estate sales agent or broker examination.
license, the applicant must:
Real estate agents who do not comply with the duties All of the choices apply.
and obligations required by law may be subject to:
Any form of online presence that allows end users to Social Media
engage in multi-directional conversations in or around
the content on the website is referred to as:
AND CORRECT Answers
The Committee has _____ members appointed by the 12
Commission.
The __________ is a statute that is administered and Real Estate License Act
enforced by the Texas Real Estate Commission (TREC),
which is a state agency.
A successful career in real estate requires someone to: be a self-started.
, A peak is characterized as the __________ turning point of a upper
business cycle.
To be eligible to get a Texas real estate sales agent or All of the choices apply
broker license, a person must:
Which of the following is not a duty of TREC? Creates state laws, statues, and rules
What are changes in business and economic activity Short-term fluctuations.
that occur within the year?
The majority of new licensees begin their careers with a residential brokerage
______ to help homeowners sell and homebuyers
purchase homes.
Which of the following statements is true regarding All of the choices apply.
NAR and TAR?
Any person who wants to engage in the real estate Texas Real Estate Commission.
business and act as a real estate broker or real estate
sales agent within the state of Texas must obtain a
license from the:
The Education Standards Advisory Committee is All of the choices apply.
responsible for reviewing and revising:
A(n) __________ is a rule issued by an administrative agency regulation
to enforce or amplify a statute.
A __________ is a voluntary nonprofit organization of trade association
independent and competing business units engaged in
the same industry or trade, formed to help solve
industry problems, promote progress, and enhance
service.
Which of the following is true regarding the employee All of the choices apply.
tax status for real estate sales agents or broker-sales
agents?
Which of the following gives buyers the best Trough
opportunity to purchase real estate?
In addition to the legal and ethical requirements, to be both complete the required courses of study and pass the state licensing
eligible to get a Texas real estate sales agent or broker examination.
license, the applicant must:
Real estate agents who do not comply with the duties All of the choices apply.
and obligations required by law may be subject to:
Any form of online presence that allows end users to Social Media
engage in multi-directional conversations in or around
the content on the website is referred to as:
