Level 9 Texas
Real Estate
License Act
exam review
Grade A+
,Level 9 Texas Real Estate License
Act exam review
A license holder is facing three separate
complaints. The license holder must pay $45,000
for the first complaint, $62,000 for the second
complaint and $21,000 for the third complaint.
What is the amount that the Commission will pay
on the license holder's behalf?
a. $100,000
b. $128,000
c. $50,000
d. Up to $50,000 per complaint - answer
✅✅$100,000
A person who is employed to rent land by the
owner needs a real estate license.
a. FALSE
b. TRUE - answer ✅✅False
, A person who possesses a broker's license and is
responsible for not only their own actions, but
the actions of every license holder in their real
estate office is called a:
a. designated agent
b. designated buyer
c. designated broker
d. designated seller - answer ✅✅designated agent
About how long can you have an expired license
but still be eligible to reactivate your license
without retaking the state exam?
a. about 2 years
b. about 1 year
c. about 3 years
d. about 4 years - answer ✅✅about 2 years
After how many days will the Commission notify
an applicant of their moral determination?
a. 30
b. 40
c. 50
Real Estate
License Act
exam review
Grade A+
,Level 9 Texas Real Estate License
Act exam review
A license holder is facing three separate
complaints. The license holder must pay $45,000
for the first complaint, $62,000 for the second
complaint and $21,000 for the third complaint.
What is the amount that the Commission will pay
on the license holder's behalf?
a. $100,000
b. $128,000
c. $50,000
d. Up to $50,000 per complaint - answer
✅✅$100,000
A person who is employed to rent land by the
owner needs a real estate license.
a. FALSE
b. TRUE - answer ✅✅False
, A person who possesses a broker's license and is
responsible for not only their own actions, but
the actions of every license holder in their real
estate office is called a:
a. designated agent
b. designated buyer
c. designated broker
d. designated seller - answer ✅✅designated agent
About how long can you have an expired license
but still be eligible to reactivate your license
without retaking the state exam?
a. about 2 years
b. about 1 year
c. about 3 years
d. about 4 years - answer ✅✅about 2 years
After how many days will the Commission notify
an applicant of their moral determination?
a. 30
b. 40
c. 50
