Texas State Real Estate Exam Question
And Answers
Texas license holder Alan receives a notice of violation from TREC's executive director.
This notice summarizes the alleged violation, includes the executive director's
recommendation that an administrative penalty in the amount of $2,500 be imposed
upon Alan, and tells Alan he has the right to a hearing to contest the alleged violation
and/or the recommended penalty. Alan must submit the written notification for a hearing
within 20 days of receiving the notice. Unfortunately, on day 22, he realizes he forgot to
mail the written request for hearing. What happens now? - correct Answers-TREC will,
by order, approve the determination and order payment of the recommended penalty,
which Alan must pay.
What can an unlicensed assistant NOT do? - correct Answers-1. interview prospects
2. select properties for prospects to see
3. input info preapproved by the agent
4. open/unlock doors for clients
5. host an open house
6. respond to inquiries about a property
7. show properties
8. review contracts
Stefan is an unlicensed assistant for the Ace Team at Acme Realty in Texas. Which of
these activities can he perform? - correct Answers-calculate commission for team
members
placing an advertisement
Your seller client, William, had multiple offers to consider. He decided to move forward
with Ryan's offer, and reject the offer from Kevin. What should your client do with the
offer from Kevin? - correct Answers-write rejected on the letter
The Recovery Trust Account exists for the benefit of whom? - correct Answers-exists for
the public
The Recovery Trust Account should maintain a balance of at least what amount? -
correct Answers-1.7 million
Which of the following parties has the authority to file a complaint or conduct an
investigation into a complaint about a real estate licensee in Texas? - correct Answers-
TREC and they have the authority to revoke or suspend someone's license
, TREC will issue a notice of violation to anyone it feels has violated the law by
performing a prohibited activity. If an accused violator completely disagrees with TREC,
that person has the right to request a hearing within how many days? - correct Answers-
20 days
Which entity was formed for the purpose of enforcing the Real Estate Dealers Act in
Texas? - correct Answers-TREC
The seven members of the ESAC committee who are real estate professionals must
have been actively engaged in the practice of real estate for at least ____ years before
appointment. - correct Answers-5 years
TREC receives an anonymous complaint that Holly, the unlicensed assistant at Texas
Home and Family brokerage, has been practicing real estate. What will happen next? -
correct Answers-nothing. anonymous complaints will not be looked into further.
how many members are there total on the ESAC board - correct Answers-12
7 agents
4 education members
1 public member
Per the Texas statute of frauds, a contract for the sale of real estate is only enforceable
if it is in writing and ______. - correct Answers-Signed by the person to be charged with
the promise/agreement
Which of the following can hold a broker's license in Texas? - correct Answers-a person
or an entity
What does the registration of an assumed business name with the secretary of state or
county clerk's office in Texas show? - correct Answers-that the broker has the legal
authority to use that name
An agent who buys, sells, leases, or transfers easements is also known as what kind of
agent? - correct Answers-right of way agent
Meredith is a real estate instructor. What's the minimum score she must earn on the
broker responsibility course test in order to teach the course? - correct Answers-80%
Before Texas broker Holmes can start using an assumed business name in an
advertisement, which of the following must occur? - correct Answers-must register the
name with TREC
Any service of process served upon TREC for a non-resident broker must be made with
duplicate copies. One copy must be filed in the TREC office, and the other must be
______. - correct Answers-must be emailed to the non resident broker
And Answers
Texas license holder Alan receives a notice of violation from TREC's executive director.
This notice summarizes the alleged violation, includes the executive director's
recommendation that an administrative penalty in the amount of $2,500 be imposed
upon Alan, and tells Alan he has the right to a hearing to contest the alleged violation
and/or the recommended penalty. Alan must submit the written notification for a hearing
within 20 days of receiving the notice. Unfortunately, on day 22, he realizes he forgot to
mail the written request for hearing. What happens now? - correct Answers-TREC will,
by order, approve the determination and order payment of the recommended penalty,
which Alan must pay.
What can an unlicensed assistant NOT do? - correct Answers-1. interview prospects
2. select properties for prospects to see
3. input info preapproved by the agent
4. open/unlock doors for clients
5. host an open house
6. respond to inquiries about a property
7. show properties
8. review contracts
Stefan is an unlicensed assistant for the Ace Team at Acme Realty in Texas. Which of
these activities can he perform? - correct Answers-calculate commission for team
members
placing an advertisement
Your seller client, William, had multiple offers to consider. He decided to move forward
with Ryan's offer, and reject the offer from Kevin. What should your client do with the
offer from Kevin? - correct Answers-write rejected on the letter
The Recovery Trust Account exists for the benefit of whom? - correct Answers-exists for
the public
The Recovery Trust Account should maintain a balance of at least what amount? -
correct Answers-1.7 million
Which of the following parties has the authority to file a complaint or conduct an
investigation into a complaint about a real estate licensee in Texas? - correct Answers-
TREC and they have the authority to revoke or suspend someone's license
, TREC will issue a notice of violation to anyone it feels has violated the law by
performing a prohibited activity. If an accused violator completely disagrees with TREC,
that person has the right to request a hearing within how many days? - correct Answers-
20 days
Which entity was formed for the purpose of enforcing the Real Estate Dealers Act in
Texas? - correct Answers-TREC
The seven members of the ESAC committee who are real estate professionals must
have been actively engaged in the practice of real estate for at least ____ years before
appointment. - correct Answers-5 years
TREC receives an anonymous complaint that Holly, the unlicensed assistant at Texas
Home and Family brokerage, has been practicing real estate. What will happen next? -
correct Answers-nothing. anonymous complaints will not be looked into further.
how many members are there total on the ESAC board - correct Answers-12
7 agents
4 education members
1 public member
Per the Texas statute of frauds, a contract for the sale of real estate is only enforceable
if it is in writing and ______. - correct Answers-Signed by the person to be charged with
the promise/agreement
Which of the following can hold a broker's license in Texas? - correct Answers-a person
or an entity
What does the registration of an assumed business name with the secretary of state or
county clerk's office in Texas show? - correct Answers-that the broker has the legal
authority to use that name
An agent who buys, sells, leases, or transfers easements is also known as what kind of
agent? - correct Answers-right of way agent
Meredith is a real estate instructor. What's the minimum score she must earn on the
broker responsibility course test in order to teach the course? - correct Answers-80%
Before Texas broker Holmes can start using an assumed business name in an
advertisement, which of the following must occur? - correct Answers-must register the
name with TREC
Any service of process served upon TREC for a non-resident broker must be made with
duplicate copies. One copy must be filed in the TREC office, and the other must be
______. - correct Answers-must be emailed to the non resident broker
