Name: Score:
266 Multiple choice questions
Term 1 of 266
TREC was established in:
1949
1950
1946
1954
Term 2 of 266
Which of the following is NOT an agent's duty to a client?
Appoint the associates to represent their parties under intermediary rules
Trust
These are the duties: OLDCAR: Obedience, loyalty, disclosure, confidentiality,
accounting, reasonable care
Written information obtained from a government record
The salesperson signs a written contract with the broker stating the salesperson is not an
employee
Term 3 of 266
who has the authority to suspend/revoke a TX license
The seller fill out the seller's disclosure notice
TREC has the authority
The licensee did not know of the falsity of the misrepresentation
Death, insanity, mutual agreement
,Term 4 of 266
The duty of _______ requires that the agent follow all of the lawful instructions of the client.
(a) Loyalty
(b) Obedience
(c) Reasonable care
(d) Duty
B
C
A
D
Term 5 of 266
The failure to remove an advertisement within a reasonable amount of time may be considered
deceptive or misleading.
broker
TREC
patience
true
Term 6 of 266
an unlicensed assistant may do what
discuss financing of a property
an agency relationship
an intermediary
welcome visitors at an open house
,Term 7 of 266
true or false, real estate brokers are exempt from providing workesr comp to sponsored agents
patience
true
intermediary
TREC
Term 8 of 266
confidential information between client and agent is
shared with a secret agent
shared with the next client
honesty and fairness
kept confidential forever
Term 9 of 266
Unlicensed assistants may:
(a) discuss title issues
(b) go to the closing as a consultant for the buyer or seller
(c) be a transaction coordinator
(d) discuss market value with clients
C
B
D
A
, Term 10 of 266
Which of the following is the real estate licensing authority in Texas?
CLIENT
TREC
CLIENT AND BROKER
BROKER
Term 11 of 266
The listing agreement should contain:
(a) The water district notice
(b) The legal description of the property
(c) The covenants of the homeowner's association
(d) A survey
sue for commission
B
the legal description of the property
authorizes intermediary, authorizes the buyer to give the agent complete loyalty,
establishes an exclusive market area
266 Multiple choice questions
Term 1 of 266
TREC was established in:
1949
1950
1946
1954
Term 2 of 266
Which of the following is NOT an agent's duty to a client?
Appoint the associates to represent their parties under intermediary rules
Trust
These are the duties: OLDCAR: Obedience, loyalty, disclosure, confidentiality,
accounting, reasonable care
Written information obtained from a government record
The salesperson signs a written contract with the broker stating the salesperson is not an
employee
Term 3 of 266
who has the authority to suspend/revoke a TX license
The seller fill out the seller's disclosure notice
TREC has the authority
The licensee did not know of the falsity of the misrepresentation
Death, insanity, mutual agreement
,Term 4 of 266
The duty of _______ requires that the agent follow all of the lawful instructions of the client.
(a) Loyalty
(b) Obedience
(c) Reasonable care
(d) Duty
B
C
A
D
Term 5 of 266
The failure to remove an advertisement within a reasonable amount of time may be considered
deceptive or misleading.
broker
TREC
patience
true
Term 6 of 266
an unlicensed assistant may do what
discuss financing of a property
an agency relationship
an intermediary
welcome visitors at an open house
,Term 7 of 266
true or false, real estate brokers are exempt from providing workesr comp to sponsored agents
patience
true
intermediary
TREC
Term 8 of 266
confidential information between client and agent is
shared with a secret agent
shared with the next client
honesty and fairness
kept confidential forever
Term 9 of 266
Unlicensed assistants may:
(a) discuss title issues
(b) go to the closing as a consultant for the buyer or seller
(c) be a transaction coordinator
(d) discuss market value with clients
C
B
D
A
, Term 10 of 266
Which of the following is the real estate licensing authority in Texas?
CLIENT
TREC
CLIENT AND BROKER
BROKER
Term 11 of 266
The listing agreement should contain:
(a) The water district notice
(b) The legal description of the property
(c) The covenants of the homeowner's association
(d) A survey
sue for commission
B
the legal description of the property
authorizes intermediary, authorizes the buyer to give the agent complete loyalty,
establishes an exclusive market area
