Texas Principles of Real Estate 1 Exam Questions Solved
(Verified Answers) 2025
The business of bringing buyers and sellers together and assisting in
negotiations for the terms of sale of real estate. - correct answers
brokerage
PR
A person or an organization acting as the agent for others in negotiating the
purchase and sale of real property or other commodities for a fee - correct
answers real estate broker
O
FD
A person performing any of the acts included in the definition of real estate
broker but while associated with and supervised by a broker - correct
O
answers real estate salesperson
C
A type of property that includes one to four dwelling units - correct answers
residential property
Property that produces rental income or that is used in business. Properties
with five or more dwelling units are considered commercial property. -
correct answers commercial property
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Property that is used by companies or persons for manufacturing,
warehousing, or the assemblage of components - correct answers
industrial property
A category of real property created as a result of combining the land and its
improvements for a single highest and best use - correct answers special
PR
purpose property
O
Any urban, suburban or village development, or even a single building, that
blends a combination of residential, commercial, cultural, institutional, or
FD
industrial uses, where those functions are physically and functionally
integrated, and that provides pedestrian connections - correct answers
O
mixed use property
C
The business of bringing buyers and sellers together and assisting in
negotiations for the terms of sale of real estate is known as...? - correct
answers brokerage
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Government held properties include which of the following...? - correct
answers public parks
Must property inspections must be licensed by the Texas Real Estate
Commission...? - correct answers yes
PR
A church is a definition of a _____________ ____________ property. -
correct answers special purpose
O
What courses must be taken after you obtain your real estate license...? -
FD
correct answers continuing education courses
O
The qualifying Real Estate Principles course consists of how many classroom
hours in total...? - correct answers 60 (part I and part II)
C
How many points must an applicant earn in order to obtain their real estate
broker's license...? - correct answers 3600
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The mission of the _______________ _______________ ________________
Committee (ESAC) is to regularly review and revise the curriculum standards,
course content requirements, and instructor certification requirements for
qualifying and continuing education courses...? - correct answers
educational standards advisory
The pre-licensing courses needed to obtain your real estate license are
PR
considered what type of courses...? - correct answers qualifying
education
O
Changes or additional made to a property, such as walls and roads. These
FD
typically increase the value of a property, except in some cases of over
improvement - correct answers improvements
O
A physical characteristic of land describing that land as a unique commodity
C
- correct answers non-homogeneity
The present worth of future benefits - correct answers value