AYPO Real Estate Principles Of Real Estate 1
AYPO REAL ESTATE PRINCIPLES OF REAL ESTATE 1 NEWEST
2025 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT
ANSWERS(VERIFIED ANSWERS)|ALREADY GRADED A+
The term "false, misleading, or deceptive acts or practices" includes, but is not limited to which
of the following acts? - ANSWER-1. Using deceptive representations or designations of
geographic origin in connection with goods or services
2. Passing off goods or services as those of another
3. Disparaging the goods, services, or business of another by false or misleading representation
of facts
Changes to the Fair Housing Act include: - ANSWER-Public and common areas must be
accessible to persons with disabilities
An aggrieved party may bring a private enforcement action in a state or federal district court : -
ANSWER-within two years of the stated discriminatory action and can even be filed if an
administrative proceeding through TWCCRD is in process
The practice wherein consumers of protected classes are directed to certain neighborhoods
when shopping for housing is called: - ANSWER-Steering.
Applicants who are rejected for credit must be notified in writing of the basic reasons for the
denial of their application, and the reason for their credit rating when? - ANSWER-within 30
days
Each year the CRA requires federally supervised financial institutions to prepare annual
statements that include which of the following information? - ANSWER-any comments from the
public about the specific financial institution's performance in meeting their community's needs
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, AYPO Real Estate Principles Of Real Estate 1
The commission may require a license holder whose license suspension or revocation is
probated to: - ANSWER-limit practice to an area prescribed by the commission
Which of these IS NOT one of the five canons of ethics? - ANSWER-Cooperation
No real estate license holder shall discriminate against an owner based upon which of the
following: - ANSWER-Ancestry
Which of these IS NOT a subchapter subject matter addressed by TRELA? - ANSWER-How to
attract and maintain a real estate client
The real estate math section of the exam includes questions on which topics: - ANSWER-1.
Depreciation
2. Amortization
3. Interest
The Texas Real Estate Commission consists of members appointed by the governor with the
advice and consent of the: senate. What is their composition? - ANSWER-Six members who
have been engaged in the brokerage business as licensed brokers as their major occupation for
the five years preceding appointment; and three members who represent the public
Who determines the salaries of the executive director, officers, and employees of the
commission? - ANSWER-The commission.
A subpoena may be issued throughout the state and may be served by: - ANSWER-any person
designated by the commission.
The commission shall assign priorities and investigate complaints using a risk-based approach
based on any of these except: - ANSWER-Length of time a licensee has been in practice
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, AYPO Real Estate Principles Of Real Estate 1
The Texas Real Estate Broker-Lawyer Committee consists of 13 members appointed as follows: -
ANSWER-six members appointed by the commission; six members of the State Bar of Texas
appointed by the president of the state bar; and one public member appointed by the governor
An educational institution shall maintain a corporate surety bond or other security acceptable
to the commission that is in the amount of: - ANSWER-$20,000
When the relationship of a sales agent with the sales agent's sponsoring broker terminates, the
terminating party shall immediately notify: - ANSWER-in writing both the other party and the
commission.
The commission shall waive the examination requirement for an applicant for a broker or sales
agent license if: - ANSWER-Both of these are required
The commission by rule may: - ANSWER-prescribe the title, content, and duration of continuing
education courses that a license holder must attend to renew a license
A person may not sell, buy, lease, or transfer an easement or right-of-way for another, for
compensation or with the expectation of receiving compensation, for use in connection with
telecommunication, utility, railroad, or pipeline service unless the person: - ANSWER-1. Holds a
license issued under this chapter
2. Holds a certificate of registration issued under this subchapter
TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ANSWER-
They conduct the unlawful practice of law
ESAC stands for: - ANSWER-Education Standards Advisory Committee
3|Page
AYPO REAL ESTATE PRINCIPLES OF REAL ESTATE 1 NEWEST
2025 ACTUAL EXAM COMPLETE QUESTIONS AND CORRECT
ANSWERS(VERIFIED ANSWERS)|ALREADY GRADED A+
The term "false, misleading, or deceptive acts or practices" includes, but is not limited to which
of the following acts? - ANSWER-1. Using deceptive representations or designations of
geographic origin in connection with goods or services
2. Passing off goods or services as those of another
3. Disparaging the goods, services, or business of another by false or misleading representation
of facts
Changes to the Fair Housing Act include: - ANSWER-Public and common areas must be
accessible to persons with disabilities
An aggrieved party may bring a private enforcement action in a state or federal district court : -
ANSWER-within two years of the stated discriminatory action and can even be filed if an
administrative proceeding through TWCCRD is in process
The practice wherein consumers of protected classes are directed to certain neighborhoods
when shopping for housing is called: - ANSWER-Steering.
Applicants who are rejected for credit must be notified in writing of the basic reasons for the
denial of their application, and the reason for their credit rating when? - ANSWER-within 30
days
Each year the CRA requires federally supervised financial institutions to prepare annual
statements that include which of the following information? - ANSWER-any comments from the
public about the specific financial institution's performance in meeting their community's needs
1|Page
, AYPO Real Estate Principles Of Real Estate 1
The commission may require a license holder whose license suspension or revocation is
probated to: - ANSWER-limit practice to an area prescribed by the commission
Which of these IS NOT one of the five canons of ethics? - ANSWER-Cooperation
No real estate license holder shall discriminate against an owner based upon which of the
following: - ANSWER-Ancestry
Which of these IS NOT a subchapter subject matter addressed by TRELA? - ANSWER-How to
attract and maintain a real estate client
The real estate math section of the exam includes questions on which topics: - ANSWER-1.
Depreciation
2. Amortization
3. Interest
The Texas Real Estate Commission consists of members appointed by the governor with the
advice and consent of the: senate. What is their composition? - ANSWER-Six members who
have been engaged in the brokerage business as licensed brokers as their major occupation for
the five years preceding appointment; and three members who represent the public
Who determines the salaries of the executive director, officers, and employees of the
commission? - ANSWER-The commission.
A subpoena may be issued throughout the state and may be served by: - ANSWER-any person
designated by the commission.
The commission shall assign priorities and investigate complaints using a risk-based approach
based on any of these except: - ANSWER-Length of time a licensee has been in practice
2|Page
, AYPO Real Estate Principles Of Real Estate 1
The Texas Real Estate Broker-Lawyer Committee consists of 13 members appointed as follows: -
ANSWER-six members appointed by the commission; six members of the State Bar of Texas
appointed by the president of the state bar; and one public member appointed by the governor
An educational institution shall maintain a corporate surety bond or other security acceptable
to the commission that is in the amount of: - ANSWER-$20,000
When the relationship of a sales agent with the sales agent's sponsoring broker terminates, the
terminating party shall immediately notify: - ANSWER-in writing both the other party and the
commission.
The commission shall waive the examination requirement for an applicant for a broker or sales
agent license if: - ANSWER-Both of these are required
The commission by rule may: - ANSWER-prescribe the title, content, and duration of continuing
education courses that a license holder must attend to renew a license
A person may not sell, buy, lease, or transfer an easement or right-of-way for another, for
compensation or with the expectation of receiving compensation, for use in connection with
telecommunication, utility, railroad, or pipeline service unless the person: - ANSWER-1. Holds a
license issued under this chapter
2. Holds a certificate of registration issued under this subchapter
TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ANSWER-
They conduct the unlawful practice of law
ESAC stands for: - ANSWER-Education Standards Advisory Committee
3|Page
