TEXAS PRINCIPLES OF REAL
ESTATE FINAL EXAM PREP
2025/2026 COMPLETE QUESTIONS
BANK WITH VERIFIED CORRECT
ANSWERS || 100% GUARANTEED
PASS <RECENT VERSION>
1. TRELA
Texas Real Estate License Act - ANSWER ✔ -law that governs all real
estate licensees and sets powers for TREC
2. TREC
Texas Real Estate Commission - ANSWER ✔ -three prong test to determine
if license required
(Is activity or dealing in real property for compensation for others?)
-Lists, Leases, Buys, Exchanges, Auctions, Negotiates, Sells (LLBEANS)
-acts w/o license punishable ($4k + 1 year in jail)
-practicing w/o license punishable by court w/penalty of up to 1 to 3x total
money received
3. TRELA & TREC purpose - ANSWER ✔ protect public
4. Obtaining License
*no experience required* - ANSWER ✔ -18, US citizen or legal alien
-legal resident of TX at time of filing
-work under supervision of broker
-complete education
-apply w/fee
-letter of eligibility & test
-satisfy commission
,5. Licensee Education - ANSWER ✔ 12 semesters or 180 hours
-4 semesters/60 hours principles of real estate and
-2 semesters/30 hours of agency, contracts, contract forms, addenda &
finance
6. Written Application w/Fee - ANSWER ✔ Salesperson Sponsorship Form
-can be submitted before or after exam
-active license cannot be issues w/o sponsoring broker
Certifications showing education completion
Fingerprinting
7. Real property - ANSWER ✔ all the legal rights, powers, and privileges of
real estate ownership. The rights of ownership are often referred to as the
bundle of rights.
8. Bundle of Rights - ANSWER ✔ 1.Possession, 2.Use, 3.Encumber,
4.Exclusion, 5.Transfer
9. Personal Property - ANSWER ✔ movable rather than being permanently
attached to real estate
10.Chattel - ANSWER ✔ personal property
11.Fixture - ANSWER ✔ An item of personal property that has been converted
to real property by being permanently affixed to the realty. Ex: cabinets,
carpet, built-in shelves
12.Emblements - ANSWER ✔ crops or any type of seasonal/annual plantings
that are cultivated for profit. These are classified as personal property.
13.Trade fixtures - ANSWER ✔ personal property that a business operator
installs as part of the business operations.
14.MARIA - ANSWER ✔ Method of Attachment, Adaptability, Relationship,
Intention, Agreement
15.severance - ANSWER ✔ turning the item into personal property
,16.Economic Characteristics of Land - ANSWER ✔ scarcity, improvements,
permanence of investment, area preference
17.Scarcity - ANSWER ✔ There's a limited supply of real property, particularly
when considering a specific area.
18.Improvements - ANSWER ✔ Adding improvements to real property affects
its value.
19.Permanence of investment - ANSWER ✔ Investment in improving a
property tends to be very long term.
20.Area preference (location) - ANSWER ✔ The location of a parcel can
dramatically affect its value.
21.Physical Characteristics of Land - ANSWER ✔ Immobility,
Indestructibility, Uniqueness
22.Immobility - ANSWER ✔ In general, land doesn't move.
23.Indestructibility - ANSWER ✔ This refers to the fact that land can't be
destroyed.
24.Uniqueness - ANSWER ✔ Each property is unique.
25.Metes and bounds - ANSWER ✔ A method of land description which
involves identifying distances and directions and makes use of both the
physical boundaries and measurements of the land.
26.Samantha is a real estate licensee. She's showing her client a property. The
client asks about some spots on the ceiling and wonders if they're an
indication of a roof leak. What should Samantha do? - ANSWER ✔ Suggest
that her client contact a roofing expert to make a determination.
Buying and selling homes is Samantha's area of expertise, not identifying
roof leaks. She shouldn't offer an opinion about whether the roof leaks, but
she should suggest contacting an expert in this field.
, 27.Not wanting to delay closing, Alice, the seller's agent, didn't disclose when
the seller informed her a week before closing that the water heater needed to
be replaced. Which fiduciary duty to the customer is Alice violating?
a Confidentiality
b Honesty and fair dealing
c Loyalty
d Obedience - ANSWER ✔ b
28.Real estate licensees in Texas need to pay attention to updates from what
agency, which is responsible for enforcing Texas Fair Housing Law?
A) The Discriminatory Acts Board
b) The Fair Housing Administration and Enforcement Board
c) The Fair Housing Updates Board
d) The Texas Workforce Commission Civil Rights Division - ANSWER ✔ d
29.What's the best definition of land? - ANSWER ✔ The earth's surface,
extending downward to the center of the earth and upward to infinity,
including permanently attached natural objects
30.TREC must notify consumers of their right to file a complaint against a
licensed sales agent, broker, or easement or right-of-way agent by which of
the following means? - ANSWER ✔ By displaying it in a readily noticeable
location in each place of business the brokers maintain
31.Can an unlicensed assistant show properties for sale for a broker in Texas? -
ANSWER ✔ No, a license is required for helping find potential buyers of
real estate
32.The "MAIA" acronym helps to identify the four tests of a fixture. In
"MAIA," the two As stand for __________________________. - ANSWER
✔ Adaptability of the item to the land's use and agreement of the parties
33.Which of the following provides an example of a universal agent?
A court-appointed guardian
Buyer's agent
ESTATE FINAL EXAM PREP
2025/2026 COMPLETE QUESTIONS
BANK WITH VERIFIED CORRECT
ANSWERS || 100% GUARANTEED
PASS <RECENT VERSION>
1. TRELA
Texas Real Estate License Act - ANSWER ✔ -law that governs all real
estate licensees and sets powers for TREC
2. TREC
Texas Real Estate Commission - ANSWER ✔ -three prong test to determine
if license required
(Is activity or dealing in real property for compensation for others?)
-Lists, Leases, Buys, Exchanges, Auctions, Negotiates, Sells (LLBEANS)
-acts w/o license punishable ($4k + 1 year in jail)
-practicing w/o license punishable by court w/penalty of up to 1 to 3x total
money received
3. TRELA & TREC purpose - ANSWER ✔ protect public
4. Obtaining License
*no experience required* - ANSWER ✔ -18, US citizen or legal alien
-legal resident of TX at time of filing
-work under supervision of broker
-complete education
-apply w/fee
-letter of eligibility & test
-satisfy commission
,5. Licensee Education - ANSWER ✔ 12 semesters or 180 hours
-4 semesters/60 hours principles of real estate and
-2 semesters/30 hours of agency, contracts, contract forms, addenda &
finance
6. Written Application w/Fee - ANSWER ✔ Salesperson Sponsorship Form
-can be submitted before or after exam
-active license cannot be issues w/o sponsoring broker
Certifications showing education completion
Fingerprinting
7. Real property - ANSWER ✔ all the legal rights, powers, and privileges of
real estate ownership. The rights of ownership are often referred to as the
bundle of rights.
8. Bundle of Rights - ANSWER ✔ 1.Possession, 2.Use, 3.Encumber,
4.Exclusion, 5.Transfer
9. Personal Property - ANSWER ✔ movable rather than being permanently
attached to real estate
10.Chattel - ANSWER ✔ personal property
11.Fixture - ANSWER ✔ An item of personal property that has been converted
to real property by being permanently affixed to the realty. Ex: cabinets,
carpet, built-in shelves
12.Emblements - ANSWER ✔ crops or any type of seasonal/annual plantings
that are cultivated for profit. These are classified as personal property.
13.Trade fixtures - ANSWER ✔ personal property that a business operator
installs as part of the business operations.
14.MARIA - ANSWER ✔ Method of Attachment, Adaptability, Relationship,
Intention, Agreement
15.severance - ANSWER ✔ turning the item into personal property
,16.Economic Characteristics of Land - ANSWER ✔ scarcity, improvements,
permanence of investment, area preference
17.Scarcity - ANSWER ✔ There's a limited supply of real property, particularly
when considering a specific area.
18.Improvements - ANSWER ✔ Adding improvements to real property affects
its value.
19.Permanence of investment - ANSWER ✔ Investment in improving a
property tends to be very long term.
20.Area preference (location) - ANSWER ✔ The location of a parcel can
dramatically affect its value.
21.Physical Characteristics of Land - ANSWER ✔ Immobility,
Indestructibility, Uniqueness
22.Immobility - ANSWER ✔ In general, land doesn't move.
23.Indestructibility - ANSWER ✔ This refers to the fact that land can't be
destroyed.
24.Uniqueness - ANSWER ✔ Each property is unique.
25.Metes and bounds - ANSWER ✔ A method of land description which
involves identifying distances and directions and makes use of both the
physical boundaries and measurements of the land.
26.Samantha is a real estate licensee. She's showing her client a property. The
client asks about some spots on the ceiling and wonders if they're an
indication of a roof leak. What should Samantha do? - ANSWER ✔ Suggest
that her client contact a roofing expert to make a determination.
Buying and selling homes is Samantha's area of expertise, not identifying
roof leaks. She shouldn't offer an opinion about whether the roof leaks, but
she should suggest contacting an expert in this field.
, 27.Not wanting to delay closing, Alice, the seller's agent, didn't disclose when
the seller informed her a week before closing that the water heater needed to
be replaced. Which fiduciary duty to the customer is Alice violating?
a Confidentiality
b Honesty and fair dealing
c Loyalty
d Obedience - ANSWER ✔ b
28.Real estate licensees in Texas need to pay attention to updates from what
agency, which is responsible for enforcing Texas Fair Housing Law?
A) The Discriminatory Acts Board
b) The Fair Housing Administration and Enforcement Board
c) The Fair Housing Updates Board
d) The Texas Workforce Commission Civil Rights Division - ANSWER ✔ d
29.What's the best definition of land? - ANSWER ✔ The earth's surface,
extending downward to the center of the earth and upward to infinity,
including permanently attached natural objects
30.TREC must notify consumers of their right to file a complaint against a
licensed sales agent, broker, or easement or right-of-way agent by which of
the following means? - ANSWER ✔ By displaying it in a readily noticeable
location in each place of business the brokers maintain
31.Can an unlicensed assistant show properties for sale for a broker in Texas? -
ANSWER ✔ No, a license is required for helping find potential buyers of
real estate
32.The "MAIA" acronym helps to identify the four tests of a fixture. In
"MAIA," the two As stand for __________________________. - ANSWER
✔ Adaptability of the item to the land's use and agreement of the parties
33.Which of the following provides an example of a universal agent?
A court-appointed guardian
Buyer's agent
