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Real Estate License Practice Exam // Barney Fletcher Real
Estate Final Practice Test 2025-2026 with 630 Recently Tested
Questions and Correct Answers
In order for a tenant to claim relief for constructive eviction-
ANSWER-the landlord must have intentionally withheld
required repairs or maintenance
A lost was purchased as an investment for $10500 and sold a
year later at a loss of 20%. If the owner paid a 10% commission,
what was the owners net loss on the sale?-ANSWER-$2940
G borrowed $15000 to buy a business. The interest rate was
11%. If G paid all the interest and the amount borrowed with a
single payment at the end of 16 months, what is the amount of
this payment?-ANSWER-$17,200
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To be eligible for a real estate license, an individual MUST-
ANSWER-satisfy the Commission as to the individuals integrity
A single woman dies intestate. In regards to her surviving heirs,
her property will-ANSWER-be distributed according to the law
of descent and distribution
To renew a real estate license, a business entity must provide
proof that the entity maintains errors and omissions insurance
with a minimum annual limit of ____________ for each
occurrence if the designated agent owns less than _________
percent of the business entity, & the business must designate
of its managing officers as its agent-ANSWER-$1 million , 10%
John and Bob are seeking recovery from the Texas Real Estate
Recover Fund based on a transaction involving a real estate
licensee. How much are they entitled to recover?-ANSWER-
John and Bob may recover a maximum of $50,000 between
the two of them
If an individual dies intestate and without heirs, the real and
personal property of that individual is subject to ___________-
ANSWER-Escheat
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An individual is presumed to have died intestate if, on or
before the __________ anniversary of the date of the
individuals death, the individuals will has not been recorded or
probated in the county where the individuals property is
located-ANSWER-7th
An individual is presumed to have died leaving no heirs, if for
the _________ year period preceding the courts determination,
a lawful claim to the individual's property has not been
asserted and a lawful act of ownership of the individuals
property has not been exercised-ANSWER-7
Under the federal Bankruptcy Abuse Prevention and Consumer
Protection Act of 2005, a debtor must be domiciled in Texas for
at least how many years before claiming a homestead
exemption under Texas Law?-ANSWER-2 years
John owns land along a NON–NAVIGABLE stream. Under Texas
Riparian rights law-ANSWER-John's ownership of land extends
to the exact center of the stream along his property
John owns land along a NAVIGABLE stream. Under Texas
Riparian rights law-ANSWER-John's ownership of land extends
to the mean vegetation line of the stream
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Can a community property survivorship agreement be
revoked?-ANSWER-yes, as provided by the terms of the
agreement and if a method of revocation is not provided, the
agreement may be revoked by a written instrument signed by
one spouse and delivered to the other
Under Texas Law, unless the condominium declaration provides
otherwise, a condominium may not be terminated unless by
agreement of _____ % of the votes in the association and each
holder of a deed of trust or vendors lien on a unit-ANSWER-
100%
In Texas, to be valid, a deed to real estate must have what?-
ANSWER-be signed by grantors
be in writing
be delivered to the grantee by the grantor or by the grantors
agent ( it does not have to be recorded to be valid)
The Texas Statute of Frauds states that each of the following
promised or agreement, except ________, is not enforceable
unless the promise or agreement, or a memorandum of it, is in
writing-ANSWER-a lease of real estate for a term of one year
or longer
Real Estate License Practice Exam // Barney Fletcher Real
Estate Final Practice Test 2025-2026 with 630 Recently Tested
Questions and Correct Answers
In order for a tenant to claim relief for constructive eviction-
ANSWER-the landlord must have intentionally withheld
required repairs or maintenance
A lost was purchased as an investment for $10500 and sold a
year later at a loss of 20%. If the owner paid a 10% commission,
what was the owners net loss on the sale?-ANSWER-$2940
G borrowed $15000 to buy a business. The interest rate was
11%. If G paid all the interest and the amount borrowed with a
single payment at the end of 16 months, what is the amount of
this payment?-ANSWER-$17,200
,2|Page
To be eligible for a real estate license, an individual MUST-
ANSWER-satisfy the Commission as to the individuals integrity
A single woman dies intestate. In regards to her surviving heirs,
her property will-ANSWER-be distributed according to the law
of descent and distribution
To renew a real estate license, a business entity must provide
proof that the entity maintains errors and omissions insurance
with a minimum annual limit of ____________ for each
occurrence if the designated agent owns less than _________
percent of the business entity, & the business must designate
of its managing officers as its agent-ANSWER-$1 million , 10%
John and Bob are seeking recovery from the Texas Real Estate
Recover Fund based on a transaction involving a real estate
licensee. How much are they entitled to recover?-ANSWER-
John and Bob may recover a maximum of $50,000 between
the two of them
If an individual dies intestate and without heirs, the real and
personal property of that individual is subject to ___________-
ANSWER-Escheat
,3|Page
An individual is presumed to have died intestate if, on or
before the __________ anniversary of the date of the
individuals death, the individuals will has not been recorded or
probated in the county where the individuals property is
located-ANSWER-7th
An individual is presumed to have died leaving no heirs, if for
the _________ year period preceding the courts determination,
a lawful claim to the individual's property has not been
asserted and a lawful act of ownership of the individuals
property has not been exercised-ANSWER-7
Under the federal Bankruptcy Abuse Prevention and Consumer
Protection Act of 2005, a debtor must be domiciled in Texas for
at least how many years before claiming a homestead
exemption under Texas Law?-ANSWER-2 years
John owns land along a NON–NAVIGABLE stream. Under Texas
Riparian rights law-ANSWER-John's ownership of land extends
to the exact center of the stream along his property
John owns land along a NAVIGABLE stream. Under Texas
Riparian rights law-ANSWER-John's ownership of land extends
to the mean vegetation line of the stream
, 4|Page
Can a community property survivorship agreement be
revoked?-ANSWER-yes, as provided by the terms of the
agreement and if a method of revocation is not provided, the
agreement may be revoked by a written instrument signed by
one spouse and delivered to the other
Under Texas Law, unless the condominium declaration provides
otherwise, a condominium may not be terminated unless by
agreement of _____ % of the votes in the association and each
holder of a deed of trust or vendors lien on a unit-ANSWER-
100%
In Texas, to be valid, a deed to real estate must have what?-
ANSWER-be signed by grantors
be in writing
be delivered to the grantee by the grantor or by the grantors
agent ( it does not have to be recorded to be valid)
The Texas Statute of Frauds states that each of the following
promised or agreement, except ________, is not enforceable
unless the promise or agreement, or a memorandum of it, is in
writing-ANSWER-a lease of real estate for a term of one year
or longer
