Page 1 of 71
TEXAS PRINCIPLES OF REAL ESTATE 1 AND 11 FINAL
EXAM 2025 AND STUDY GUIDE 400 QUESTIONS WITH
DETAILED VERIFIED SOLUTIONS (100% CORRECT) /A+
GRADE ASSURED
supply .....ANSWER.....The amount of goods offered for sale
within a given market at a given price during a given time
period.
General Agent .....ANSWER.....A property manager is an
example of what type of agent?
Special Agent .....ANSWER.....A real estate agent is an example
of what type of agent?
Residential, Commercial, and Industrial .....ANSWER.....The
general uses of real property include the following:
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Market Comparison Approach .....ANSWER.....A means of
comparing similar type properties would have recently sold to
the subject property is known as:
Surface Rights .....ANSWER.....Mineral rights are typically
considered dominant to which of the following rights
real estate .....ANSWER.....Land and everything permanently
attached to land is defined as
Personal Property .....ANSWER.....All property that is not land
and is not permanently attached to land is known as
Bundle of Rights .....ANSWER.....The right of exclusion which
allows a landowner to prevent others from entering or occupying
their property is included in the
Kitchen cabinets .....ANSWER.....Which of the following is an
example of a fixture
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Intentions of the party, adaption of the item, mold and
permanence of house item was attached .....ANSWER.....Which of
the following is considered a legal test for determining if an item
is a fixture or not
customer .....ANSWER.....This refers to the party the agent brings
to the principal as seller or buyer of the property.
General Agent .....ANSWER.....An agent with full authority over
one property of the principal is known as a
Special Agent .....ANSWER.....An agent with limited authority to
act on behalf of the principal is referred to as a
The agent finds a buyer who is ready, willing, and able to
purchase the property. .....ANSWER.....A seller's agent is entitled
to a commission after
customer .....ANSWER.....A broker will work for a client and with
a
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Care .....ANSWER.....The "C" in the acronym COALD stands for
which fiduciary duty?
Assisting with counteroffers. .....ANSWER.....The fiduciary duty of
care when representing a buyer includes
loyalty .....ANSWER.....A broker must always place his/her client's
interests above their own. This is an example of what fiduciary
duty?
disclosure .....ANSWER.....A seller's broker is required to tell their
client any relationship they may have with the buyer. This is an
example of what fiduciary duty?
honesty .....ANSWER.....Which of the following is owed to a
customer by an agent?
condominium .....ANSWER.....a form of ownership of real
property recognized in all states that consists of individual
ownership of some aspects and co-ownership in other aspects of
the property is known as
TEXAS PRINCIPLES OF REAL ESTATE 1 AND 11 FINAL
EXAM 2025 AND STUDY GUIDE 400 QUESTIONS WITH
DETAILED VERIFIED SOLUTIONS (100% CORRECT) /A+
GRADE ASSURED
supply .....ANSWER.....The amount of goods offered for sale
within a given market at a given price during a given time
period.
General Agent .....ANSWER.....A property manager is an
example of what type of agent?
Special Agent .....ANSWER.....A real estate agent is an example
of what type of agent?
Residential, Commercial, and Industrial .....ANSWER.....The
general uses of real property include the following:
,Page 2 of 71
Market Comparison Approach .....ANSWER.....A means of
comparing similar type properties would have recently sold to
the subject property is known as:
Surface Rights .....ANSWER.....Mineral rights are typically
considered dominant to which of the following rights
real estate .....ANSWER.....Land and everything permanently
attached to land is defined as
Personal Property .....ANSWER.....All property that is not land
and is not permanently attached to land is known as
Bundle of Rights .....ANSWER.....The right of exclusion which
allows a landowner to prevent others from entering or occupying
their property is included in the
Kitchen cabinets .....ANSWER.....Which of the following is an
example of a fixture
,Page 3 of 71
Intentions of the party, adaption of the item, mold and
permanence of house item was attached .....ANSWER.....Which of
the following is considered a legal test for determining if an item
is a fixture or not
customer .....ANSWER.....This refers to the party the agent brings
to the principal as seller or buyer of the property.
General Agent .....ANSWER.....An agent with full authority over
one property of the principal is known as a
Special Agent .....ANSWER.....An agent with limited authority to
act on behalf of the principal is referred to as a
The agent finds a buyer who is ready, willing, and able to
purchase the property. .....ANSWER.....A seller's agent is entitled
to a commission after
customer .....ANSWER.....A broker will work for a client and with
a
, Page 4 of 71
Care .....ANSWER.....The "C" in the acronym COALD stands for
which fiduciary duty?
Assisting with counteroffers. .....ANSWER.....The fiduciary duty of
care when representing a buyer includes
loyalty .....ANSWER.....A broker must always place his/her client's
interests above their own. This is an example of what fiduciary
duty?
disclosure .....ANSWER.....A seller's broker is required to tell their
client any relationship they may have with the buyer. This is an
example of what fiduciary duty?
honesty .....ANSWER.....Which of the following is owed to a
customer by an agent?
condominium .....ANSWER.....a form of ownership of real
property recognized in all states that consists of individual
ownership of some aspects and co-ownership in other aspects of
the property is known as
