age 1 of 140
Texas Real Estate FINAL EXAM STUDY GUIDE
2025/2026 ACCURATE QUESTIONS AND CORRECT
DETAILED ANSWERS WITH RATIONALES || 100%
GUARANTEED PASS <BRAND NEW VERSION>
Can a broker use the words "team" or "group" in the broker's
licensed name or assumed business name? .......Answer.........Yes.
TREC Rules do not prohibit a broker from using the word "team"
or "group" anywhere in a broker's licensed or assumed business
name.
Can a name used in advertising be both an assumed business
name and a team name? .......Answer.........No. It will be one or
the other. See question regarding the difference between the
types of names to figure out which one is appropriate for your
situation.
,age 2 of 140
What is the difference between an assumed business name and
a team name? .......Answer.........Assumed Business Name (also
known as a dba) is another name for the broker's business that
can be used by all sponsored sales agents and brokers
associated with this broker. Another name that indicates a
broker's line of business, e.g. property management or
commercial, is also an assumed business name of the broker,
even though it may not be available for use by all sponsored
agents and associated brokers.
Team Name is a name used only by a team or group of one or
more sponsored sales agents or brokers associated with this
broker. Team names must end in "team" or "group" and cannot
contain the words "brokerage", "company", "associates" or other
similar terms.
,age 3 of 140
A residential service company is paying me a fee to advertise
for it. Do I have to disclose that fee to my client and use a TREC
form? .......Answer.........Yes and yes. You must also provide the
client with the TREC Disclosure of Relationship with Residential
Service Company form
I am a sales agent. Can TREC review my advertising and advise
me whether my advertising complies with TREC Rules?
.......Answer.........No. TREC does not review a sales agent's
advertising. TREC will only discuss advertising questions with a
broker directly. Your sponsoring broker should review your
advertising because your sponsoring broker is responsible for
ensuring that your advertising complies with TREC's advertising
rules, and both you and your sponsoring broker can be
disciplined if your advertising violates TREC rules. Your broker
must maintain, on a current basis, written policies and procedures
, age 4 of 140
to ensure that each sponsored sales agent complies with the
Commission's advertising rules.
When can an agent say that they "sold" a property in an
advertisement? .......Answer.........Any agent who worked with the
seller or the buyer in a transaction that resulted in the sale of a
property may correctly state in an advertisement that they
"sold" the property. If the license holder did not participate in
that specific transaction, he cannot state or imply that his actions
resulted in the sale of that property. An example of a
misleading advertisement of this nature would be if a license
holder sent out "Just Sold" postcards with her contact information
and a picture of a recently sold property that she did not help
to sell. She didn't state that she sold it but an average person
reading the card could surely and reasonably imply an
erroneous claim of involvement. Another potential example of a
Texas Real Estate FINAL EXAM STUDY GUIDE
2025/2026 ACCURATE QUESTIONS AND CORRECT
DETAILED ANSWERS WITH RATIONALES || 100%
GUARANTEED PASS <BRAND NEW VERSION>
Can a broker use the words "team" or "group" in the broker's
licensed name or assumed business name? .......Answer.........Yes.
TREC Rules do not prohibit a broker from using the word "team"
or "group" anywhere in a broker's licensed or assumed business
name.
Can a name used in advertising be both an assumed business
name and a team name? .......Answer.........No. It will be one or
the other. See question regarding the difference between the
types of names to figure out which one is appropriate for your
situation.
,age 2 of 140
What is the difference between an assumed business name and
a team name? .......Answer.........Assumed Business Name (also
known as a dba) is another name for the broker's business that
can be used by all sponsored sales agents and brokers
associated with this broker. Another name that indicates a
broker's line of business, e.g. property management or
commercial, is also an assumed business name of the broker,
even though it may not be available for use by all sponsored
agents and associated brokers.
Team Name is a name used only by a team or group of one or
more sponsored sales agents or brokers associated with this
broker. Team names must end in "team" or "group" and cannot
contain the words "brokerage", "company", "associates" or other
similar terms.
,age 3 of 140
A residential service company is paying me a fee to advertise
for it. Do I have to disclose that fee to my client and use a TREC
form? .......Answer.........Yes and yes. You must also provide the
client with the TREC Disclosure of Relationship with Residential
Service Company form
I am a sales agent. Can TREC review my advertising and advise
me whether my advertising complies with TREC Rules?
.......Answer.........No. TREC does not review a sales agent's
advertising. TREC will only discuss advertising questions with a
broker directly. Your sponsoring broker should review your
advertising because your sponsoring broker is responsible for
ensuring that your advertising complies with TREC's advertising
rules, and both you and your sponsoring broker can be
disciplined if your advertising violates TREC rules. Your broker
must maintain, on a current basis, written policies and procedures
, age 4 of 140
to ensure that each sponsored sales agent complies with the
Commission's advertising rules.
When can an agent say that they "sold" a property in an
advertisement? .......Answer.........Any agent who worked with the
seller or the buyer in a transaction that resulted in the sale of a
property may correctly state in an advertisement that they
"sold" the property. If the license holder did not participate in
that specific transaction, he cannot state or imply that his actions
resulted in the sale of that property. An example of a
misleading advertisement of this nature would be if a license
holder sent out "Just Sold" postcards with her contact information
and a picture of a recently sold property that she did not help
to sell. She didn't state that she sold it but an average person
reading the card could surely and reasonably imply an
erroneous claim of involvement. Another potential example of a
