Texas State Portion Real Estate Exam
Study Questions and Answers15
B. Licensing Process: - ANSWERS-General Requirements (age, moral character, residency,
sponsor, etc.):
a. Be 18 years or older
b. Complete all educational requirements.
c. Be a U.S. citizen or a legally admitted alien.
d. Pass the state exam.
e. Be a legal resident of Texas at the time of application (no time specification for length or
residency).
f. Satisfy the commission as to honesty, trust worthiness, integrity, and competency. Honesty,
trust worthiness, and integrity will be established by the background check on initial
application.
g. Be sponsored by a licensed broker. The broker is responsible for all occupational acts of the
salesperson he/she sponsors. If the broker desires to terminate sponsorship, he/she must notify
the agent and commission in writing and return the salesperson's license immediately.
Education: - ANSWERS-Salesperson: 180 core hours of real estate courses with no less than 60
hours of Principles, 30 hours of
Law of Agency, 30 hours of Law of Contracts, 30 hours of electives.
Broker: 900 core hours of real estate courses (60 semester hours) and a minimum of four years
active licensure. Along with the following requirements:
Take a 30 hour course "Real Estate Brokerage"
The applicant must have the signature of the sponsoring broker or brokers for the relevant time
period
Must accrue 3600 points in four of the last five years
o The sale of a single-family home = 300 points
, o A closed purchase or sale of an apartment complex of five or more units = 450 points o Listing
or buyers representation agreements = 10 points
o An executed lease for a residential or commercial property = 50 points
Must have one transaction in each year of the four years in which the applicant is claiming
experience
Transaction Document Verification - ANSWERS-: While the applicant is not required to include
copies of the transaction documents with the broker application, the documents must be
provided to TREC upon request
An unimproved lot is located in the service area of a water supply corporation. The seller is
subject to the notice requirements relating to a service provider. What is the buyer's statutory
remedy if the seller fails to give the written notice REQUIRED by law? - ANSWERS-Terminate the
purchase contract with the seller
To be eligible for a real estate license, an individual MUST - ANSWERS-satisfy the Commission as
to the individual's integrity.
Who can pay money to a licensed salesperson to perform sales activities for a house a broker
has listed for sale? - ANSWERS-The salesperson's sponsoring broker and no one else
According to The Real Estate License Act of Texas, what action is a fair and impartial act for an
intermediary? - ANSWERS-Appointing associated licensees to work with the parties.
As a marketing promotion, a real estate salesperson offers property for sale by lottery. This
practice is - ANSWERS-grounds for suspension or revocation of license.
When the association of a salesperson with the sponsoring broker is terminated, the broker
MUST - ANSWERS-immediately return the salesperson's license to the Commission.
Study Questions and Answers15
B. Licensing Process: - ANSWERS-General Requirements (age, moral character, residency,
sponsor, etc.):
a. Be 18 years or older
b. Complete all educational requirements.
c. Be a U.S. citizen or a legally admitted alien.
d. Pass the state exam.
e. Be a legal resident of Texas at the time of application (no time specification for length or
residency).
f. Satisfy the commission as to honesty, trust worthiness, integrity, and competency. Honesty,
trust worthiness, and integrity will be established by the background check on initial
application.
g. Be sponsored by a licensed broker. The broker is responsible for all occupational acts of the
salesperson he/she sponsors. If the broker desires to terminate sponsorship, he/she must notify
the agent and commission in writing and return the salesperson's license immediately.
Education: - ANSWERS-Salesperson: 180 core hours of real estate courses with no less than 60
hours of Principles, 30 hours of
Law of Agency, 30 hours of Law of Contracts, 30 hours of electives.
Broker: 900 core hours of real estate courses (60 semester hours) and a minimum of four years
active licensure. Along with the following requirements:
Take a 30 hour course "Real Estate Brokerage"
The applicant must have the signature of the sponsoring broker or brokers for the relevant time
period
Must accrue 3600 points in four of the last five years
o The sale of a single-family home = 300 points
, o A closed purchase or sale of an apartment complex of five or more units = 450 points o Listing
or buyers representation agreements = 10 points
o An executed lease for a residential or commercial property = 50 points
Must have one transaction in each year of the four years in which the applicant is claiming
experience
Transaction Document Verification - ANSWERS-: While the applicant is not required to include
copies of the transaction documents with the broker application, the documents must be
provided to TREC upon request
An unimproved lot is located in the service area of a water supply corporation. The seller is
subject to the notice requirements relating to a service provider. What is the buyer's statutory
remedy if the seller fails to give the written notice REQUIRED by law? - ANSWERS-Terminate the
purchase contract with the seller
To be eligible for a real estate license, an individual MUST - ANSWERS-satisfy the Commission as
to the individual's integrity.
Who can pay money to a licensed salesperson to perform sales activities for a house a broker
has listed for sale? - ANSWERS-The salesperson's sponsoring broker and no one else
According to The Real Estate License Act of Texas, what action is a fair and impartial act for an
intermediary? - ANSWERS-Appointing associated licensees to work with the parties.
As a marketing promotion, a real estate salesperson offers property for sale by lottery. This
practice is - ANSWERS-grounds for suspension or revocation of license.
When the association of a salesperson with the sponsoring broker is terminated, the broker
MUST - ANSWERS-immediately return the salesperson's license to the Commission.
