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Texas Real Estate Exam-State Portion (2024 / 2025) Questions with Verified Answers, 100% Guarantee Pass Score $12.99   Add to cart

Exam (elaborations)

Texas Real Estate Exam-State Portion (2024 / 2025) Questions with Verified Answers, 100% Guarantee Pass Score

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  • Course
  • Texas Real Estate
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  • Texas Real Estate

Texas Real Estate Exam-State Portion (2024 / 2025) Questions with Verified Answers, 100% Guarantee Pass Score

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  • October 9, 2024
  • 31
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Texas Real Estate
  • Texas Real Estate
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Texas Real Estate Exam-State Portion.pdf file:///C:/Users/HP/Desktop/New%20fl/Texas%20Real%20Estate%2




Texas Real Estate Exam-State Portion

Questions & Answers


1. Who is responsible for the acts of a salesperson?

Answer The sponsoring broker




2. Failure on the part of the agent to advise the purchaser of real property in writing that

he should have the abstract covering the property examined by an attorney of his own

selection, or that he should be furnished with a policy of title insurance shall

Answer d. preclude payment of, or recovery of, any commission agreed to be paid on the sale




3. An example of gratuitous agency is

Answer b. Working for free




4. All of the following are examples of different ways of giving real estate legal description

EXCEPT





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Answer b. the recorded mailing address




5. The sponsoring broker is responsible to TREC, the public, and the clients for the acts

of

Answer d. his sponsored salespeople




6. TheTexas Real Estate Broker-Lawyer Committee consists of

Answer c. 13 members




7. A handwritten will signed by the testator but not witnessed is known as a(n)

Answer b. holographic will




8. The only person who is allowed to give legal advice is

Answer c. Attorney




9. How does the Texas Real Estate License Act define the first face-to-face meeting?

Answer c. when substantive discussion occurs







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10. An agency relationship is always created at the

Answer a. broker level




11. A guide could be developed by the company to help all licensees learn to make ethical

decisions.

Answer a. True




12. Which of the following is true of the rules and regulations of theTexas Real Estate

Commission?

Answer d. they have the full force and effect of law




13. A real estate license issued by theTexas Real Estate Commission must

Answer c. be prominently displayed by a residential rental locator




14. Land used for agriculture or wildlife management may qualify for an agri- cultural

appraisal. When the land is no longer used for agricultural or wildlife management

rollback tax can occur. The tax is owed by

Answer d. the owner who changed the lands use





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15. TRELA states that to be eligible to receive a real estate license in the state of Texas a

person must

Answer d. satisfy the Commission as to the persons honesty




16. When the TAR Residential Leasing and Property Management Agreement is used the

broker becomes an employee of the owner.

Answer b. False




17. A salesperson

Answer b. May not act as a salesperson until he has a sponsoring broker




18. The real estate exam consists of 110 questions, 80 on the national portion of the test

and 30 on the Texas portion of the test.

Answer a. True




19. Intermediary agency has

Answer d. Replaced dual agency





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