Level 9 Texas Real Estate License Act Exam Questions With Revised Answers
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Course
Texas Real estate
Institution
Texas Real Estate
Level 9 Texas Real Estate License Act Exam
Questions With Revised Answers
The Texas Real Estate License Act is Chapter 1101 of the:
a. Texas Occupations Code
b. Texas Statute of Frauds
c. Texas Fair Housing Laws
d. Texas Federal Real Estate Act - answerTexas Occupations Code
What is a main f...
Level 9 Texas Real Estate License Act Exam
Questions With Revised Answers
The Texas Real Estate License Act is Chapter 1101 of the:
a. Texas Occupations Code
b. Texas Statute of Frauds
c. Texas Fair Housing Laws
d. Texas Federal Real Estate Act - answer✔✔Texas Occupations Code
What is a main function of the Texas Real Estate Commission?
a. adopt and enforce rules for governing real estate practitioners
b. mediate commission disputes between brokers
c. generate a source of income for the state
d. provide low-interest loans for low-income, first-time homebuyers - answer✔✔adopt and
enforce rules for governing real estate practitioners
Which of the following people would need a real estate license?
a. a person selling their neighbor's home for a fee
b. an on-site apartment manager
c. a homeowner selling their own home
d. the receptionist at an attorney's office - answer✔✔a person selling their neighbors home for a
fee
Which of these actions requires a real estate license to legally perform?
a. Shane helping his friend sell his home for $500,000.
b. Jenny selling her own home for $175,000.
c. Callie buying a home for $205,000.
d. Michael renting a room in his house for $300/month. - answer✔✔Shane helping his friend sell
his home for $500,000
A person who is employed to rent land by the owner needs a real estate license.
a. FALSE
b. TRUE - answer✔✔False
What categories of people are barred from serving on the Commission?
a. Trade association employees and lobbyists are barred from membership.
b. Active brokers and salespersons are barred from membership.
c. No, anyone can become a member if they meet the other qualifications.
d. Builders and developers are barred from membership. - answer✔✔Trade association
employees and lobbyists are barred from membership
Who designates a broker member of the Commission to serve as a presiding officer?
a. the governor
b. the mayor
c. the sheriff
d. the district attorney - answer✔✔the governor
How often will you be formally evaluated in the workplace?
a. annually
b. monthly
c. weekly
d. daily - answer✔✔annually
What law (chapter) imposes a code of ethics and standard of conduct on members of the
Commission?
a. Chapter 572
b. Chapter 1101
c. the NAR Code of Ethics
d. the TREC Canon of Professional Responsibility. - answer✔✔Chapter 572
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