texas real estate exam questions and answers

Click it to see your results. Good luck!Premium members get access to this practice exam along with our entire library of lessons taught by subject matter experts. We'll review your answers and create a Test Prep Plan for you based Also available: California Real Estate Practice Exam and the Florida Real Estate Practice Exam. Choose your answers to the questions and click 'Next' to see the next set of questions. Based on your results, we'll create a customized Test Prep Plan just for you! You can skip questions if you would like and come Our real estate exam prep comes with over 500 practice real estate exam questions, and 450 vocabulary test questions with detailed answer explanations, up … Study more effectively: skip concepts you already know and focus on what you still need to learn. Learn vocabulary, terms, and more with flashcards, games, and other study tools. to them later with the yellow "Go To First Skipped Question" button. In this simple course, which includes both the Texas state and VUE question and answer exam prep study guide, not only will you learn to pass the state licensing exam, you will also learn:2020 Florida Real Estate Exam Prep Questions, Answers & Explanations: Study Guide to Passing the Sales Associate Real Estate License Exam Effortlessly2020 California Real Estate Exam Prep Questions, Answers & Explanations: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly2020 Michigan PSI Real Estate Exam Prep Questions & Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly2020 Virginia PSI Real Estate Exam Prep Questions & Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly2020 New York Real Estate Exam Prep Questions & Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly2020 Hawaii PSI Real Estate Exam Prep Questions & Answers: Study Guide to Passing the Salesperson Real Estate License Exam Effortlessly Be sure you’re solving the entire problem. I’ve seen some students finish step 1 in Option#1 to get the difference in the starting and new index (1.5-1.2 =.3) and then skip the 2nd step and move right to step 3 $25 x .3 = $7.5. A licensee can dispute the alleged violation through an alternative dispute resolution by requesting _____.If a real estate licensee or broker receives a violation from the Texas Real Estate Commission, they have _____ to respond.If the licensee is deemed to have violated a statute or rule of the Texas Real Estate Commission, disciplinary action is determined by the _____.The National Association of Realtors Code of Ethics states that when selling or leasing a real property, the realtor must NOT volunteer any information about the _____ composition of the neighborhood.Instead of adopting the Unauthorized Practice of Law, Texas has the _____.It is legal to give a gift to someone who is not a licensed real estate agent, as long as the value does not exceed:The 'statute of frauds' laws requires that real estate contracts need to be _____ to be considered valid.What is the most common method of making change to a real estate contract?Making changes by striking, inserting and initialing changes in penDesign a new custom contract that is tailored to certain circumstancesWhat is the Seller's Disclosure of Property Conditions form?Which of the following is under the minimal services rule?Compensation agreements can apply in any of the following ways EXCEPT:Compensation is negotiated through the MLS and stipulated by the seller's brokerCompensation agreements are binding and must be put in writingCompensation is negotiated through the MLS and stipulated by the buyer's brokerDisclosure packets must include which of the following:_____ does not need a Texas real estate license to represent a client in a transaction in the state of Texas.Part of the licensing process in Texas requires that applicants _____.If a real estate licensee in Texas goes by the name 'Mike,' and the name on his license is 'Anthony Michael Smith,' the licensee _____.What is the primary purpose of the Texas Real Estate Commission?The Real Estate Recovery Trust Account provides _____.A method for licensed agents to save for retirementA method for commissioners to pay for training for brokers and agentsA method for consumers to donate money to the homelessWhat does the Texas Real Estate Commission regulate?Creation of the laws regarding real estate ownershipIn Texas, a landlord must return the security deposit within _____ days of termination of a lease.What is the most important step in a real estate transaction?The relationships between tenants and landlords in Texas are regulated by _____.The long term nursing facilities are available only to _____Texas veterans, surviving spouses, and Gold Star parents.Texas veterans, surviving spouses, and Texas Rangers' retirees.Texas Veterans and their surviving spouses and children.A licensed real estate professional can be a VLB Participating Real Estate Professional if _____The first type of loans offered by VLB were for _____If a homeowner refuses to settle a lien, a contractor or other tradesperson, can _____.A mortgage servicer send a breach letter, after _____ days, informing the homebuyer that the loan is in default.What is not a ground for of suspension or revocation of a real estate license?If a license was obtained through fraud, deceit or misrepresentationIf the licensee is guilty of fraud, misrepresentation or dishonestyNot producing any documents or information regarding the real estateWhat is the most common form of residential sales contract? appear. When you have completed the practice exam, a green submit button will Choose your answers to the questions and click 'Next' to see the next set of questions. Free Practice Test (Question ID #127) Insurance companies not willing to deal directly with borrowers usually pay a loan servicing and preparation fee, and make real estate mortgage loans to purchase indirectly through:

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