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The Key To Passing The Texas Real Estate Exam Is Understanding The Topic Areas


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Saturday's Key Points
Key Points are important bulletpoints that relate to state exam topics.

Commission Duties And Powers

The Texas Appraiser Licensing and Certification Act (TALCA) sets forth the regulations and requirements for licensing and certification of real estate appraisers in the state of Texas.

Licensing

TREC requires aspiring inspectors to complete approved pre-licensing education courses. These courses cover topics such as property inspections, report writing, building systems, and codes.

Standards Of Conduct

Failing to meet continuing education requirements, lacking knowledge or competence in real estate practices, or engaging in negligent conduct that harms clients are grounds to suspend or revoke a real estate license.

Agency / Brokerage

The specific details of the commission split, such as the percentage allocated to the salesperson and the broker, are typically outlined in a written agreement between the parties.

Contracts

The seller of a residential property served by a water well must provide a water well disclosure notice to the buyer.

Special Topics

Texas law allows individuals to create advanced directives, such as a durable power of attorney, medical power of attorney, and living wills to express their wishes regarding healthcare decisions and appoint agents to act on their behalf if they become incapacitated.

Saturday's Questions

What type of criminal convictions may result in automatic suspension or revocation of a real estate license in Texas


A.) Domestic violence allegation
B.) Fraud, theft, or felony offenses
C.) Any criminal convictions
D.) Civil infraction convictions


A
B
C
D

Standards of conduct




What type of criminal convictions may result in automatic suspension or revocation of a real estate license in Texas


Correct Answer:
Fraud, theft, or felony offenses

Serious crimes like fraud, theft, or felony offenses will lead to license suspension or revocation.



Next Question →

Which of the following would be the best description of the unauthorized practice of law in the context of real estate


A.) Providing legal interpretations or opinions
B.) Preparing and completing a real estate contract for a complex deal
C.) Offering real estate consultations to third parties
D.) Work collaboratively with an attorney


A
B
C
D

Standards of conduct




Which of the following would be the best description of the unauthorized practice of law in the context of real estate


Correct Answer:
Providing legal interpretations or opinions

Unauthorized practice of law includes providing legal interpretations or opinions on specific legal issues or questions.



Next Question →

What happens if a licensee completes CE more than 60 days after the license expiration date


A.) License is revoked
B.) $100 late reporting fee
C.) $200 late reporting fee
D.) $250 late reporting fee


A
B
C
D

Licensing




What happens if a licensee completes CE more than 60 days after the license expiration date


Correct Answer:
$250 late reporting fee

If CE is completed more than 60 days after the expiration date, the licensee is subject to an additional late reporting fee of $250.



Next Question →

Great Job!!!

There are two sides to the state exam:
Knowing the topics
Answering the questions


Our Salesperson Specific Exams will reinforce topics by utilizing over 2,000 questions & our Broker Specific Exams feature over 3,000 questions!

Crash Courses: Designed to help you understand the topics on the state exam.

Practice Exams: Reinforce topics and make it easier to recognize them in questions.



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