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


Texas Exam Topics Pie Chart


Monday's Key Points
Key Point's are important bullet points that relate to Texas state exam topic areas.

Commission Duties And Powers

Chapter 1102 of the Texas Occupations Code outlines the responsibilities of real estate inspectors in terms of evaluating the condition of properties, identifying defects or issues, and communicating the findings to clients in a clear and timely manner.

Licensing

The salesperson, along with the new sponsoring broker, must complete and submit a Change of Sponsorship form to the TREC.

Standards Of Conduct

The unauthorized practice of law generally refers to providing legal advice or services without a license to practice law.

Agency / Brokerage

Seller's Agent: Represents the seller and acts in their best interest.

Contracts

The completed Seller's Disclosure Notice must be provided to the buyer before the buyer is obligated to purchase the property under a contract.

Special Topics

The VLB offers low-interest loans to purchase land, build a home, or finance the purchase of an existing home.

Monday's Questions



In the state of Texas, what is the statutory right of redemption for borrowers after a non-judicial foreclosure sale

A.) Unlimited right of redemption.
B.) Six month right of redemption.
C.) One year right of redemption.
D.) There is no statutory right of redemption in Texas.

Topic: Special topics





In the state of Texas, what is the statutory right of redemption for borrowers after a non-judicial foreclosure sale


Correct Answer:
There is no statutory right of redemption in Texas.


Remember:
In Texas, there is no statutory right of redemption for the borrower after a non-judicial foreclosure sale.



Next Question →

When a broker discovers an unexplained trust account overage, how long do they have to report the overage to TREC

A.) 10 days
B.) 30 days
C.) 60 days
D.) 90 days

Topic: Standards of conduct



When a broker discovers an unexplained trust account overage, how long do they have to report the overage to TREC


Correct Answer:
10 days


Remember:
Brokers must report an unexplained overage to TREC within 10 days of discovery.



Next Question →

What is the consequence of failing to provide the required SDN or providing false information

A.) The buyer must pay a higher purchase price
B.) The buyer may have the right to sue for emotional distress
C.) The buyer may have rights to rescind the contract or seek remedies
D.) The buyer is obligated to complete the purchase without any recourse

Topic: Contracts



What is the consequence of failing to provide the required SDN or providing false information


Correct Answer:
The buyer may have rights to rescind the contract or seek remedies


Remember:
Failure to provide the SDN or providing false information may give the buyer the right to rescind the contract or seek remedies.



Next Question →

Great Job!!!

We Strongly Believe That Passing The Texas State Exam Involves Two Key Areas:
· Understanding The Topics On The State Exam
· Recognizing These Topics In The Questions

Our real estate exam system will reinforce topics by utilizing questions specific to the Texas real estate exam.

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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