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


Texas Exam Topics Pie Chart


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

Commission Duties And Powers

Chapter 1101 of the Texas Occupations Code pertains to the regulation and licensing of real estate brokers, sales agents and residential service companies.

Licensing

The background check includes a review of an applicant's criminal history records at the state and national levels.

Standards Of Conduct

Brokers must promptly deposit client funds received into the trust account and disburse the funds as authorized by the parties or as required by the terms of the transaction.

Agency / Brokerage

Agents must present all written offers and counteroffers to their clients in a timely manner.

Contracts

Failure to provide the required Seller's Disclosure Notice or providing false or incomplete information may have legal consequences. Buyers may have rights to rescind the contract or seek remedies if they discover undisclosed defects or issues after the purchase.

Special Topics

In the event of the death of a spouse, community property passes to the surviving spouse without the need for probate.

Tuesday's Questions



What is expected of real estate licensees in terms of exercising loyalty as part of their standard fiduciary duties as an agent

A.) Agents must follow the lawful instructions of their clients
B.) Agents must avoid any conflicts of interest that could compromise their client's interests
C.) Agents need to be knowledgeable about the local market and contracts
D.) Agents need to provide information about the property and information that may affect the client's decision-making

Topic: Agency / Brokerage




What is expected of real estate licensees in terms of exercising loyalty as part of their standard fiduciary duties as an agent


Correct Answer:
Agents must avoid any conflicts of interest that could compromise their client's interests


Remember:
Agents must be loyal to their clients and avoid any conflicts of interest that could compromise their ability to represent the client's interests faithfully.



Next Question →

How do the advisory committees contribute to TREC's decision-making processes

A.) By representing real estate licensees needs
B.) By providing legal expertise
C.) By offering a wide range of perspectives and interests
D.) By developing curriculum that educates licensees

Topic: Commission duties and powers


How do the advisory committees contribute to TREC's decision-making processes


Correct Answer:
By offering a wide range of perspectives and interests


Remember:
The advisory committees contribute to TREC's decision-making processes by offering a wide range of perspectives and interests.



Next Question →

What limitation exists on the number of properties an individual can sell without a real estate license within a calendar year

A.) Three properties
B.) Five properties
C.) Seven properties
D.) Ten properties

Topic: Licensing


What limitation exists on the number of properties an individual can sell without a real estate license within a calendar year


Correct Answer:
Five properties


Remember:
An individual can sell up to five properties in a calendar year without holding a real estate license.



Next Question →

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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

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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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