Level 9 Texas Real Estate License Act.pdf file:///C:/Users/HP/Desktop/NIW/Level%209%20Texas%20Real%20E
Texas Real Estate License Act Exam Level 9
Questions & Answers
1. 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
ANS Texas Occupations Code
2. 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
ANS adopt andenforce rules for governing real estate practitioners
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,Level 9 Texas Real Estate License Act.pdf file:///C:/Users/HP/Desktop/NIW/Level%209%20Texas%20Real%20E
3. 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
ANS a person selling their neighbors homefor a fee
4. 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.
ANS Shane helping his friendsell his home for $500,000
5. A person who is employed to rent land by the owner needs a real estatelicense.
a. FALSE
b. TRUE
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ANS False
6. 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.
ANS Trade associationemployees and lobbyists are barred from membership
7. Who designates a broker member of the Commission to serve as a presidingofficer?
a. the governor
b. the mayor
c. the sheriff
d. the district attorney
ANS the governor
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8. How often will you be formally evaluated in the workplace?
a. annually
b. monthly
c. weekly
d. daily
ANS annually
9. What law (chapter) imposes a code of ethics and standard of conduct onmembers of
the Commission?
a. Chapter 572
b. Chapter 1101
c. the NAR Code of Ethics
d. the TREC Canon of Professional Responsibility.
ANS Chapter 572
10. Who is responsible for informing employees of their conduct expectationsand
responsibilities?
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