100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Level 9 Texas Real Estate License Act Exam Practice Questions and Answers $12.49   Add to cart

Exam (elaborations)

Level 9 Texas Real Estate License Act Exam Practice Questions and Answers

 8 views  0 purchase
  • Course
  • Texas Real estate
  • Institution
  • Texas Real Estate

Level 9 Texas Real Estate License Act Exam Practice Questions and Answers 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 - Answer️️ -Texas Occupations Code What is ...

[Show more]

Preview 3 out of 18  pages

  • September 16, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Texas Real estate
  • Texas Real estate
avatar-seller
SophiaBennett
©SOPHIABENNETT_2024/2025 EXAM SERIES Monday, September 2, 2024 9:52 AM



Level 9 Texas Real Estate License Act
Exam Practice Questions and Answers

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 - Answer✔️✔️-Texas Occupations Code

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 - Answer✔️✔️-adopt

and enforce rules for governing real estate practitioners

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 - Answer✔️✔️-a person selling their neighbors

home for a fee

Which of these actions requires a real estate license to legally perform?

a. Shane helping his friend sell his home for $500,000.


Page | 1

, ©SOPHIABENNETT_2024/2025 EXAM SERIES Monday, September 2, 2024 9:52 AM


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. - Answer✔️✔️-Shane helping his

friend sell his home for $500,000

A person who is employed to rent land by the owner needs a real estate license.

a. FALSE

b. TRUE - Answer✔️✔️-False

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. - Answer✔️✔️-Trade

association employees and lobbyists are barred from membership

Who designates a broker member of the Commission to serve as a presiding officer?

a. the governor

b. the mayor

c. the sheriff

d. the district attorney - Answer✔️✔️-the governor

How often will you be formally evaluated in the workplace?

a. annually

b. monthly

c. weekly

d. daily - Answer✔️✔️-annually

Page | 2

, ©SOPHIABENNETT_2024/2025 EXAM SERIES Monday, September 2, 2024 9:52 AM


What law (chapter) imposes a code of ethics and standard of conduct on members of

the Commission?

a. Chapter 572

b. Chapter 1101

c. the NAR Code of Ethics

d. the TREC Canon of Professional Responsibility. - Answer✔️✔️-Chapter 572

Who is responsible for informing employees of their conduct expectations and

responsibilities?

a. commissioners

b. supervisors

c. managers

d. department heads - Answer✔️✔️-commissioners

Promulgated contracts are prepared by:

a. TREC

b. agents

c. lawyers hired by brokerages

d. ONLY attorneys - Answer✔️✔️-TREC

What is one instance in which the commission allows license holders to use alternatives

to the required, or promulgated, forms?

a. If the alternative form is prepared by the property owner themselves.

b. If the promulgated form is unavailable.

c. If the promulgated form has not recently been updated.




Page | 3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller SophiaBennett. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76799 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart