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Exam (elaborations)

Texas Principles of Real Estate 1 Questions with Answers

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  • Module
  • Texas Principles of Real Estate 1
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  • Texas Principles Of Real Estate 1

- A respondent of a HUD fair housing complaint has how many days to submit a response...? 5 10 15 30 - The 'C' in the acronym C.O.A.L.D. stands for which fiduciary duty...? Consideration Co-sign Care Conditional - Which of the following property descriptions is not used in the State of Te...

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  • August 11, 2024
  • 67
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Texas Principles of Real Estate 1
  • Texas Principles of Real Estate 1
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Texas Principles of Real Estate 1
- ✔✔A respondent of a HUD fair housing complaint has how many days to submit a response...?



5

10

15

30



- ✔✔The 'C' in the acronym C.O.A.L.D. stands for which fiduciary duty...?



Consideration

Co-sign

Care

Conditional



- ✔✔Which of the following property descriptions is not used in the State of Texas...?

Government Survey

Metes and Bounds

Lot and Block

All of the above



- ✔✔Who administers the Texas Real Estate License Act...?



U.S. Attorney General

National Association of Realtors

Texas Real Estate Commission

Texas Association of Realtors

,- ✔✔Who administers the Texas Real Estate License Act...?



U.S. Attorney General

National Association of Realtors

Texas Real Estate Commission

Texas Association of Realtors



10 acres - ✔✔In Texas, what is the limitation on homesteads in urban areas...?



10 acres

15 acres

50 acres

100 acres



100 - ✔✔Based on the Texas Fair Housing Act of 1989, the Texas Workforce Commission has
.......................... days to investigate a fair housing complaint?



30

45

60

100



12 - ✔✔A fair housing complaint should be filed within ................................. months of the incident?



12

24

36

48

,13 - ✔✔The Texas Real Estate Broker Lawyer Committee consists of how many members...?



6

7

11

13



144 square inches - ✔✔1 square foot is equal to...?

144 square inches

640 square inches

1,000 square inches

100 square inches



18 - ✔✔In order to obtain a real estate license, an applicant must be at least how many years of age...?

18

20

21

22



1978 - ✔✔Lead based paint can be found in buildings built prior to...?



1964

1978

1988

1991



2 - ✔✔An action for judgment for order of payment from the Real Estate Recovery Trust Account must
be made within .......... years of the cause of action?

, 2

3

4

7



2 - ✔✔Real estate licenses are issued for a period not to exceed how many years...?

1

2

3

4



2 years - ✔✔TREC may renew a real estate license for no more than...?



1 year

2 years

3 years

4 years



20 - ✔✔If the replacement cost of an item with a 5 year life span is $100, and it is 4 years old, what is
the actual cash value of the item...?



200 acres - ✔✔In Texas, what is the limitation on homesteads of a family in rural areas...?



10 acres

50 acres

100 acres

200 acres

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