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Level 9 Texas Real Estate License Act Exam Practice Questions and Answers £10.18   Add to cart

Exam (elaborations)

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

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  • Module
  • 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 ...

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  • September 16, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Texas Real estate
  • Texas Real estate
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©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.


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, ©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

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, ©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.




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