Free practice test for texas real estate license
Dual agency is legal in Texas and occurs when there is an intermediary broker relationship. Stella has completed hours of a Texas sales agent pre-licensing course. What will she need to do next in order to take the licensing examination?
Stella must complete an additional 30 hours of pre-licensure education. Texas licensing law requires hours of classroom education 60 hours of principles of real estate and hours four 30 hour courses on agency, real estate finance, contract forms and contract law. When she is ready to take the exam, Stella must schedule an appointment to take the examination.
She cannot just show up at a test center on a test date unannounced. Since she has not yet passed the exam, buying business cards is premature. A Texas military spouse is not exempt from all of the Texas licensing requirements, but the application will be expedited if the spouse is licensed in another state that has similar licensing requirements. Also, an alternate competency test may be provided aside from basing licensure on the standard licensing exam, experience and education, and the applicant may be re-licensed if they have an expired Texas license.
Pass the Texas real estate examination! Our Texas Salesperson real estate tests have detailed answer explanations not available on any other practice real estate test prep sites! Aside from explaining the correct answers, we also explain the wrong answers to enable you to master the material as part of our trademarked Exhaustive Learning Technique, so you will understand why you got the answer wrong and to help solidify your understanding of the issues addressed to make it second nature.
All above information should be confirmed with licensing commission. Toggle navigation. Texas Real Estate Practice Exams. Can't find the state test you are looking for? Find Your State's Tests. Your Texas real estate exam results are also broken down by the actual TX real estate test topics to best prepare you to pass! You have already completed the quiz before. Hence you can not start it again. Quiz is loading You must sign in or sign up to start the quiz.
Results Time has expired! Your Score. We're sorry Texas Free Trial Test. Start Now. Ownership of real property for an undetermined length of time is called:. Another name for an easement is:. What is another name for swamps, marshes and bogs? A qualified home is a primary or main home for mortgage interest deduction purposes. The profit realized from the sale of real estate held for 3 years is:.
Hint Capital gains represent the profits on a capital investment, such as real estate. Which of the following is true about Texas intermediary brokers? Can a Texas broker complete a promulgated contract? Generally, you can expect that your state real estate agent license exam will consist of multiple-choice questions about general real estate concepts and questions specific to state licensing laws.
Most states administer the tests in two parts, and require that the candidate pass both. Learn vocabulary, terms, and more with flashcards, games, and other study tools. You receive a phone call from a prospect you spoke with weeks ago and they are now ready to list their home located in Texas.
You list the property the next night and before you put up your sign, the neighbors, Mr. Adams, call and ask you to represent them to make an offer on the house. What is your next step? You ask both buyer and seller to sign a Notice of Intermediary Relationship, disclosing that you are representing both parties and will now be an intermediary. You show the home to Mr. Adams and wait to tell them you are the listing agent until you see if they are really interested.
You must tell Mr. Adams that you cannot represent them since you represent the seller. You show the home to the Adams and then write an offer. When you present it to the seller, you mention at the end of the presentation that you represent the Adams too.
What type of listing reserves the right for an exclusive agent to find a buyer and receive a commission and also allows the seller to find a buyer herself without having to pay a commission? Open Listing. Exclusive Right to Sell Listing. Net Listing. Exclusive Agency Listing. A single-family home being considered by the Powers Family has two parts which are joined by a breezeway that has no HVAC.
The bedroom wing has five bedrooms and two bathrooms and is 40' wide and 40' long. The breezeway is 6' wide and 5' long. The living area wing has a living room, dining room, kitchen and laundry room. It is 30' wide and 40' long.
What is the gross living area GLA of the home? GLA Incorrect answer. Harry Blackwell owned ten acres on Leaf Creek Dr. The local animal shelter was in need of land to build a new facility for their growing menagerie. Blackwell, an animal lover, granted his property to the shelter with the condition that it revert back to him or his estate if the shelter ever opted out of its "no kill" policy.
What type of estate did Mr. Blackwell create? Pearl wanted to buy her first home in Texas. Her neighbor referred her to his favorite real estate agent, Paula. Pearl and Paula met on Saturday and Paula advised Pearl on local market conditions and then offered to show her a few properties.
Next Paula asked Pearl to sign an agreement to establish their working relationship. Which of the following is the agreement Paula used? A typical Buyer Representation Agreement was signed by a buyer and his agent.
The agent found a home the buyer wants to purchase but the seller is refusing to pay the buyer's agent a commission. According to the Buyer Representation Agreement, who will ultimately pay the buyer's agent if the buyer proceeds with that house? What year represents the last year that a home may have been constructed using paint containing lead? In mortgage lending jargon, a monthly mortgage payment consists of PITI.
Mi Wu, a landlord, was standing in the front yard of her new property, a duplex in Texas. She saw that Apex Lawncare was mowing next door and when they took a break, she asked one of the workers if they had time to mow her lawn.
He answered that they would be delighted to mow her yard too and 30 minutes later they began working at Mi's place. This is an example of:. All of the following are hazardous conditions that may affect the health or safety of a residential property owner and must be disclosed if known by a seller in Texas, except:.
What does it mean if a person dies "testate" under the Texas Estates Code? He did not leave a will. His heirs will contest his will. He forgot to sign his will. He left a will. Ernie, a licensed realtor, signed a buyer representation agreement with Nelda. They began looking at homes. Nelda found one home online and asked Ernie to show her the property. Ernie realized that the listing was one that he had turned down because the seller would not disclose that the property had flooded during the last storm.
The weather was beautiful, dry and sunny the day he showed it to Nelda so Ernie did not mention the flood. What rule of ethics, if any, did Ernie violate? Ernie did not violate any rules. The time limit for an question national practice exam is 2.
We'll review important topics from all six pre-license courses, including:. Menu Sign-in. Free Texas Real Estate Exam Prep To pass the Texas real estate licensing exam, you will need to be knowledgeable on both state and national information with a real estate fundamentals practice test. Next Question. Question 2: What is the statute of limitations for the submission of consumer complaints to the Texas Real Estate Commission?
Explanation The statute of limitations for the submission of consumer complaints to the Texas Real Estate Commission is four years. Question 3: What is eminent domain? Question 4: Which of these is a set of regulations pertaining to building design, materials, safety, sanitation, and structure?
Explanation Building code is a set of regulations pertaining to building design, materials, safety, sanitation, and structure. Explanation A bill of sale must be used to transfer personal property. Question 6: What does severalty mean? Explanation Property that is owned by a single individual is sometimes referred to as being held in severalty.
Explanation Consideration, lawful objective, mutual consent, competent parties, and adherence to the statute of frauds are the five requirements for a valid contract. Explanation All listing agreements must have a termination or expiration date. Question 9: What is a court order requiring all parties to carry out the promises stipulated in a contract?
Explanation Suing for specific performance results in a court order requiring all parties to carry out the promises stipulated in a contract.
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