2024 Edition

Texas Real Estate Practice Exam

Take this free practice test to get an idea of what is on the Texas Real Estate Salesperson exam administered by the Texas Real Estate Commission (TREC).  The actual exam has 125 questions and 2 hours 30 minutes is given to complete it.  Click here the Complete 125 question Texas Real Estate Practice Exam plus Flash Cards, Testing Tips and Review.

Texas Real Property Characteristics and Legal Descriptions

1. The Smiths found a home they love and asked their agent to write an offer. Their agent informs them that the sellers are taking a fixture from the dining room and moving it to their new home. What are the sellers removing from the home?
2. 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?

Texas Forms of Ownership, Transfers and Recording of Title

3. Which of the following forms of ownership is best described as "individual ownership"?
4. 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. Mr. 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?

Texas Property Value and Appraisal

5. The economic concept of scarcity is best explained by which example?
6. A local developer saw a two-story office building with a "For Sale" sign. He called the listing agent and asked him to find out the annual net operating income (NOI). Which of the following expresses NOI?
7. What does it mean if an appraisal states that a property is not currently at its "highest and best use"?
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8. Which of the following is used by real estate agents to determine the value of a property by comparing similar listed and sold properties?

Texas Real Estate Contracts and Agency

9. 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?
10. 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?
11. 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:
12. All of the following are a part of Paragraph 5: Earnest Money and Termination Option in the TREC promulgated One to Four Family Residential Contract (Resale), pertaining to the buyer's option to terminate, except:

Texas Real Estate Practice

13. 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. and Mrs. Adams, call and ask you to represent them to make an offer on the house. What is your next step?
14. 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?

Texas Standards of Conduct

15. 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?
16. Which of the following is on the "laundry list" of the Texas Deceptive Trade Practice Act (DTPA)?

Texas Property Disclosure and Environmental Issues

17. What year represents the last year that a home may have been constructed using paint containing lead?
18. 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:

Texas Financing and Settlement

19. The best explanation for the meaning of "conventional loan":
20. In mortgage lending jargon, a monthly mortgage payment consists of PITI. Which of the following is NOT a component of PITI?
21. Esther and Mike owned their home in Texas for ten (10) years. They both lost their jobs and were unable to make their mortgage payments for more than a year. Their agent assisted them with completing a short sale. What did the agent do?

Texas Commission Duties and Powers and Licensing

22. Which of the following are NOT duties or powers of the Texas Real Estate Commission (TREC)?
23. A person needs a Texas real estate license to perform all of the following acts, except:

Texas Special Topics

24. What does it mean if a person dies "testate" under the Texas Estates Code?
25. Which of the following is a true statement about Texas Homestead Protection law?

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Quality starts with who wrote the material.
Our practice exam writer
Lisa Risco

Lisa is a licensed real estate broker from Pennsylvania who teaches real estate classes at the Polley Associates School of Real Estate.  She has worked with Re/Max and Century 21 in Philadelphia. Lisa received her MBA degree from Eastern University.
Our material is specific to the Pennsylvania Real Estate Salesperson Exam, covering both the National and State sections with these content areas: 
  • Legal Descriptions
  • Property Use
  • Forms of Ownership
  • Recording of Title
  • Property Appraisal
  • Contracts
  • Agency
  • Financing
  • Transfer of Property
  • Disclosures
  • Settlment
  • Real Estate Practice
  • and more..