Texas Real Estate National Exam Test

EXAM ELABORATIONS Sep 2, 2025
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Texas Real Estate National Exam Test Prep Multiple Choice Questions and Answers | Latest Version | 2025/2026 | Correct & Verified

What is the primary purpose of an earnest money deposit in a real estate transaction?

  • To pay the listing agent’s commission
  • ✔✔B. To show the buyer's good faith intent to purchase

  • To cover closing costs
  • To pay for a home inspection

A broker representing the seller owes which type of duty to the buyer?

  • Full fiduciary duty
  • Legal confidentiality
  • ✔✔C. Honesty and fair dealing

  • Obedience

Which of the following would typically be considered real property?✔✔A. A built-in dishwasher 1 / 4

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  • A stackable washer and dryer
  • A lawnmower stored in the shed
  • A patio table

What is the legal concept that allows a property owner to use a neighbor’s land for access?

  • Encroachment
  • ✔✔B. Easement

  • Title cloud
  • License

A property owner dies intestate and with no heirs. The property will most likely:

  • Be sold at auction
  • ✔✔B. Escheat to the state

  • Transfer to the closest neighbor
  • Be owned jointly by the city and county

Which type of listing gives the greatest protection to a broker?

  • Open listing 2 / 4

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✔✔B. Exclusive right to sell

  • Net listing
  • Exclusive agency listing

Which of the following is **NOT** a requirement of a valid deed?

  • Signature of the grantor
  • ✔✔B. Signature of the grantee

  • Legal description
  • Delivery and acceptance

What does the term "constructive notice" mean in real estate?

  • Notice by direct conversation
  • Notice by email
  • ✔✔C. Notice given by recording in public records

  • Notice by advertising

Which of the following is most likely considered a fixture?✔✔A. A chandelier attached to the ceiling 3 / 4

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  • A potted plant on the porch
  • A movable bookshelf
  • A wall mirror hanging on a nail

Which government entity typically regulates zoning laws?

  • State legislature
  • ✔✔B. Local city or county government

  • Federal housing agency
  • Department of the Treasury

A salesperson’s license must be held by:

  • The local MLS office
  • ✔✔B. A sponsoring broker

  • The title company
  • The buyer

When must a licensee disclose representation to a potential buyer or seller?

  • At the first open house
  • / 4

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Category: EXAM ELABORATIONS
Added: Sep 2, 2025
Description:

Texas Real Estate National Exam Test Prep Multiple Choice Questions and Answers | Latest Version | | Correct & Verified What is the primary purpose of an earnest money deposit in a real estate tran...

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