1
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
- To cover closing costs
- To pay for a home inspection
✔✔B. To show the buyer's good faith intent to purchase
A broker representing the seller owes which type of duty to the buyer?
- Full fiduciary duty
- Legal confidentiality
- Obedience
✔✔C. Honesty and fair dealing
Which of the following would typically be considered real property?✔✔A. A built-in dishwasher 1 / 4
2
- 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
- Title cloud
- License
✔✔B. Easement
A property owner dies intestate and with no heirs. The property will most likely:
- Be sold at auction
- Transfer to the closest neighbor
- Be owned jointly by the city and county
✔✔B. Escheat to the state
Which type of listing gives the greatest protection to a broker?
- Open listing 2 / 4
3
✔✔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
- Legal description
- Delivery and acceptance
✔✔B. Signature of the grantee
What does the term "constructive notice" mean in real estate?
- Notice by direct conversation
- Notice by email
- Notice by advertising
✔✔C. Notice given by recording in public records
Which of the following is most likely considered a fixture?✔✔A. A chandelier attached to the ceiling 3 / 4
4
- 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
- Federal housing agency
- Department of the Treasury
✔✔B. Local city or county government
A salesperson’s license must be held by:
- The local MLS office
- The title company
- The buyer
✔✔B. A sponsoring broker
When must a licensee disclose representation to a potential buyer or seller?
- At the first open house
- / 4