Texas Real Estate Exam- State Portion | Complete Questions & Answers
Question: Who is responsible for the acts of a salesperson?
Correct answer: The sponsoring broker
Question: What happens if an agent fails to advise the
purchaser of real property in writing that he should have the
abstract examined by an attorney or be furnished with a
policy of title insurance?
Correct answer: Preclude payment of, or recovery of, any
commission agreed to be paid on the sale
Question: Which of the following is an example of gratuitous
agency?
Correct answer: Working for free
Question: Which of the following are examples of different
ways of giving real estate legal description EXCEPT?
Correct answer: The recorded mailing address
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