TEXAS STATE PORTION REAL ESTATE EXAM 2026 ACTUAL QUESTIONS WITH VERIFIED ANSWERS, 100% GUARANTEE PASS SCORE

TEXAS STATE PORTION REAL ESTATE EXAM 2026 ACTUAL QUESTIONS WITH VERIFIED ANSWERS, 100% GUARANTEE PASS SCORE

Who is responsible for any wrongs done by a salesperson while
acting within the scope of the agency agreement?
ANSWER: The broker is liable for the wrongdoing of his or her
salespersons. The principal is liable for any wrongs committed
by the broker while acting within the scope of the agency
agreement.
What is the distinction between sales contracts and option
contracts?
ANSWER: One characteristic of sales contracts is mutual
obligation. Option contracts lack mutual obligation. The buyer
in an option contract is not obligated to buy.
A listing agreement must contain:
ANSWER: a standard street address is sufficient.
If the commission investigates a complaint and determines that
an individual's real estate license should be suspended or
revoked, the licensee is entitled to a hearing before the 

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