Texas State Portion Real Estate Exam Actual Questions with Verified Answers, 100% Guarantee Pass Score

Texas State Portion Real Estate Exam Actual Questions with Verified Answers, 100% Guarantee Pass Score

Question 1: Who is responsible for any wrongs done by a
salesperson while acting within the scope of the agency
agreement?
Correct 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.
Question 2: What is the distinction between sales contracts and
option contracts?
Correct 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.
Question 3: A listing agreement must contain:
Correct answer: a standard street address is sufficient.
Question 4: If the commission investigates a complaint and
determines that an individual's real estate license should be 

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