Texas Real Estate Paper 9

1

Which of the following is the Texas Real Estate Commission NOT empowered to do?






2

Pamela, who lives in a suburb in which many homes are rented, decides to open a rental agency in order to assist her friends in finding suitable renters. Pamela’s conduct is






3

A hairdresser told a broker about a client who was looking for a new house. The broker contacted the hairdresser’s client and sold him a home. May the broker pay the hairdresser for the lead?






4

According to the provisions of the Texas Real Estate License Act, which of the following must be included in every listing agreement or buyer representation agreement?






5

What state agency is responsible for licensing and regulating professional real estate inspectors and their apprentice inspectors?






6

Upon obtaining the seller’s signature on a listing agreement, the broker or salesperson is obligated to






7

For a document to be eligible for recording at the county courthouse, the document must be






8

The rules of the Texas Real Estate Commission prohibit a licensee from creating language and entering it in contract forms that define the legal rights and remedies of the parties. Which of the following would be acceptable language to enter in the “special provision” paragraph of a Texas Real Estate Commission promulgated contract form?






9

What term identifies a broker who has written authority to represent both the buyer and the seller in a real estate transaction?






10

What state law requires leases for more than one year to be reduced to writing and to include a legal description of the property to be occupied by the tenant?






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