
Principals Exam (version 2)
Authored by James Marshall
Professional Development
12th Grade
Used 17+ times

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60 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An agent works on behalf of
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
TRELA
enforces the License Act.
may appoint an administrator for the TREC.
is a primary law that regulates the conduct of the real estate licence holders.
is the law established by the TREC in the rule-making authority.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Texas Real Estate Commission
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who engages an agent to represent her interests in a transaction is called a client, or
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A listing agent tells a buyer-customer that the seller is under pressure to sell because of a recent contract to purchase another house in Idaho. Such disclosure is
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A material fact is one that
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Two people own a house, each having an undivided equal interest. Which of the following best describes what they own?
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