Real estate agency and fiduciary duties
Review how agency relationships create duties such as loyalty, disclosure, reasonable care, confidentiality, and obedience to lawful instructions.
Practice
Free Texas exam prep practice
Texas Real Estate Salesperson Practice
Practice selected Real Estate Salesperson questions, check your answers instantly, and review clear explanations before test day.
Industry
Real Estate
Practice content for real estate licensing exams, starting with state-specific salesperson exam prep.
Exam
Real Estate Salesperson
Sample practice materials for property ownership, agency, contracts, financing, fair housing, valuation, transfer, and state real estate licensing concepts.
State practice
Texas
These questions are original practice material for study and review only.
Practice question
Question 1 of 10
Texas · Real Estate Salesperson
agencyfiduciary-dutiestexas-regulation
A Texas sales agent is preparing seller representation materials under a sponsoring broker. Which duty best fits the agency relationship?
AI explanation
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Study guide
Texas Real Estate Salesperson study guide
Use this guide with the practice flow above. The goal is not to memorize answers, but to recognize how agency, disclosure, contract, financing, ownership, fair housing, and Texas licensing concepts appear in question form.
Disclosures and material facts
Focus on identifying known facts that could affect a buyer's decision, especially property condition issues and required transaction disclosures.
Contracts and purchase agreements
Practice offer, acceptance, consideration, competent parties, lawful purpose, contingencies, and other concepts that make real estate agreements enforceable.
Financing and settlement basics
Review loan-to-value, escrow, closing steps, earnest money, and how funds and documents move through a transaction.
Property ownership, title, and transfer
Know the difference between deeds, title, ownership interests, valuation methods, and documents that do not transfer ownership.
Texas regulation and fair housing
Texas-focused review should include licensing responsibilities, advertising rules, fair housing, consumer protection, and regulator guidance.
Sample questions
Try these Texas Real Estate Salesperson sample questions
Use these sample questions to check your readiness. Each one includes the correct answer and a short explanation. Start the interactive practice above to work through the full 10-question set with answer feedback and optional AI help.
1. A Texas sales agent is preparing seller representation materials under a sponsoring broker. Which duty best fits the agency relationship?+
A.Act with loyalty, reasonable care, and appropriate disclosure within the agency relationship
B.Promise that a buyer's lender will approve the loan
C.Set the final appraised value for the lender
D.Ignore known property condition information
Correct answer: A. Act with loyalty, reasonable care, and appropriate disclosure within the agency relationship
Explanation: Agency duties include loyalty, reasonable care, and appropriate disclosure. A Texas sales agent does not control lender approval, lender appraisals, or known material issues.
2. A seller tells a Texas sales agent about prior foundation movement that is not obvious during showings. What should guide the agent's response?+
A.Wait until after closing to see whether the buyer complains
B.Address known material information through appropriate disclosure and broker guidance
C.Advertise the property as condition-free without qualification
D.Remove inspection references from the transaction file
Correct answer: B. Address known material information through appropriate disclosure and broker guidance
Explanation: Known material property condition information should not be concealed. Disclosure obligations and sponsoring broker guidance help prevent misleading omissions.
3. A candidate is reviewing the Texas agency tied to real estate license regulation and sales agent sponsorship. Which organization is most relevant?+
A.A county appraisal district only
B.A private mortgage lender
C.Texas Real Estate Commission
D.A homeowners association board only
Correct answer: C. Texas Real Estate Commission
Explanation: The Texas Real Estate Commission is associated with Texas real estate licensing and regulation. Other entities may affect transactions or property records, but they are not the state licensing commission.
4. A Texas broker receives earnest money connected to a signed purchase contract. Which handling principle is most appropriate?+
A.Treat the money as the sales agent's personal compensation
B.Use the money to pay unrelated brokerage bills
C.Ignore the funds until a dispute occurs
D.Handle the funds according to contract terms, trust-account rules, and broker procedures
Correct answer: D. Handle the funds according to contract terms, trust-account rules, and broker procedures
Explanation: Earnest money and similar entrusted funds require careful handling under the written agreement, trust-account requirements, and responsible broker procedures.
5. A Texas property sells for $350,000. If one commission side is 3% of the sale price, what is that commission amount?+
A.$10,500
B.$3,500
C.$35,000
D.$105,000
Correct answer: A. $10,500
Explanation: Multiply the sale price by 3%. $350,000 × 0.03 = $10,500.
6. A seller signs an instrument intended to convey ownership of real property to a buyer. Which document most commonly performs that transfer?+
A.Open house flyer
B.Deed
C.Loan advertisement
D.Showing appointment log
Correct answer: B. Deed
Explanation: A deed is commonly used to transfer title to real property. Marketing materials and appointment records do not convey ownership interests.
7. An appraiser compares a subject home with recently sold similar homes and adjusts for differences. Which valuation approach is being used?+
A.Cost approach only
B.Income capitalization approach only
C.Sales comparison approach
D.Trust-account approach
Correct answer: C. Sales comparison approach
Explanation: The sales comparison approach estimates value by comparing the subject property with similar recently sold properties and adjusting for differences.
8. A Texas rental advertisement says the landlord prefers tenants from one protected class only. Which issue is most directly raised?+
A.Neutral property description
B.Ordinary room-count disclosure
C.Commission calculation
D.Fair housing discrimination concern
Correct answer: D. Fair housing discrimination concern
Explanation: Advertising a preference based on protected characteristics can create a fair housing issue. Neutral descriptions of property features are different from discriminatory preferences.
9. A newly licensed Texas sales agent wants to perform brokerage activity. What relationship is generally required for the agent to practice?+
A.The agent may practice independently as a broker immediately
B.The agent generally conducts licensed activity through a sponsoring broker
C.The agent becomes the state licensing regulator
D.The agent can avoid broker supervision by using a personal website
Correct answer: B. The agent generally conducts licensed activity through a sponsoring broker
Explanation: A Texas sales agent generally performs licensed real estate activity through a sponsoring broker. Broker sponsorship and supervision are key compliance concepts.
10. In a residential purchase, funds and documents are held under instructions until closing conditions are satisfied. Which term best describes that arrangement?+
A.Novation
B.Subordination
C.Escrow
D.Acceleration
Correct answer: C. Escrow
Explanation: Escrow can hold funds or documents according to instructions until the transaction conditions for closing are met.
Common questions
Texas Real Estate Salesperson FAQ
Are these Texas real estate exam items?+
No. They are original practice questions designed to review common real estate principles and Texas salesperson licensing concepts.
Do I need to log in to practice?+
No. Basic practice questions, answer feedback, and explanations are available without login.
Should I still check Texas licensing requirements?+
Yes. Rules can change, so confirm current requirements with the Texas Real Estate Commission or your prelicensing provider.