Texas Real Estate Exam Mastery: 100 Must-Know Questions & Answers
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 Published On Sep 18, 2024

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✅ Prepare to pass the 2024 Texas real estate exam with 100 questions on state-specific real estate laws, principles, practice and more. Questions are organized by topic. Use the links below to navigate specific areas or review all questions in order. Pause the video anytime to consider your answers.

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⏰ Texas Real Estate Exam Topics Covered in This Video
0:22 - The Texas Real Estate Commission (TREC)
3:34 - Texas Real Estate Licensing and Regulation
6:37 - The Texas Real Estate License Act (TRELA)
10:37 - Fair Housing Laws in Texas
14:44 - Texas Property Code
18:00 - Real Estate Contracts in Texas (Promulgated Contract Forms)
22:34 - Disclosures Required by Texas Law (e.g., Seller's Disclosure, Property Condition Certificate)
26:52 - Transfer of Title in Texas
30:42 - Earnest Money and Escrow in Texas
34:42 - Texas Real Estate Taxes
38:03 - Loan Fundamentals
41:53 - Loan Types (Conventional, FHA, VA, etc.)
45:00 - Loan Qualifications
48:23 - The Loan Application Process
52:23 - Underwriting
56:03 - Loan Closing
59:30 - Texas Mortgage Disclosure Requirements

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🌟 Real Estate Exam Topics Covered in This Video:
1. The Texas Real Estate Commission (TREC)
Structure and purpose
Licensing regulations
Enforcement and disciplinary actions
2. The Texas Real Estate License Act (TRELA)
License requirements
Maintaining active and inactive licenses
Broker and salesperson responsibilities
3. Agency Law in Texas
Broker-client relationships
Fiduciary duties
Disclosure requirements
4. Real Estate Contracts in Texas
Promulgated forms
Contract elements and terms
Contract termination and breach
5. Property Ownership and Rights in Texas
Types of estates
Homestead laws
Property rights and co-ownership
6. Fair Housing and Anti-Discrimination Laws
Federal and Texas-specific regulations
7. Real Estate Finance in Texas
Mortgage law and foreclosure
Loan qualification and types
Texas mortgage lending laws
8. Transfer of Property in Texas
Title and deed laws
Title insurance and escrow procedures
Closing process and settlement
9. Texas Real Estate Taxes
Property taxes and exemptions
Documentary stamps and transfer taxes
10. Disclosures Required by Texas Law
Seller's Disclosure
Property condition and hazard disclosures
11. Ethics and Professional Conduct in Texas Real Estate

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