NCE PRACTICE EXAM
2023 Edition
Take this free practice test to get an idea of what is on the Texas Real Estate Salesperson exam administered by the Texas Real Estate Commission (TREC). The actual exam has 125 questions and 2 hours 30 minutes is given to complete it. Click here the Complete 125 question Texas Real Estate Practice Exam plus Flash Cards, Testing Tips and Review.
Free Sample Questions
Free Sample Questions
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Texas Forms of Ownership, Transfers and Recording of Title |
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3. | Which of the following forms of ownership is best described as "individual ownership"? |
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Texas Property Value and Appraisal |
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5. | The economic concept of scarcity is best explained by which example? |
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Texas Property Value and Appraisal |
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7. | What does it mean if an appraisal states that a property is not currently at its "highest and best use"? |
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Texas Property Value and Appraisal |
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8. | Which of the following is used by real estate agents to determine the value of a property by comparing similar listed and sold properties? |
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Texas Standards of Conduct |
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16. | Which of the following is on the "laundry list" of the Texas Deceptive Trade Practice Act (DTPA)? |
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Texas Property Disclosure and Environmental Issues |
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17. | What year represents the last year that a home may have been constructed using paint containing lead? |
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Texas Financing and Settlement |
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19. | The best explanation for the meaning of "conventional loan": |
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Texas Financing and Settlement |
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20. | In mortgage lending jargon, a monthly mortgage payment consists of PITI. Which of the following is NOT a component of PITI? |
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Texas Commission Duties and Powers and Licensing |
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22. | Which of the following are NOT duties or powers of the Texas Real Estate Commission (TREC)? |
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Texas Commission Duties and Powers and Licensing |
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23. | A person needs a Texas real estate license to perform all of the following acts, except: |