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Real Estate U Final Exam Questions and Answers 2023
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1 The Texas Real Estate Sales Exam 2 The Leaning Express Test Preparation System 3 Texas Real Estate Sales Exam 1 4 Texas Real Estate Refresher Course 5 Real Estate Math Review 6 Real Estate Glossary 7 Texas Real Estate Sales Exam 2 8 Texas Real Estate Sales Exam 3 9 Texas Real Estate Sales Exam 4
Use the process of elimination to answer the following questions.
1. Ilsa is as old as Meghan will be in five years. The difference between Ed’s age and Meghan’s age is twice the differ- ence between Ilsa’s age and Meghan’s age. Ed is 29. How old is Ilsa? a. 4 b. 10 c. 19 d. 24 2. “All drivers of commercial vehicles must carry a valid commercial driver’s license whenever operating a commercial vehicle.” According to this sentence, which of the following people need NOT carry a commercial driver’s license? a. a truck driver idling his engine while waiting to be directed to a loading dock b. a bus operator backing her bus out of the way of another bus in the bus lot c. a taxi driver driving his personal car to the grocery store d. a limousine driver taking the limousine to her home after dropping off her last passenger of the evening 3. Smoking tobacco has been linked to a. increased risk of stroke and heart attack. b. all forms of respiratory disease. c. increasing mortality rates over the past ten years. d. juvenile delinquency. 4. Which of the following words is spelled correctly? a. incorrigible b. outragous c. domestickated d. understandible Answers Here are the answers, as well as some suggestions as to how you might have used the process of elimination to find them. 1. d. You should have eliminated answer a right away. Ilsa can’t be four years old if Meghan is going to be Ilsa’s age in five years. The best way to eliminate other answer choices is to try plugging them in to the information given in the problem. For instance, for answer b , if Ilsa is 10, then Meghan must be 5. The difference in their ages is 5. The difference between Ed’s age, 29, and Meghan’s age, 5, is 24. Does 24 = 2 times 5? No. Then answer b is wrong. You could eliminate answer c in the same way and be left with answer d.
THE LEARNINGEXPRESS TEST PREPARATION SYSTEM The more complicated answer to the question “Should I guess?” depends on you—your personality and your “guessing intuition.” There are two things you need to know about yourself before you go into the exam: ■ (^) Are you a risk-taker? ■ (^) Are you a good guesser? You will have to decide about your risk-taking quotient on your own. To find out if you are a good guesser, complete the worksheet Your Guessing Ability. Frankly, even if you are a play-it-safe person with lousy intuition, you’re still safe in guessing every time. The best thing would be if you could overcome your anxieties and go ahead and mark an answer. But you may want to have a sense of how good your intuition is before you go into the exam. The following are ten really hard questions. You are not supposed to know the answers. Rather, this is an assessment of your ability to guess when you don’t have a clue. Read each question carefully, just as if you did expect to answer it. If you have any knowledge at all of the subject of the question, use that knowledge to help you eliminate wrong answer choices.
1. September 7 is Independence Day in a. India. b. Costa Rica. c. Brazil. d. Australia. 4. American author Gertrude Stein was born in a. 1713. b. 1830. c. 1874. d. 1901. 2. Which of the following is the formula for determining the momentum of an object? a. p = mv b. F = ma c. P = IV d. E = mc^2 5. Which of the following is NOT one of the Five Clas- sics attributed to Confucius? a. the I Ching b. the Book of Holiness c. the Spring and Autumn Annals d. the Book of History 3. Because of the expansion of the universe, the stars and other celestial bodies are all moving away from each other. This phenomenon is known as a. Newton’s first law. b. the big bang. c. gravitational collapse. d. Hubble flow. 6. The religious and philosophical doctrine that holds that the universe is constantly in a struggle between good and evil is known as a. b. c. d. Pelagianism. Manichaeanism. neo-Hegelianism. Epicureanism.
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7. The third Chief Justice of the U.S. Supreme Court was 10. The state with the highest per capita personal income in 1980 was a. John Blair. a. Alaska. b. William Cushing. b. Connecticut. c. James Wilson. c. New York. d. John Jay. d. Texas. 8. Which of the following is the poisonous portion of a daffodil? a. the bulb b. the leaves c. the stem d. the flowers 9. The winner of the Masters golf tournament in 1953 was a. Sam Snead. b. Cary Middlecoff. c. Arnold Palmer. d. Ben Hogan. Answers Check your answers against the correct answers below. **1. c.
THE LEARNINGEXPRESS TEST PREPARATION SYSTEM real exam. If the number you got right is significantly lower than one-fourth of the number you guessed on, you would, frankly, be safe in guessing anyway, but maybe you would feel more comfortable if you guessed only selec- tively, when you can eliminate a wrong answer or at least have a good feeling about one of the answer choices. } (^) Step 7: Reach Your Peak Perfor manc e Zone Time to complete: 10 minutes to read; weeks to complete! Activity: Complete the Physical Preparation Checklist To get ready for a challenge like a big exam, you have to take control of your physical, as well as your mental, state. Exercise, proper diet, and rest will ensure that your body works with, rather than against, your mind on test day, as well as during your preparation. Exercise If you don’t already have a regular exercise program going, the time during which you are preparing for an exam is actually an excellent time to start one. And if you are already keeping fit—or trying to get that way—don’t let the pressure of preparing for an exam fool you into quitting now. Exercise helps reduce stress by pumping won- derful good-feeling hormones called endorphins into your system. It also increases the oxygen supply through- out your body, including your brain, so you will be at peak performance on test day. A half hour of vigorous activity—enough to raise a sweat—every day should be your aim. If you are really pressed for time, every other day is OK. Choose an activity you like, and get out there and do it. Jogging with a friend always makes the time go faster, or take a radio. But don’t overdo it. You don’t want to exhaust yourself. Moderation is the key. Diet First of all, cut out the junk. Go easy on caffeine and nicotine, and eliminate alcohol and any other drugs from your system at least two weeks before the exam. Promise yourself a binge the night after the exam, if need be. What your body needs for peak performance is simply a balanced diet. Eat plenty of fruits and vegetables, along with protein and carbohydrates. Foods high in lecithin (an amino acid), such as fish and beans, are espe- cially good “brain foods.” The night before the exam, you might “carbo-load” the way athletes do before a contest. Eat a big plate of spaghetti, rice and beans, or your favorite carbohydrate. Rest You probably know how much sleep you need every night to be at your best, even if you don’t always get it. Make sure you do get that much sleep, though, for at least a week before the exam. Moderation is important here, too. Extra sleep will just make you groggy.
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} (^) Step 9: Do It! Time to complete: 10 minutes, plus test taking time Activity: Ace the Texas Real Estate Sales Exam! Fast-forward to exam day. You are ready. You made a study plan and followed through. You practiced your test- taking strategies while working through this book. You are in control of your physical, mental, and emotional state. 27 For the week before the exam, write down 1) what physical exercise you engaged in and for how long and 2) what you ate for each meal. Remember, you are trying for at least half an hour of exercise every other day (preferably every day) and a balanced diet that’s light on junk food. Exam minus 7 days Exam minus 3 days Exercise: for minutes Exercise: for minutes Breakfast: Breakfast: Lunch: Lunch: Dinner: Dinner: Snacks: Snacks: Exam minus 6 days Exam minus 2 days Exercise: for minutes Exercise: for minutes Breakfast: Breakfast: Lunch: Lunch: Dinner: Dinner: Snacks: Snacks: Exam minus 5 days Exam minus 1 day Exercise: for minutes Exercise: for minutes Breakfast: Breakfast: Lunch: Lunch: Dinner: Dinner: Snacks: Snacks: Exam minus 4 days Exercise: for minutes Breakfast: Lunch: Dinner: Snacks:
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Texas Real Estate Sales Exam 1
This is the first of four practice tests in this book based on the Texas Real Estate Sales Exam. Take this first test to see how you would do if you took the exam today and to find out what your strengths and weaknesses are. IKE THE OTHER practice tests in this book, this test is based on the actual Texas Real Estate Sales Exam, sponsored by the Texas Real Estate Commission (TREC) and developed by Psycholog- ical Services, Inc. (PSI). See Chapter 1 for a complete description of this exam. If you prefer to take a practice test on a computer, use the CD-ROM included at the back of this book. Taking the tests on a computer is good practice for the real exam. On the other hand, if using a computer isn’t convenient, taking the tests on paper will accomplish the same goal—letting you know what areas of national and Texas real estate concepts you’re strong in and which areas need more work. Take this exam in as relaxed a manner as possible, without worrying about timing. You can time your- self on the other three exams. You should, however, make sure that you have enough time to take the entire exam in one sitting. Find a quiet place where you can work without interruptions. The answer sheet you should use is on the following page, and then comes the exam. After you have finished, use the answer key and explanations to learn your strengths and your weakness. Then, use the scor- ing section at the end of this chapter to see how you did overall.
CHAPTER TITLE } (^) Texas Real Estate Sales Exam 1 Answer Sheet
1. a b c d 38. a b c d 75. a b c d 2. a b c d 39. a b c d 76. a b c d 3. a b c d 40. a b c d 77. a b c d 4. a b c d 41. a b c d 78. a b c d 5. a b c d 42. a b c d 79. a b c d 6. a^ b^ c^ d^ 43. a^ b^ c^ d^ 80. a^ b^ c^ d 7. a b c d 44. a b c d 81. a b c d 8. a^ b^ c^ d^ 45. a^ b^ c^ d^ 82. a^ b^ c^ d 9. a b c d 46. a b c d 83. a b c d 10. a b c d 47. a b c d 84. a b c d 11. a b c d 48. a b c d 85. a b c d 12. a^ b^ c^ d^ 49. a^ b^ c^ d^ 86. a^ b^ c^ d 13. a b c d 50. a b c d 87. a b c d 14. a b c d 51. a b c d 88. a b c d 15. a b c d 52. a b c d 89. a b c d 16. a b c d 53. a b c d 90. a b c d 17. a b c d 54. a b c d 91. a b c d 18. a b c d 55. a b c d 92. a b c d 19. a b c d 56. a b c d 93. a b c d 20. a b c d 57. a b c d 94. a b c d 21. a b c d 58. a b c d 95. a b c d 22. a b c d 59. a b c d 96. a b c d 23. a^ b^ c^ d^ 60. a^ b^ c^ d^ 97. a^ b^ c^ d 24. a b c d 61. a b c d 98. a b c d 25. a^ b^ c^ d^ 62. a^ b^ c^ d^ 99. a^ b^ c^ d 26. a b c d 63. a b c d 100. a b c d 27. a b c d 64. a b c d 101. a b c d 28. a b c d 65. a b c d 102. a b c d 29. a b c d 66. a b c d 103. a b c d 30. a b c d 67. a b c d 104. a b c d 31. a b c d 68. a b c d 105. a b c d 32. a b c d 69. a b c d 106. a b c d 33. a b c d 70. a b c d 107. a b c d 34. a b c d 71. a b c d 108. a b c d 35. a b c d 72. a b c d 109. a b c d 36. (^) a b c d 73. (^) a b c d 110. (^) a b c d 37. a b c d 74. a b c d
TEXAS REAL ESTATE SALES EXAM 1 } (^) Texas Real Estate Sales Exam 1
1. Personal property may become real property by the process of a. devise. b. reliction. c. attachment. d. alienation. 2. If a property generates a negative cash flow, in order to be an attractive investment to a prospective purchaser a. there must be a substantial down payment. b. there must be a large depreciable base. c. there must be a substantial increase in property value. d. there must be little deferred maintenance. 3. The closed sales price of an income property divided by its gross monthly rent equals the a. estimated market value. b. capitalization rate. c. gross income multiplier. d. gross rent multiplier. 4. What is 75% of $250,000? a. $187, b. $182, c. $62, d. none of the above 5. Racial discrimination under the Civil Rights Act of 1866 is enforced by a. local jurisdiction. b. state court. c. federal court. d. justice of the peace court. 6. Under eminent domain, if the parties cannot agree to property value, which type of lawsuit will be filed by a city to take the property for public use? a. annexation b. injunction c. condemnation d. specific performance 7. The term that describes the percentage of the appraised value of a property that a lender will finance is called a. loan-to-value ratio. b. owner’s equity. c. certificate of reasonable value. d. capital investment. 8. Abby is purchasing a home with a mortgage loan and is paying for an appraisal of the prop- erty. The appraisal is made to determine a. if Abby got a good deal. b. if the seller had the house priced right. c. if the value of the collateral satisfies the lender’s underwriting guidelines for the loan. d. whether the buyer’s financing requirements meet the underwriting guidelines for the loan. 9. The best definition of a material fact is that it a. reveals only information about the physical condition of a property. b. is an agreed upon condition of the purchase agreement. c. is a factor a builder considers when selecting building materials. d. is anything important to any person
