Texas Real Estate Sales Agent License Exam Prep
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Course outline
70 lessons in 10 modules, in study order. Tap a module to show its lessons.
Module 1 · 8 lessons Real property characteristics, legal descriptions, and property use
Includes a free lesson: Real versus personal property: fixtures, trade fixtures, and emblements
- 1. Real versus personal property: fixtures, trade fixtures, and emblements✓ Free
Start here · Free lesson + 36 questions · free practice
- 2. Attachment, severance, and the bill of saleFull plan
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- 3. Economic and physical characteristics of real propertyFull plan
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- 4. Legal descriptions and surveysFull plan
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- 5. Government powers: police power, eminent domain, taxation, and escheatFull plan
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- 6. Zoning ordinances and land-use regulationFull plan
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- 7. Private land-use controls: deed restrictions, CC&Rs, and HOAsFull plan
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- 8. Easements, licenses, and encroachmentsFull plan
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Module 2 · 8 lessons Forms of ownership, transfer, and recording of title
Includes a free lesson: Forms of ownership: severalty, concurrent ownership, and ownership by entities
- 9. Forms of ownership: severalty, concurrent ownership, and ownership by entities✓ Free
Free lesson + 40 questions · free practice
- 10. Freehold estates: fee simple, defeasible fees, life estates, and the bundle of rightsFull plan
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- 11. Leasehold estates and types of leasesFull plan
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- 12. Liens and lien priorityFull plan
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- 13. Air, surface, subsurface, and water rightsFull plan
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- 14. Deeds: elements of a valid deed and types of deedsFull plan
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- 15. Transfer of title: voluntary and involuntary alienationFull plan
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- 16. Recording, notice, chain of title, and title insuranceFull plan
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Module 3 · 8 lessons Property value and appraisal
Includes a free lesson: Market value, market price, and the characteristics of value
- 17. Market value, market price, and the characteristics of value✓ Free
Free lesson + 39 questions · free practice
- 18. Principles of valueFull plan
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- 19. The appraisal process and federal oversight of appraisalFull plan
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- 20. The sales comparison approachFull plan
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- 21. The cost approach: reproduction and replacement cost and depreciationFull plan
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- 22. The income approach and gross rent and gross income multipliersFull plan
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- 23. Comparative market analyses and broker price opinionsFull plan
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- 24. Assessed value and property taxFull plan
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Module 4 · 12 lessons Real estate contracts and agency
Includes a free lesson: Types of contracts: express and implied, unilateral and bilateral
- 25. Types of contracts: express and implied, unilateral and bilateral✓ Free
Free lesson + 40 questions · free practice
- 26. Essential elements of a valid contractFull plan
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- 27. Contract status: executed and executory, valid, void, voidable, and unenforceableFull plan
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- 28. Breach of contract, remedies, rescission, and terminationFull plan
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- 29. The statute of frauds, electronic signatures, and time is of the essenceFull plan
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- 30. Offer, counteroffer, and acceptanceFull plan
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- 31. Earnest money, equitable title, and contingenciesFull plan
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- 32. Option contracts and installment sales contractsFull plan
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- 33. Types of agency and licensee-client relationshipsFull plan
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- 34. Creation and termination of agencyFull plan
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- 35. Fiduciary duties owed to a clientFull plan
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- 36. Duties to customers and third parties: honesty, disclosure, and misrepresentationFull plan
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Module 5 · 9 lessons Real estate practice
Includes a free lesson: Practicing within the scope of expertise and the unauthorized practice of law
- 37. Practicing within the scope of expertise and the unauthorized practice of law✓ Free
Free lesson + 36 questions · free practice
- 38. Listing agreements: exclusive right to sell, exclusive agency, open, and net listingsFull plan
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- 39. Buyer representation agreementsFull plan
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- 40. Property management agreements: funds, maintenance, leasing, rents, and depositsFull plan
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- 41. Ending brokerage agreements; services, fees, and compensationFull plan
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- 42. Fair housing: protected classes and the federal fair housing lawsFull plan
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- 43. Fair housing violations, advertising, enforcement, and the ADAFull plan
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- 44. Risk management: supervision, privacy and do-not-contact rules, vicarious liability, and E&O insuranceFull plan
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- 45. Antitrust, fraud, and misrepresentationFull plan
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Module 6 · 6 lessons Property disclosures and environmental issues
Includes a free lesson: Lead-based paint and the federal disclosure rule
- 46. Lead-based paint and the federal disclosure rule✓ Free
Free lesson + 40 questions · free practice
- 47. Asbestos, radon, and moldFull plan
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- 48. Groundwater contamination, underground storage tanks, waste sites, and brownfieldsFull plan
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- 49. Flood plains, flood zones, and flood insuranceFull plan
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- 50. Federal environmental law: EPA, CERCLA, SARA, site assessments, wetlands, and clean air and waterFull plan
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- 51. Property and environmental disclosure obligations and liabilityFull plan
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Module 7 · 7 lessons Financing and settlement
Includes a free lesson: Methods and sources of financing: mortgage and seller financing, primary and secondary markets
- 52. Methods and sources of financing: mortgage and seller financing, primary and secondary markets✓ Free
Free lesson + 40 questions · free practice
- 53. Mortgages and deeds of trust: lien and title theory, loan types, and mortgage clausesFull plan
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- 54. Lender requirements: conventional, FHA, VA, and USDA loans, LTV, and mortgage insuranceFull plan
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- 55. Truth in Lending and Regulation ZFull plan
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- 56. TILA-RESPA integrated disclosures: the Loan Estimate and the Closing DisclosureFull plan
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- 57. RESPA, ECOA, mortgage fraud, and predatory lendingFull plan
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- 58. Settlement and closing the transactionFull plan
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Module 8 · 6 lessons Real estate math
Includes a free lesson: Area calculations: square footage and acreage
- 59. Area calculations: square footage and acreage✓ Free
Free lesson + 40 questions · free practice
- 60. Valuation math: CMA, net operating income, capitalization rate, equity, and property taxFull plan
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- 61. Commission and compensation calculationsFull plan
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- 62. Loan math: interest, LTV, points, amortization, and PITIFull plan
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- 63. Settlement math: prorations, debits and credits, net to seller, cost to buyer, and closing feesFull plan
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- 64. Investment and property management math: return, appreciation, depreciation, and rentsFull plan
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Module 9 · 3 lessons Texas Real Estate Commission duties and powers
Includes a free lesson: TREC's composition, duties, and powers, and its advisory committees
- 65. TREC's composition, duties, and powers, and its advisory committees✓ Free
Free lesson + 35 questions · free practice
- 66. Texas complaint handling: investigations, hearings, and appealsFull plan
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- 67. Texas penalties: unlicensed activity, disciplinary actions, and the Real Estate Recovery Trust AccountFull plan
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Module 10 · 3 lessons Texas licensing
Includes a free lesson: Texas activities requiring a license, exemptions, business entities, inspectors, and appraisers
- 68. Texas activities requiring a license, exemptions, business entities, inspectors, and appraisers✓ Free
Free lesson + 40 questions · free practice
- 69. The Texas licensing process: requirements, fitness, education, examination, and denialFull plan
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- 70. Keeping a Texas license: continuing education, sponsorship changes, inactive status, and assumed namesFull plan
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