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Principles of Real Estate: Property, Ownership, and Transfer
This chapter covers the foundational concepts every Texas real estate agent must know: what real property is, the rights that come with ownership, the ways title is held and transferred, and the public and private limits on land use. Texas is regulated by the Texas Real Estate Commission (TREC), and Texas is a community property state, so several rules here are Texas-specific. Program details and statutory amounts can change, so always confirm current TREC rules and Texas statutes.
Agency Law and Fiduciary Duties in Texas
Agency law defines the relationship between a real estate license holder and the people they serve. In Texas, sales agents work under a sponsoring broker, and specific rules govern representation, disclosure, and the unique intermediary relationship. This chapter explains fiduciary duties, how agency is created, and the Texas-specific disclosure and intermediary framework. TREC forms and rules are periodically updated, so confirm current requirements.
Real Estate Contracts and Texas Promulgated Forms
Contracts are the backbone of every transaction. This chapter explains what makes a contract valid and enforceable, the standard TREC promulgated forms Texas agents must use, and important buyer protections like the option period. Because agents are not attorneys, this chapter also clarifies what license holders may and may not do with contracts. TREC forms are updated periodically, so always use the current version.
Real Estate Finance and Lending
Financing makes most real estate purchases possible, and agents must understand how loans work to serve buyers well. This chapter covers loan instruments, common loan programs, key clauses, and the federal laws that protect borrowers. Texas typically uses a deed of trust with non-judicial foreclosure, which is an important state-specific feature. Loan program details and rates change frequently, so verify current terms.
Valuation, Disclosure, Fair Housing, and Property Management
This chapter brings together the practical skills of estimating value, complying with disclosure and fair housing laws, and managing property. Agents use market data to help price listings, must avoid discriminatory practices, and often assist with rentals and investment property. Fair housing and environmental rules carry serious penalties, so compliance is essential. Statutory amounts and protected classes can vary by jurisdiction and change over time.
Real Estate Math for Texas Agents
Real estate math shows up throughout a transaction, from commissions and down payments to prorations and investment analysis. This chapter teaches the core formulas and shows how to apply them step by step. Mastering a few key relationships lets you handle most exam and real-world calculations with confidence. Always read each problem carefully to identify what is being asked before selecting a formula.
Practice by topic
Jump straight into free practice questions for any single Texas Real Estate Sales Agent content area.