FINAL PREP - PSI – National Questions for Texas Salespersons

An Exam Prep for Texas Real Estate License Candidates Based upon the Required PSI Exam

This exam prep is provided to those students who are preparing to take the state-mandated exam to become Real Estate Licensees in Texas. It is not an official or otherwise sanctioned testing mechanism, and is meant merely to provide a determination of your preparedness for taking the Proctored Exam given by PSI (Psychological Services, Inc.) in Texas. This is the national portion of the exam. In order for this testing module to be truly effective you should have completed pre-license educational coursework.

Like the official exam that you will take to gain your license, this test is comprised of questions dealing with issues applicable nationwide, and with Texas -specific issues. To help you retain the information presented here, these subject areas are presented separately and all questions have feedback to explain the correct answer.

You will study the following subjects:

• Property Ownership
• Land Use Controls and Regulations
• Valuation and Market Analysis
• Financing
• Laws of Agency
• Mandated Disclosures
• Contracts
• Transfer of Property
• Practice of Real Estate
• Real Estate Calculations
• Specialty Areas