Real Estate Principles Practice Question
Question
A supervising broker is correcting a salesperson’s misunderstanding in a Texas real estate transaction involving landlord tenant basics. Which statement is the best answer? (Item 59)
Answer choices
- A. The salesperson may handle the matter independently without broker involvement when compensation is expected.
- B. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
- C. Recognize lease obligations, security deposit concepts, and possession issues.
- D. The requirement matters only if the buyer uses lender financing.
Correct Answer
C. Recognize lease obligations, security deposit concepts, and possession issues.
Explanation
The correct answer is C because landlord tenant basics requires candidates to recognize lease obligations, security deposit concepts, and possession issues. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound Texas exam practice.
Question details
- Difficulty: medium
- Domain: Real Estate Principles
- Objective: landlord tenant basics