TX Real Estate study plan

Compute seller net proceeds and buyer closing costs from a settlement statement scenario, including prorations of property taxes, rents, and prepaid interest

Calculate LTV, down payment, discount points, and monthly P&I using given loan terms, without a calculator error

Prorate ad valorem taxes on a calendar-year basis using the Texas 360-day method and check the result against a daily-rate method

Convert commission splits, co-broke fees, and percentage-of-rent figures into dollar amounts under time pressure

Build a one-page formula sheet from memory and use it on 20 mixed problems

Distinguish the three Texas agency relationships (buyer representation, seller representation, intermediary) and state who owes what to whom in each

List and apply the fiduciary duties (care, obedience, loyalty, disclosure, accounting, confidentiality) to short fact patterns and identify which duty is breached

Explain in writing when intermediary status requires written consent and how appointments differ from the intermediary relationship itself

Sequence the disclosure obligations a licensee owes at first substantive communication, including the Information About Brokerage Services form and Consumer Protection Notice

Classify ten scenarios as disclosed dual agency, subagency, or no agency and justify each in one sentence

Map the sections of the promulgated one-to-four family residential contract to their function, from parties and property through closing and possession

Identify which contract paragraphs are negotiable blanks, which are fixed, and which addenda attach for financing, inspections, and seller disclosures

Order the steps of the option period, earnest money delivery, and the buyer's termination right, and state the consequence of missing each deadline

Differentiate the promulgated forms for new construction, farm and ranch, and unimproved property by their distinctive provisions

Draft plain-English explanations of three contract paragraphs as you would deliver them to a first-time buyer client

Outline the licensing lifecycle: education, application, examination, sponsorship, and renewal, and note the deadlines that trigger a lapse

Recite the conduct rules that most often appear on the exam, including advertising, unlicensed assistant, and recordkeeping requirements

Apply the fair housing and ethics prohibitions to six short scenarios and identify the specific rule implicated in each

Distinguish the commission's enforcement tools, from reprimand to suspension to revocation, and describe the complaint process

Complete a 40-question mixed set spanning weeks 1 through 4 and review every explanation

Classify estates in land and forms of co-ownership, and state how each affects transferability, survivorship, and creditor claims

Explain how Texas community property and homestead rules change who must sign a deed and what a lender can reach

Categorize encumbrances as liens or non-lien restrictions, and rank liens by priority in a given fact pattern

Read a metes-and-bounds legal description and a plat reference description and identify the elements that must appear in each

Trace how a mechanic's lien and a property tax lien are created, perfected, and released under Texas practice

Compare the major lease types and identify which party bears taxes, insurance, maintenance, and utilities in each

Apply the landlord-tenant statutory framework to security deposit, entry, and holdover scenarios, and state the timelines involved

List the property manager's duties to the owner and the accounting records a manager must keep

Match loan products (conventional, FHA, VA, USDA, and Texas home equity) to borrower profiles and identify the qualifying constraint of each

Explain how the loan estimate and closing disclosure differ, and compute the tolerance categories that affect a buyer's cash needed

Identify the specialized transaction types most likely to be tested and the disclosure or competency obligations each imposes

Apply the rules for subdivided land, timeshare interests, and business opportunity transfers to short scenarios

Interpret a sample settlement statement line by line, separating debits from credits for buyer and seller

Recompute prorations and payoff figures on three closing scenarios you previously missed, confirming the numbers reconcile to zero

Build a short list of when a licensee must refer a client to an attorney, accountant, or inspector instead of advising

Take two full-length timed practice exams under exam conditions and record scores by domain

Re-study only the two lowest-scoring domains, using a targeted drill for each

Rework every missed question from the entire course, writing the reason for the correct answer in your own words

Rehearse the math formulas and the deadline tables one final time without notes

Assemble a one-page pre-exam review sheet limited to the items you have missed more than once