20 Hour Texas Law Module Practice
Exam Questions With Solved Solutions.
Who appoints the Real Estate Inspector Committee? - Answer The Commission (TREC)
What are some power & duties of the committee? - Answer Recommend:
-rules relating to aspects of inspections (education, experience, exams, CE, etc.)
-required rules
-reasonable fees
-SOP rules
-code of professional conduct
What's the difference between direct & indirect supervision? - Answer Sponsoring inspector is
physically present
Previous license holders eligible if: - Answer Held level of license in 24 month period preceding date of
application filing & sponsored (if needed)
What's required for eligibility of a sponsoring inspector? - Answer 200 inspections as a professional
inspector
What level of insurance is required for issuance of a license? - Answer Liability w/ minimum $100,000
What does insurance protect against? - Answer Subchapter G (prohibited acts)
What is the term of expiration of a license? - Answer Period not to exceed 24 months (renew every 2
years)
What is necessary for license renewal? - Answer -pay renewal fee
-provide proof of insurance
, What are CE requirements for license renewal? - Answer 16 course hours per year (32 hours every
renewal period)
How much does an application cost for an apprentice license? - Answer $60
How much does an application cost for a real estate inspector license? - Answer $100
How much does an application cost for a professional inspector license? - Answer $120
What other fees are included for a license? - Answer -renewal
-exam fees
-request of change of address
-replace lost/destroyed license
Describe specific report & dishonesty of an inspector. - Answer -accepting inspection if employment
contingent of reporting of specific, predetermined condition or findings inspector knows not to be true
-acting in a dishonest, fraudulent, deceitful, or misrepresentative manner
Describe conflicting capacities. - Answer Inspector acting in dual capacity as a salesperson, undisclosed
principal, or broker in a transactioin
When can an inspector not perform repairs/maintenance? - Answer When in connection under an
earnest money contract, lease or exchange of real property
Describe some powers of the commission in disciplinary action. - Answer -investigate action of
inspector
-reprimand inspector
-place license on probation
-suspend or revoke license
Exam Questions With Solved Solutions.
Who appoints the Real Estate Inspector Committee? - Answer The Commission (TREC)
What are some power & duties of the committee? - Answer Recommend:
-rules relating to aspects of inspections (education, experience, exams, CE, etc.)
-required rules
-reasonable fees
-SOP rules
-code of professional conduct
What's the difference between direct & indirect supervision? - Answer Sponsoring inspector is
physically present
Previous license holders eligible if: - Answer Held level of license in 24 month period preceding date of
application filing & sponsored (if needed)
What's required for eligibility of a sponsoring inspector? - Answer 200 inspections as a professional
inspector
What level of insurance is required for issuance of a license? - Answer Liability w/ minimum $100,000
What does insurance protect against? - Answer Subchapter G (prohibited acts)
What is the term of expiration of a license? - Answer Period not to exceed 24 months (renew every 2
years)
What is necessary for license renewal? - Answer -pay renewal fee
-provide proof of insurance
, What are CE requirements for license renewal? - Answer 16 course hours per year (32 hours every
renewal period)
How much does an application cost for an apprentice license? - Answer $60
How much does an application cost for a real estate inspector license? - Answer $100
How much does an application cost for a professional inspector license? - Answer $120
What other fees are included for a license? - Answer -renewal
-exam fees
-request of change of address
-replace lost/destroyed license
Describe specific report & dishonesty of an inspector. - Answer -accepting inspection if employment
contingent of reporting of specific, predetermined condition or findings inspector knows not to be true
-acting in a dishonest, fraudulent, deceitful, or misrepresentative manner
Describe conflicting capacities. - Answer Inspector acting in dual capacity as a salesperson, undisclosed
principal, or broker in a transactioin
When can an inspector not perform repairs/maintenance? - Answer When in connection under an
earnest money contract, lease or exchange of real property
Describe some powers of the commission in disciplinary action. - Answer -investigate action of
inspector
-reprimand inspector
-place license on probation
-suspend or revoke license
