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Texas Principles of Real Estate 1 - Chapter 7 questions with right answers.
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Texas Principles of Real Estate 1 - Chapter 7 questions with right answers.

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  • September 13, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • texas principles of real estate 1 chapter 7 ques

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  • Texas Principles of Real Estate 1
  • Texas Principles of Real Estate 1

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Texas Principles of Real Estate 1 -
Chapter 7 questions with right answers.


TRELA ANS -The purpose of _______________ is to protect the general public from unscrupulous
brokers and salespeople.



True ANS -The Texas Legislature granted TREC the authority to enact rules and regulations that have the
full force and effect of the law to advise with reference to these rules and laws. True or False?



Real Estate Center in Texas ANS -It was created by the Texas Legislature in the 1970s. It is located on the
Texas A&M University Campus. The Center collects and compiles data relating to real estate matters in
Texas.



False ANS -In order to obtain a Texas Real Estate License, an applicant must be a citizen of the United
States. True or false?



False ANS -A broker can only represent a seller or buyer, but not both in the same transaction. True or
false?



Broker ANS -A person who, for compensation sells, exchanges or leases real estate property, lists or
attempts to list real estate for sale, lease or exchange and controls the acceptance or deposit of rent
from a resident of a single-family real property unit.



Residential rental locator ANS -A person who offers, for consideration, to locate a unit in an apartment
complex for lease to a prospective tenant is known as a:



Education Standards Advisory Committee ANS -The number of hours required for a broker or sales
agent license is established by the:

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