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TREC State Exam Practice Questions 2024 Actual Questions and Verified Answers (2024 / 2025) A+ Grade 100% Guarantee Verified by Experts $12.99   Add to cart

Exam (elaborations)

TREC State Exam Practice Questions 2024 Actual Questions and Verified Answers (2024 / 2025) A+ Grade 100% Guarantee Verified by Experts

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  • Course
  • TREC STATE
  • Institution
  • TREC STATE

TREC State Exam Practice Questions 2024 Actual Questions and Verified Answers (2024 / 2025) A+ Grade 100% Guarantee Verified by Experts

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  • September 16, 2024
  • 60
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • TREC STATE
  • TREC STATE
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TREC State Exam Practice questions.pdf file:///C:/Users/HP/Desktop/New%20folder/TREC%20State%20Ex




TREC State Exam Practice Questions & Verified

Answers



1. 1. TREC has the power to order witnesses to appear and/or produce records of

documents for its investigations and hearings. This is called subpoena power. If a license

holder fails to respond to a subpoena, what can TREC do?


(a) TREC can assess an administrative penalty against the license holder for up to

$4,000.


(b) TREC can immediately revoke the license of the license holder without a hearing.


(c) TREC can file suit with the Attorney General to enforce the subpoena.


(d) TREC can file charges of felony against the license holder, based on fraud.

Answer (c) TREC can file suit with the Attorney General to enforce the subpoena.









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2. 2. A license holder in violation of the TRELA has received a summons from TREC that a

hearing will be held regarding the possible revocation or suspension of his license.The

license holder fails to respond to the summons. What will TREC do?


(a) Schedule a hearing in the county court where the license holder practices real estate


(b) Schedule a hearing at the TREC office in Austin


(c) Schedule a hearing in the district court serving the license holder


(d) Schedule a hearing at the main office or business address of the license holder

Answer (b) Schedule a hearing at the TREC office in Austin




3. 3. With the knowledge and consent of her broker/employer, an unlicensed assistant is

showing property to prospective buyers. What is true about this situation?


(a) The broker and unlicensed assistant are both guilty of a third degree felony


(b) Both the broker and unlicensed assistant can be fined an administrative penalty of

$5,000 per day







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(c) Only the unlicensed assistant can be fined by TREC for this activity









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(d) Only the broker can be fined by TREC for this activity

Answer (b) Both the broker and unlicensed assistant can be fined an administrative penalty of

$5,000 per day



4. 4. TREC has received an application for a Texas Real Estate Sales License from Mary.

Mary has completed all her educational requirements, and passed the state exam. At this

point TREC will begin the background check.Which of the following statements is FALSE?


(a) TREC has no time limit for determining integrity


(b) TREC has 30 days to complete the background check


(c) TREC has 30 days to notify Mary of a decision to disapprove her application


(d) Mary has 10 days to appeal a denial of her application

Answer (b)TREC has 30 days to complete the background check


TREC has no limit on days to review your application or complete your background check. They

have 30 days to notify you of their decision and you have 10 days to appeal that decision.









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