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Texas Real Estate Law - SAE Champions School Of Real Estate Exam 2025 Update

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Texas Real Estate Law - SAE Champions School Of Real Estate Exam 2025 Update/Texas Real Estate Law - SAE Champions School Of Real Estate Exam 2025 Update/Texas Real Estate Law - SAE Champions School Of Real Estate Exam 2025 Update

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  • January 8, 2025
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Texas Real Estate Law - SAE Champions School Of Real
Estate Exam 2025 Update


Texas Real Estate Law - SAE Champions School Of Real
Estate Exam 2025 Update




TRELA- - ANSWER -Texas Real Estate Licensing Act



Purpose of Trec and Trela- - ANSWER -to protect the public of the

state of texas



What is the law that governs all real estate licensess? - ANSWER -

Texas Real Estaet License Act, and sets the powers of TREC.



How do you know if a real estate license is required? - ANSWER -

Three prong test



Activity or Dealing in Real Property



For Compensation

, Texas Real Estate Law - SAE Champions School Of Real
Estate Exam 2025 Update



for Others



Acronym to determine if you need a license? - ANSWER -LL BEANS.

Required if any of the following are done for compensation:



Lists

Leases

Buys

Exchanges

Auctions

Negotiations

Sells



What is the charge for practicing without a license? - ANSWER -Class

A Misdemeanor


What is practicing without a license punishment? - ANSWER -4000

Fine

, Texas Real Estate Law - SAE Champions School Of Real
Estate Exam 2025 Update

And or Up to one year in Jail



when punishes by a court, what may a court do? - ANSWER -1-3 times

the amount of compensation earned while practicing without a license



Trec Recognizes what two levels in the responsibilities of licenses? -

ANSWER -SalesPerson License



Salesperson License- - ANSWER -No experience Required

- 18 years old

- Must be a resident of Texas at time of filing

- work under supervision of a principal or sponsoring broker.



What are complete requirements of a salesperson? - ANSWER -12

semester or 180 hours



1- 4 semesters of 60 hours of principles of real estate

, Texas Real Estate Law - SAE Champions School Of Real
Estate Exam 2025 Update

2- 2 Semesters or 30 hours each of agency, contracts, contract forms

and addenda, and real estate finance



Delegated Licensee- - ANSWER -A licensee/broker who manages one

or more licenses for 6 months or longer.



Certification of Registration- - ANSWER -A person who receives

compensation for selling, buying, transferring, or leasing rights of

ways in connection with telecommunication, utility, railroad or

pipeline companies



What must a certificate of registration holder must have? - ANSWER -

Active sales license

Certificate of Registration



How long is certificate of registration?



What education is required?

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