Champions exam prep - Study guides, Class notes & Summaries

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. What 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 Corre...

Champions Exam Prep

Champions Exam Prep State Questions With 100% Correct Answers 2023

appurtenance - correct answer -term used to describe rights, privileges or improvements that belong to and pass with the land improvements - correct answer -man's additions to the land such as building and landscaping personal property - correct answer -also called chattel or personalty; a right or interest in smiting of a temporary or movable nature and includes anything not classed as real property. Real property becomes personal property through severance. bill of sale - correct ans...

Champions Exam Prep

Champions Exam Prep: State Questions And Answers Graded A+ TREC was created in what year? 1949 to administer the provisions of the license act License Act passed in what year? 1939. first the Act (law) then commission that *enforces* the law TREC penalties for unlicensed activity Subject to $4,000 or imprisonment up to 1 year or both. Held in the county court Administrative penalty fee $5,000 per day. AMDIN=5 LETTERS "$5K" Recovery Trust Account limits max payment $10...

Champions Exam Prep

Champions Real Estate Exam Prep (Texas) | 100% Correct Answers | Verified | Latest 2024 Version

Texas Real Estate Exam Prep (From PearsonVUE and & Champions National Exam Prep) Questions and Answers (100% verified answers) | Latest Updated 2024

Champions School of Real Estate Exam Prep National Chapter 1 & 2 | 100% Correct Answers | Verified | Latest 2024 Version