Trec composition Study guides, Class notes & Summaries

What is the primary purpose of TRELA and TREC? - Answer- Protect the public of the State of Texas What is TRELA? - Answer- TRELA is the law that governs all real estate license holders and sets the powers for TREC. What is the composition of TREC? - Answer- 9 members, 6 brokers and 3 members of the public How are members of TREC selected? - Answer- They are appointed by the governor with the advice and consent of the state senate (with staggered 6 year terms) One broker is designated to...

Pearson Vue Texas Real Estate Review Stu TRELA Texas Real Estate License Act - Law that governs real estate licensees and sets the power for TREC TREC Texas real estate commission TREC Composition Nine Members - 6 brokers - 3 members of the general public Appointed by the governor, with advice and consent of state senate, to staggered six-year terms One broker designated by the governor as chairperson TREC Duties 1) Make and enforce rules and regulations 2) Establish Sta...

Pearson Vue Texas Real Estate Review Stu TRELA Texas Real Estate License Act - Law that governs real estate licensees and sets the power for TREC TREC Texas real estate commission TREC Composition Nine Members - 6 brokers - 3 members of the general public Appointed by the governor, with advice and consent of state senate, to staggered six-year terms One broker designated by the governor as chairperson TREC Duties 1) Make and enforce rules and regulations 2) Establish Sta...

• Commission Duties and Powers o Texas Real Estate Commission (TREC) ▪ Nine Member – six brokers and three members of the general public ▪ Appointed by the governor to staggered six-year terms ▪ One broker designated by the governor as chairperson o Duties and Powers ▪ Protect the public ▪ Make and enforce rules and regulations ▪ Establish standards of conduct and ethics for licensees ▪ Administer and enforce license law and levy civil fines ▪ Select an administrato...

TREC Top Exam Questions and answers, 100% Accurate. Rated A+ License Act of 1973 - -Governs RE practice in TN What does trec stand for - -Tennessee real estate *commissiion* What department is the TREC in - -department of commerce and insurance develop rules & regulations to enforce License Act TREC can revise statutory law How many TREC members - -9 3 in each region TREC membership appointed by? serving time? - -governor serve 5 years & may be reappointed once Ho...

TREC Commission Duties and Powers. Top Exam Questions and answers, rated A+ General Powers - -1. Make & Enforce Regulations 2. Standard of Conduct & Ethics 3. Admin. & Enforce License Law & Levy Fines 4. Issue License & Collect Money for Licenses 5. Conduct Investigations 4 YEARS OF INCIDENT, hold hearings and issue injunctions. 6. Suspend or Revoke or place on probation licensees 7. Initiate Cease & Desist Act 8. Inspect and Accredit Real Estate Schools 9. Promulgate Contracts & Ad...

TREC National Exam Questions and answers, 100% Accurate. Graded A+ A lead paint disclosure is required for all properties built before what year? - -1978 For how many years must a seller keep a copy of the lead paint disclosure he provided to the buyer? - -3 years Civil Rights Act Of 1866 - -prohibits discrimination based on race or color. There are no exceptions or exemptions for this law. Title VIII of the Civil Rights Act of 1968 - -forbids discrimination on the basis of race,...

TREC-State Portion Study Guide-Complete Terms List. Questions and answers. Rated A+ I. Commission Duties and Powers (Sale Agent-2, Broker-3 Questions) A. General Powers: Composition, Duties, and Powers; Real Estate Broker-Lawyer Committee B. Investigations and Subpoena Power: Investigations; Subpoena Power Investigations; Subpoena Power Hearings C. Hearings and Appeals (Broker only) D. Penalties for Violation: Unlicensed Activity; Authority for Disciplinary Actions; Penalties; Rec...

AYPORealEstate Test 1 Disparate impact - ANS A set of criteria which are not directly targeted at a specific group but will disproportionately affect that group. What purpose is served by regulating real estate licensing? - ANS 1. prtect the eneral public during real estate transactions from dishonest or incompetent brokers and sales agents. 2. maintain high standards or the real estate profession 3. set out minimum standards and qualifications for licensing brokers and...

AYPO Real Estate Principles of Real Estate I Exam Study Guide TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ANS They conduct the unlawful practice of law ESAC stands for: - ANS Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? - ANS Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? - A...