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Texas Law of Contracts - Ch. 1 Texas Contract Law Exam Questions and Answers
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Texas Law of Contracts - Ch. 1 Texas Contract Law Exam Questions and Answers
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Texas Law of Contracts - Ch. 1 TexasContract Law Exam Questions and
Answers
The requirements to become a licensed real estate agent in Texas are described in
which of the following documents...?
Texas Real Estate Certification Act
Texas Real Estate License Act
Texas Employment Act
Texas Independent Contractor Act - Answer -Texas Real Estate License Act
Who is responsible for enforcing the Texas Real Estate License Act...?
Texas Real Estate Commission
Texas Bureau of Real Estate
Texas Congress
Governor of Texas - Answer -Texas Real Estate Commission
The Texas Real Estate Commission was created in what year...?
1931
1949
1988
2001 - Answer -1949
The Texas Real Estate License Act was formally known as the...?
Real Estate Practice Act
Real Estate Commission Act
Real Estate Certification Act
Real Estate Dealers License Act - Answer -Real Estate Dealers License Act
The acronym TRELA refers to which of the following...?
The Real Estate License Administration
The Real Estate Legal Act
Texas Real Estate License Act
Texas Real Estate Legal Administration - Answer -Texas Real Estate License Act
Ethics - Answer -Moral principles that govern a person's or group's behavior.
Real estate agents are not permitted to practice which of the following...?
, Marketing
Real estate sales
Law
Advertising - Answer -Law
According to TRELA, real estate brokers are unauthorized to do which of the
following...?
Provide legal advice
Market properties
Advertise properties
Earn a commission from the sale of a property - Answer -Provide legal advice
Real estate brokers are permitted to do which of the following...?
Draft a contract
Market a property
Provide legal advice
All of the above - Answer -Market a property
Real estate brokers are NOT permitted to do which of the following...?
Draft new contracts
Provide legal advice
Revise the Texas promulgated contract forms
All of the above - Answer -Draft new contracts
Provide legal advice
Revise the Texas promulgated contract forms
All of the above
A real estate broker's license may be revoked for which of the following acts...?
Drafting a new deed for a client
Marketing a property on the MLS
Advertising a property on Facebook
Entering into a listing contract with a seller - Answer -Drafting a new deed for a client
Real estate brokers are allowed to do which of the following...?
Complete the Special Provisions section of a contract
Revise the promulgated contract forms
Draft a deed
All of the above - Answer -Complete the Special Provisions section of a contract
The Broker/Lawyer Committee is responsible for which of the following...?
Issuing a license to an agent or broker
Editing the promulgated contract forms
Suspending or revoking a real estate license
All of the above - Answer -Editing the promulgated contract forms
The Broker/Lawyer Committee consists of how many real estate brokers...?
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