Trec state exam prep Study guides, Class notes & Summaries
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Texas Real Estate Exam PREP Questions and Answers 100% Solved
- Exam (elaborations) • 15 pages • 2023
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Texas Real Estate Exam PREP Questions and Answers 100% Solved 
An unlicensed assistant is showing property for her broker. Which of the following penalties would apply and to whom? Both the broker and the unlicensed assistant would be subject to fines by TREC 
The listing presentation went welland the seller has agreed to list with the broker. The listing agreement has not been signed but the broker has an appointment with the sell The broker must wait for the written permission to place the sig...
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Champions Exam Prep: State Questions And Answers Graded A+
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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...
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TREC-Texas State Home Inspector Exam Prep Questions With Correct Answers
- Exam (elaborations) • 37 pages • 2023
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Business should be conducted in a manner which: 
 
(a) Maintains maximum profitability to the inspector 
 
(b) Assures the client of the inspector's independence from outside influences 
 
(c) Presents a neat and clean appearance 
 
(d) Compromises the inspector's ability to render fair and impartial opinions - Answer Assures the client of the inspector's independence from outside influences 
 
All advertising distributed by real estate inspectors must include: 
 
(a) The name of the inspecto...
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Champions School of Real Estate - Exam Prep | 177 Questions and Answers 100% Verified |
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Champions School of Real Estate - Exam Prep | 177 Questions and Answers 100% Verified | 
 
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 dis...
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Champions Exam Prep: State | 68 Questions and Answers 100% correct | Latest Update 2023-2024
- Exam (elaborations) • 16 pages • 2023
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Champions Exam Prep: State | 68 Questions and Answers 100% correct | Latest Update 2023-2024
Make study stress less painful
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Champions Exam Prep: State Questions And Answers Graded A+
- Exam (elaborations) • 2 pages • 2024
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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: State Questions And Answers Graded A+
- Exam (elaborations) • 11 pages • 2023
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Available in package deal
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Champions Exam Prep: State Questions And Answers Graded A+
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Real Estate Salesperson State Prep Exam 4 correctly answered 2023
- Exam (elaborations) • 2 pages • 2023
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Real Estate Salesperson State Prep Exam 4 correctly answered 2023A 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? 
Schedule a hearing at the TREC office in Austin 
 
 
 
Which of the following actions is NOT a violation of the Texas Real Estate License Act? 
A broker offers a guaranteed buy back of a property...
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Champions Exam Prep: State Questions 100% Correct Answers Verified Latest 2024 Version
- Exam (elaborations) • 16 pages • 2024
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Champions Exam Prep: State Questions 
| 100% Correct Answers | Verified | 
Latest 2024 Version 
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 disapprov...
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Champions Exam Prep State Questions With 100% Correct Answers 2023
- Exam (elaborations) • 12 pages • 2023
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Champions Exam Prep State Questions With 100% Correct Answers 2023
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