Texas licensing - Study guides, Class notes & Summaries

Which of the following has the authority to suspend or revoke a Texas real estate license? - Correct Answer--TREC Which of the following is an element of a listing agreement? - Correct Answer--the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? - Correct Answer--salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the broke...

Operators have a responsibility to provide drinking water that meets federal and state standards. (true/false) - Correct Answer true Water must be disinfected, delivered at inadequate pressure, and be ample in quantity. (true/false) - Correct Answer false (adequate pressure) Utility employees should guard the water supply and facilities from contamination, public tours, and even terrorism. (true/false) - Correct Answer false (public tours) The state requires bacteriological sample res...

Texas State Medical Jurisprudence Exam (Board Review 2023) – Complete Questions and Answers 100% Correct Texas State Medical Jurisprudence Exam (Board Review 2023) – Complete Questions and Answers 100% Correct Texas State Medical Jurisprudence Exam (Board Review 2023) – Complete Questions and Answers 100% Correct Texas State Medical Jurisprudence Exam (Board Review 2023) – Complete Questions and Answers 100% Correct Definitions of knowing vs reckless vs criminal negligence? - ANSWER - ...

Aceable Law of Agency Review Exam Questions with 100% Correct Answers Here are the four major types of agency acts: - answerListing Buying Leasing Property Management TREC's purpose is to - answerregulate educational and licensing programs that maintain standards AND interpret legislation that affects the real estate profession — primarily the Texas Real Estate License Act (TRELA). Integrity - answerSatisfy to the commission (TREC) that the candidate meets and exceeds their characte...

Broker's Price Opinion (BPO) A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property Closing The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount Comparative Market Analysis (CMA) A report comparing the prices of sold homes that are similar to the subject property (called comparables), created by a license ho...

How old do you have to be to take DD? - Answer- Any age What are other names "Defensive Driving" is known by? - Answer- Driver Safety Course (DSC), Traffic Safety Course What is the Defensive Driving course used for? - Answer- Dismiss a ticket, insurance discount, job requirement Will insurance companies accept Aceable's Defensive Driving course for an insurance discount? - Answer- We are approved by the state of Texas. It's up to the student to contact their insurance company to se...

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Which of the following has the authority to suspend or revoke a Texas real estate license? - correct answer TREC Which of the following is an element of a listing agreement? - correct answer the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? - correct answer salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the br...