Trec licenses Study guides, Class notes & Summaries

Who has the authority to make rules and regulations? - Answer TREC (not the state) What does TREC stand for? - Answer Texas Real Estate Commission - power to issue or revoke real estate licenses 1949 to administer License act Authority to make rules and regulations TREC has how many members? - Answer 9 3 represent the general public, 6 are real estate brokers All are appointed by the governor and approved by the Senate They serve for 6 yr terms subpoena - Answer basica...

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

Who has the authority to make rules and regulations? - Answer TREC (not the state) What does TREC stand for? - Answer Texas Real Estate Commission - power to issue or revoke real estate licenses 1949 to administer License act Authority to make rules and regulations TREC has how many members? - Answer 9 3 represent the general public, 6 are real estate brokers All are appointed by the governor and approved by the Senate They serve for 6 yr terms subpoena - Answer basica...

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...

The Real Estate License Act (TRELA) Exam 1 Quiz Questions Part 2 Already Passed Which of these IS NOT covered in The Real Estate License Act (TRELA) described above? 1. Requirements for establishing and maintaining a real estate business 2. Activities prohibited for licensees, disciplinary processes, and disciplinary actions 3. Structure and purpose of the Texas Real Estate Commission Which of these IS NOT a subchapter subject matter addressed by TRELA? The confidentiality of infor...

What year did the state enact the Tennessee real estate Broker License Act? correct answer: 1973 What is the purpose of the Tennessee real estate broker license Act? correct answer: to create rules for real estate professionals to protect the public against harmful actions by licenses What does TREC stand for? correct answer: Tennessee real estate commission aka the commission What does the TREC (the commission) do? correct answer: -Administer and enforce laws regarding licensed rea...

Principles of Real Estate Questions With Correct Answers. Texas Real Estate Agent A person who is licensed through TREC. Texas Real Estate Commission Does a person who manages, buys, sells, leases, or rents their own property have to be licensed through TREC? No. There are two types of licenses: broker's and salesperson's license What is the most popular division of the real estate market? Residential real estate because there are more transactions in residential in other...

TN real estate rules and regulations are enforced by? correct answer: TREC MLS stands for correct answer: Multiple Listing Service How many hours for pre-licensing affiliate brokers in TN is required correct answer: 90 You have ___ many days to cancel a timeshare contract correct answer: 15 In TN, whose licenses must be displayed in businesses office correct answer: principal broker and all affiliate brokers A housing discrimination in TN should be filed with__ correct answer...

TN Test 2024 All Questions With 100% Correct Answers TN real estate rules and regulations are enforced by? - Answer -TREC MLS stands for - Answer -Multiple Listing Service How many hours for pre-licensing affiliate brokers in TN is required - Answer -90 You have ___ many days to cancel a timeshare contract - Answer -15 In TN, whose licenses must be displayed in businesses office - Answer -principal broker and all affiliate brokers A housing discrimination in TN should be filed ...

Texas Real Estate Exam Questions with complete solution TREC - correct answer - consists of 9 commission members: 3 represent the general public and 6 are real estate brokers. - has the power to subpoena books, records, and witnesses. If a licensee fails to respond to a subpoena, they can file suit with the attorney general to enforce it - ONLY TREC has the power to revoke or issue real estate licenses - hearing for the revocation/suspension of a license automatically takes place in Austin...