Trec stands for Study guides, Class notes & Summaries
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AYPO Real Estate Principles of Real Estate I Exam Study Guide with Complete Solutions!!
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TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ANSWER-They conduct the unlawful practice of law 
 
ESAC stands for: - ANSWER-Education Standards Advisory Committee 
 
What refers to a location from an economic rather than a geographic standpoint? - ANSWER-Situs. 
 
Which amendment guarantees that a citizen will not be deprived of property without due process of law? - ANSWER-5th Amendment. 
 
The CFPB is the: - ANSWER-Consumer Financial Protection Bureau 
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AYPO Real Estate Principles of Real Estate I Exam Study Guide |questions with complete solutions
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TREC has the authority under TRELA to suspend or even revoke a broker's license if: -They 
conduct the unlawful practice of law 
ESAC stands for: -Education Standards Advisory Committee 
What refers to a location from an economic rather than a geographic standpoint? -Situs. 
Which amendment guarantees that a citizen will not be deprived of property without due process of 
law? -5th Amendment.
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AYPO Real Estate Principles of Real Estate I UPDATED Exam Questions and CORRECT Answers
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AYPO Real Estate Principles of Real Estate 
I UPDATED Exam Questions and 
CORRECT Answers 
TREC has the authority under TRELA to suspend or even revoke a broker's license if: - 
Correct Answer- They conduct the unlawful practice of law 
ESAC stands for: - Correct Answer- Education Standards Advisory Committee 
What refers to a location from an economic rather than a geographic standpoint? - Correct 
Answer- Situs. 
Which amendment guarantees that a citizen will not be deprived of property wi...
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TN test exam 2023 with 100% correct answers
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TN real estate rules and regulations are enforced by? - correct answerTREC 
 
MLS stands for - correct answerMultiple Listing Service 
 
How many hours for pre-licensing affiliate brokers in TN is required - correct answer90 
 
You have ___ many days to cancel a timeshare contract - correct answer15 
 
In TN, whose licenses must be displayed in businesses office - correct answerprincipal broker and all affiliate brokers 
 
A housing discrimination in TN should be filed with__ - correct answerTen...
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AYPO Real Estate Principles of Real Estate I Exam 2024 with 100% correct answers
- Exam (elaborations) • 9 pages • 2024
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TREC has the authority under TRELA to suspend or even revoke a broker's license if: - correct answer They conduct the unlawful practice of law 
 
ESAC stands for: - correct answer Education Standards Advisory Committee 
 
What refers to a location from an economic rather than a geographic standpoint? - correct answer Situs. 
 
Which amendment guarantees that a citizen will not be deprived of property without due process of law? - correct answer 5th Amendment. 
 
The CFPB is the: - corr...
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TREC EXAM QUESTIONS AND ANSWERS
- Exam (elaborations) • 3 pages • 2023
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What year was the License Act passed? And when was TREC created? - Answer- Passed: 1939 
Created: 1949 
 
How many members does TREC consist of? - Answer- 9; 6 commission, 3 represent gen public 
 
T/F Only TREC has the power to issue or revoke Real Estate Licenses - Answer- True 
 
What is the penalty for engaging in brokerage without a license? - Answer- Class A misdemeanor and subject to a fine of not more than $4,000 or imprisonment for more than one year 
 
An unlicensed assistant is able: ...
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Texas Pre-License - Principals of Real Estate I (Aceable) Questions and Answers(SCORED A+)
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Home inspector - ANSWER-A professional (that requires their own licensing) who performs a visual assessment of a property's physical condition for a buyer or seller. Prepares report of findings. 
 
Indestructibility - ANSWER-(Physical durability) Land is permanent. It can not be destroyed. 
 
Fixity - ANSWER-Land can not be moved. Geographic characteristic. 
 
situs - ANSWER-Desirability of a location. Economic preference for a location. 
 
Real Estate Law basis - ANSWER-All RE law begins with ...
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AYPO Real Estate Principles of Real Estate I Exam Study Guide Questions and Answers Best rated A+ Guaranteed Success Latest Update
- Exam (elaborations) • 8 pages • 2024
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TREC has the authority under TRELA to suspend or even revoke a broker's license if: - They 
conduct the unlawful practice of law 
ESAC stands for: - Education Standards Advisory Committee 
What refers to a location from an economic rather than a geographic standpoint? - Situs. 
Which amendment guarantees that a citizen will not be deprived of property without due process of 
law? - 5th Amendment. 
The CFPB is the: - Consumer Financial Protection Bureau 
A professional organization or associatio...
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AYPO Real Estate Principles of Real Estate I |77 Exam Study Guide Sample Questions With 100% Correct Solutions |Download to Score A+
- Exam (elaborations) • 9 pages • 2024
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TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ️️They conduct the unlawful practice of law 
 
ESAC stands for: - ️️Education Standards Advisory Committee 
 
What refers to a location from an economic rather than a geographic standpoint? - ️️Situs. 
 
Which amendment guarantees that a citizen will not be deprived of property without due process of law? - ️️5th Amendment. 
 
The CFPB is the: - ️️Consumer Financial Protection Bureau 
 
A p...
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AYPO Real Estate Principles of Real Estate I Exam Study Guide 77 Questions with 100% Correct Answers | Verified | Latest Update|2024
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
-
- $7.99
- + learn more
TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ️️They conduct the unlawful practice of law 
 
ESAC stands for: - ️️Education Standards Advisory Committee 
 
What refers to a location from an economic rather than a geographic standpoint? - ️️Situs. 
 
Which amendment guarantees that a citizen will not be deprived of property without due process of law? - ️️5th Amendment. 
 
The CFPB is the: - ️️Consumer Financial Protection Bureau 
 
A p...
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