Under the dtpa Study guides, Class notes & Summaries

Deceptive Trade Practices and Consumer Protection Act Unit 11 - (2023/2024) Already Passed According to case law interpreting the professional services exemption to the DTPA, what type of statement is NOT covered by the professional services exemption? A) A statement of judgment B) A statement of advice C) A statement of opinion D) A statement of fact A statement of fact Is a real estate broker in Texas allowed to accept a listing that will be sold "as is?" A) Yes, as long as the br...

Forms published and promoted by the TREC for use in the Texas real estate profession are referred to as: - ️️️Promulgated forms The Texas Real Estate Commission (TREC) is a ___-member commission appointed by the governor with the advice and consent of the senate for overlapping ___-year terms. - ️️️9, 6 Contract law presents a particularly high risk of the unauthorized practice of law when a licensee chooses to do which of the following? - ️️️Create their own contract for...

SF: Texas All Lines Adjuster; Pre-licensing Practice Exam with Complete SolutionsSF: Texas All Lines Adjuster; Pre-licensing Practice Exam with Complete SolutionsSF: Texas All Lines Adjuster; Pre-licensing Practice Exam with Complete Solutions Which regulatory body handles violations of related insurance issues only? - ANSWER-Texas Insurance Code (TIC) What license carries the minimum requirements to handle homeowner's claims? - ANSWER-Property, Casualty & Surety 30% of the questions o...

Real Estate Broker A person or an organization acting as the agent for others in negotiating the purchase and sale of real property or other commodities for a fee. Real Estate Salesperson A person performing any of the acts included in the definition of real estate broker but while associated with and supervised by a broker. Value The present worth of future benefits. Price The amount a purchaser agrees to pay and a seller agrees to accept under the circumstances surroun...

TX-Brokerage (SAE), Texas Real Estate Brokerage 30 Hours 2019, texas sae real estate brokerage, Real Estate: Brokerage Final Exam Questions/Answers, Real Estate: Practice Exam (Questions/Answers), Real Estate: Agency Exam Questions/Answers, texas sae... The _____ is required to ascertain that Brokers are aware of all of their responsibilities. - Texas Real Estate Commission The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate br...

Texas Law of Contracts Practice Questions with solutions 2024 The purpose of the TRELA is to... protect the public protect real estate brokers from unscrupulous salespeople keep the cost of real estate services under control protect real estate license holders protect the public The DPTA is a consumer protection law which protects the public from false or misleading acts deceptive acts unconscionable acts all of these all of these Which action might leave...

Exam: Law of Agency – Champions Questions and Answers 100% Pass Which of the following has the authority to suspend or revoke a Texas real estate license? TREC Which of the following is an element of a listing agreement? 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? salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by ...

Which regulatory body handles violations of related insurance issues only? - ANSWER-Texas Insurance Code (TIC) What license carries the minimum requirements to handle homeowner's claims? - ANSWER-Property, Casualty & Surety 30% of the questions on the license exam are considered "Knowledge-based" questions. What are the remaining 70% considered? - ANSWER-Application-based Most Workers' Compensation policies have what type of policy limit? - ANSWER-None Which one of the following ...

RELE 2201 CHAPTER 11 REVIEW RATED A All of the following are essential elements to a cause of action for fraud except mistake As originally written, the DTPA did not cover real estate transactions. True Consumers are protected under DTPA from A. false, misleading and deceptive practices. B. unconscionable actions. C. breaches in warranty. ALL OF THE ABOVE One of the advantages of DTPA to consumers is that they may recover more than just actual damages. True Punitive damages are punishing da...

SAE Brokerage Texas Questions and Answers 100% Accurate 2024 Good Under the DTPA, a home for sale is considered a ___________. If the broker has an established business relationship with the person on the Do-Not-Call Registry within the last 18 months Under what circumstance may an agent call a person who is on the Do-Not-Call Registry? Statute of Frauds Which body of law requires certain contracts to be in writing in order to be enforceable? 3 According to the text, ho...