Texas home inspector - Study guides, Class notes & Summaries

TREC Home Inspector Exam Questions with Verified Solutions What is the max TREC will pay? $12,500 per transaction; $30k for each licensee Number of members on TREC? 9; 6 Brokers / 3 Public. The each serve staggered years. How many members are on the Texas Real Estate Inspector Committee? 9; all professional inspectors for 5yrs. Staggered 6yr terms. 3 members expire Feb 1st in odd-numbered years. How many hours req for renewal of each of the three types of licensees? 16, 8, 0 R...

Texas Pre-License - Principals of Real Estate I (Aceable) Exam 2023/2024 commercial property - ANSWER-A real estate specialty. Commercial property includes: Office buildings, Retail Stores, gas stations Industrial property - ANSWER-Includes commercial property used for: manufacturing, storage, distribution centers, research, warehousing Home inspector - ANSWER-A professional (that requires their own licensing) who performs a visual assessment of a property's physical condition for a bu...

Texas Reporting 2024 Test Exam Questions With Correct Answers New Update What is a covering for the exterior of the house that protects the framework of the structure? - Answer -Wall cladding or siding The inspector is required to describe the materials used as siding. True or False - Answer -True The inspector is required to inspect and or operate all entryway doors, and windows T/F - Answer -True Inspector is not required to observe, storm windows, storm doors, screening shu...

commercial property - ANSWERSA real estate specialty. Commercial property includes: Office buildings, Retail Stores, gas stations Industrial property - ANSWERSIncludes commercial property used for: manufacturing, storage, distribution centers, research, warehousing Home inspector - ANSWERSA 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 - ANSWERS(P...

Principles of Real Estate 1 Exam With 100% Correct Answers Texas Real Estate Agent - answerA 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? - answerNo. There are two types of licenses: - answerbroker's and salesperson's license What is the most popular division of the real estate market? - answerResidential real estate because there are more transactions in r...

Home Inspector Professional Liability Insurance Requirement Section 535.211 Real Estate Inspectors Sub chapter R TREC Standards of Practice Location 535.227 - 535.332 How many members are on the Texas Real Estate Committee? 9 How many members of the Texas Real Estate Inspector Committee may be Professional Inspectors? 6 Inspector Members of the Texas Real Estate Inspector committee may serve how long? staggered six-year terms How many consecutive t...

Champions School Ch. 1 - Intro to Real Estate Latest Version Graded A+ brokerage the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. RMLOs Are also know as mortgage brokers NAR The largest trade organization representing real estate professionals Value A fair return or equivalent in goods, services, or money for something exchanged appraisal the business of providing a professional opinion of the value of real...

Principles of Real Estate 1 Exam With 100% Correct Answers Texas Real Estate Agent - answerA 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? - answerNo. There are two types of licenses: - answerbroker's and salesperson's license What is the most popular division of the real estate market? - answerResidential real estate because there are more transactions in r...