Texas auctioneer license - Study guides, Class notes & Summaries

Texas Auctioneer License-Part 1 Exam Questions and Answers

Texas Auctioneer License Exam Questions With Solutions | 2023-2024 | Verified. A contract is rendered invalid if it's exact commencement is not noted. False. An agreement sufficient to cons*tute a contract for sale may be found even though the moment of its making is undetermined. True of False. When a lot is sold with other lots owned by the same seller, all lots are considered one "sale". False. Each lot is a different "sale". When is the sale complete at auc*on? when the auc*onee...

Texas Auctioneer License-Part 1-with 100% verified solutions-2023-2024

Texas Auctioneer License Exam Questions and Answers | Latest 2023-2024 | GRADE. Who must obtain a firearms license? Persons in the business of impor*ng, manufacturing, or dealing in firearms, or impor*ng or manufacturing ammuni*on What is an an*que? Any work of art, piece of furniture, decora*ve object, or the like, created or produced in a former period, or, according to U.S. customs laws, 100 years before date of purchase. What is "provenance"? Place or source of origin; the history o...

Texas Auctioneer License-Part 1-with 100% verified solutions-2023-2024

List the 15 classifications/persons that are EXEMPT from Real Estate Licensing. - Answer Texas Licensed Attorneys; Court Appointed Receivers, Trustees, Guardians and Sheriffs; Administrators & Executors of a will; On-site-Apartment Managers; New Home Sales Persons working for ONE builder or owner; Cemetery Lot Salesperson; FSBO; An Employee leasing or renting property for the owner; Hotel/Motel Personnel; An Attorney-In-Fact; An Auctioneer CALLING in a Real Estate Auction; Anyone selling a Mo...

Texas Auctioneer License Part 1 Exam With Complete Questions And Answers 2024

Name some persons that are exempt from needing an auctioneer license. 1. U.S. court ordered sale 2. A government sponsored or conducted sale. 3. A charitable organization as long as no compensation 4. A sale of real property by a trustee under a security instrument. 5.A sale of real property by an owner with an interest or employee (unless he/she is a licensed auctioneer by trade) and all property is under a security instrument 6. sealed bid auction w/o option to bid again 7. livestoc...

Texas Real Estate Exam; STATE portion questions and answers 100% guaranteed success. How many members in TREC? - correct answer. 9: 3 general public, 6 brokers Who appoints, confirms TREC members? - correct answer. Governor appoints, senate approves How many members on the Broker-Lawyer Committee? - correct answer. 13: 6 brokers, 6 lawyers, 1 public member Who appoints Broker-Lawyer committee members? - correct answer. Brokers/TREC, Lawyers/Pres of State Bar...

Attorneys Must have a real estate license to participate in a commission split. Attorneys can handle a real estate transaction for a client for a fee as long as they do not participate in broker to broker commission split. Any attorney licensed in a state other than Texas will need to be licensed in Texas (as a attorney) to handle a real estate transaction for a client for a fee in Texas. An Attorney-in-fact Auctioneers Must have license if involved in any part of a real estate transacti...