Trec sae - Study guides, Class notes & Summaries

Property Management Champions Exam 2023 Test Questions With Correct Answers Well Elaborated

Champions Exam Prep: State Questions And Answers Graded A+ TREC was created in what year? 1949 to administer the provisions of the license act License Act passed in what year? 1939. first the Act (law) then commission that *enforces* the law TREC penalties for unlicensed activity Subject to $4,000 or imprisonment up to 1 year or both. Held in the county court Administrative penalty fee $5,000 per day. AMDIN=5 LETTERS "$5K" Recovery Trust Account limits max payment $10...

TX-Brokerage (SAE) Questions and Answers | Latest Update | 2024/2025 | Already Passed **What is required to ensure that Brokers are aware of all their responsibilities?** The Texas Real Estate Commission. **What does the Broker Responsibility MCE course address?** The regulatory aspects of managing, operating, and supervising a real estate brokerage firm in Texas, covering obligations under 22 TAC §535.2. **Who is required to take the Broker Responsibility MCE Course?** A broke...

SAE Residential Inspection (Champions TX Key Terms)2023/2024SAE Residential Inspection (Champions TX Key Terms)2023/2024SAE Residential Inspection (Champions TX Key Terms)2023/2024 inspection - ANSWER-a process of looking at and examining accessible items, parts, systems, or their components and the reporting of any observed deficiencies on the TREC-mandated report form. A limited visual survey and evaluation of the basic operation of the systems and components of a building, using normal cont...

TREC correct answer: The Texas Real Estate Commission 6 broker members and 3 public members created to administer the provisions of the license act, they promulgate contract forms for licensees TRELA correct answer: The Texas real estate license act passed by legislation to protect the public Broker lawyer committee correct answer: 6 attorneys appointed by the President of the state Bar, 6 brokers appointed by the TREC and 1 public member appointed by the Governor, they write the Texas ...

Apartment Locator - a real estate license holder who locates dwelling units for prospective tenants Tenant - one who possesses (rents) real property for a period of time, usually under a lease. The property or estate is normally owned by the landlord. Broker - Someone who assists in buying and selling to receive a commission Client - The person that an agent is representing, made official through a representation documents. Sales Agent Apprentice Education (SAE) - an educational requir...

Pearson Vue Texas RE Study Guide 2024 with 100% Complete Solutions TRELA - Answer- Texas Real Estate License Act - Law that governs real estate licensees and sets the power for TREC TREC - Answer- Texas real estate commission TREC Composition - Answer- 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 - Answer- 1) Ma...

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...

Champions - SAE Course Residential Inspection for Real Estate Agents Questions with Correct Answers Who licenses real estate inspectors? - -TREC The role of sales agent in disclosing property condition: - -agent must refrain from giving an opinion of the condition of the property or the validity of any findings in the report. Sales agents responsibility to explain the inspection process. TREC standards of practice - what properties are covered - -resales or substantially completed houses....

Residential Inspection for Real Estate Agents SAE Exam - Questions and Answers Bricks are laid on the front part of the foundation known as the ________. Wall ties ________ brick is made of sun-dried earth and straw. Adobe The screen at the bottom of the stucco wall, called a ________, must be kept free of debris so the wall can properly drain moisture. Weep Screed Bricks are attached to the sheathing by metal strips called Brick ties According to the TREC Minimum Requirements for Structural S...