Trec state exam 3 - Study guides, Class notes & Summaries

In the State of Texas who is allowed to use a customized real estate contract? The real estate brokerage company The salesperson The broker Lawyers licensed to practice in Texas - Answer- Lawyers licensed to practice in Texas Marcy is 17 and married. Her spouse is stationed in the Middle East. She purchased a home shortly before Stan, her husband returns to the United States. Select a problem that exists with this situation. Offer and acceptance issue Competency issue Consideration iss...

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 brok...

1. TREC has the power to order witnesses to appear and/or produce records of documents for its investigations and hearings. This is called subpoena power. If a license holder fails to respond to a subpoena, what can TREC do? (a) TREC can assess an administrative penalty against the license holder for up to $4,000. (b) TREC can immediately revoke the license of the license holder without a hearing. (c) TREC can file suit with the Attorney General to enforce the subpoena. (d) TREC can ...

Champions Real Estate - Principles 1 Exam 2024 Already Passed brokerage the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction; a brokerage transaction may or may not involve agency relationships The role of a property manager Generally responsible for the day to day operations of the property, maintenance, and tenant relations How are home inspectors licensed? Home inspectors are licensed in Texas by TREC. Real ...

Law of Contracts Practice Exam Champions Questions and 100% Correct Answers Law of Contracts Practice Exam Champions (100% Correct) In ______the Texas Real Estate Commission was established to administer and enforce the TRELA. a. 1939 b. 1929 c. 1949 d. 1993 - c. 1949 TREC has only _______ promulgated lease forms. a. 1 b. 2 c. 3 d. 4 - b. 2 In the TAR® Seller's Disclosure the seller should _______. a. prepare the disclosure when the listing is taken b. be the only one completing this form or...

Champions Real Estate - Principles 1 Exam 2023 (Principles of Real Estate I class study cards) A+ Graded brokerage the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction; a brokerage transaction may or may not involve agency relationships The role of a property manager Generally responsible for the day to day operations of the property, maintenance, and tenant relations How are home inspectors licensed? Home inspect...

Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 1. a: Townhomes and single-family homes differ in that a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not o...

Texas Real Estate State Exam Questions and Answers 100% Pass When was TREC created? 1947 TREC has the authority to.. make rules and regulations. It's rules and laws govern license holders TREC has how many commission members? 9 members, 3 represent the general public and 6 are real estate brokers TREC has the power to.. subpoena books, records, and witnesses and issue and revoke real estate licenses If your license is revoked by TREC... You can appeal the decision to the district court Who...

Purpose of the Tennessee Real Estate Commission aka. TREC Their mission is to protect the public. The commission may enact and enforce bylaws, rules and regulations that are reasonably necessary. Number of Members in TREC 9 Required Member Demographics The governor appoints 7 members who are brokers and/or affiliate brokers. 2 non-licensee members are selected to serve on the commission who must be from different divisions (i.e. east, west, or middle). Also must have at least 1 ...

What is the name of the Tennessee real estate regulatory body? a) Division of the Tennessee Real Estate B) Tennessee Real Estate Commission C) Board of Real Estate Regulators D) Tennessee Real Estate Board B How many members are on the Tennessee Real Estate Commission? A) 10 B) 9 C) 5 D) 15 B How many years may they serve? a) 3 years b) 5 years c) 6 years d) 4 years b What is the purpose and mission of TREC? a) to license and regulate real estate brokers and ...