Texas "Principles 1" (study & HW) Champions School of Real Estate study guide latest updated

Trec Commision Membership - ANSWER-___________________ has 9 Members (6 brokers, 3 public) appointed by governor. They serve 6 year staggered term. Texas Real Estate Borker Lawyer Committee - ANSWER-________________ has 13 Members (6 brokers, 6 lawyers, 1 public) Licensed by TREC - ANSWER--18 years old -a US citizen or lawfully admitted alien resident of the state Above are general Eligibility Requirements to be... buying, selling or leasing an easement pertaining to telecommunicaton, utility, railroad or pipeline services. - ANSWER-A certificate is required separate of the license when... Payments into Trust Account - ANSWER-________________ ensures the availability of a sufficient amount to pay on anticipated claims on the trust account. acting negligently or incompetently, commingling money and soliciting or selling offers for the sale of real estate by means of a lottery - ANSWER-A commission may suspend or revoke a license for... the district court in the county where the administrative hearing was held. - ANSWER-In order for an appeal to be made on a decision by the commission, it must be taken to...