Texas Real Estate Principles 1 - Unit 1 Exam Questions With Complete Solutions
The Committee has _____ members appointed by the Commission. correct answer: 12 The __________ is a statute that is administered and enforced by the Texas Real Estate Commission (TREC), which is a state agency. correct answer: Real Estate License Act A successful career in real estate requires someone to: correct answer: be a self-started. A peak is characterized as the __________ turning point of a business cycle. correct answer: upper To be eligible to get a Texas real estate sales agent or broker license, a person must: correct answer: All of the choices apply Which of the following is not a duty of TREC? correct answer: Creates state laws, statues, and rules What are changes in business and economic activity that occur within the year? correct answer: Short-term fluctuations. The majority of new licensees begin their careers with a __________ to help homeowners sell and homebuyers purchase homes. correct answer: residential brokerage
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texas real estate principles 1 unit 1 exam quest
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