AYPO Real Estate Principles 1 Exam Study Guide with Complete Solutions

AYPO Real Estate Principles 1 Exam Study Guide with Complete Solutions The Texas Real Estate Commission consists of members appointed by the governor with the advice and consent of the: Senate. What is their composition? - None of these answers are correct - Six members who have been engaged in the brokerage business as licensed brokers as their major occupation for five years proceeding appointment; and six members who represent the public - three members who have been engaged in the brokerage business as licensed brokers as their major occupation for five years proceeding appointment; and six members who represent the public -Six members who have been engaged in the brokerage business as licensed brokers as their major occupation for five years proceeding appointment; and three members who represent the public - answerSix members who have been engaged in the brokerage business as licensed brokers as their major occupation for five years proceeding appointment; and three members who represent the public The term "False, Misleading or Deceptive acts or practices" Includes, but is not limited to which of the following acts? - Disparaging the goods - All of these -Passing off goods and services as those of another -Using deceptive representations or designations of geographic origin in connection with goods or services - answer- All of these The executive director shall give notice of the commissions order to the party under investigation. The notice must do which of the following? - State the amount of any penalty impose