- Study guides, Class notes & Summaries

TREC (State Exam) questions with correct answers

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18 pages

Written in 2024/2025

Grade A+

EXAMSTUDYPLUG

TREC National Exam with correct answers

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28 pages

Written in 2024/2025

Grade A+

EXAMSTUDYPLUG

TREC FINAL EXAM with correct answers

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42 pages

Written in 2024/2025

Grade A+

EXAMSTUDYPLUG

TREC Exam with correct answers

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4 pages

Written in 2024/2025

Grade A+

EXAMSTUDYPLUG

TREC State Exam Practice questions with correct answers

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39 pages

Written in 2024/2025

Grade A+

EXAMSTUDYPLUG

TREC questions 80 questions with 100% correct answers/TREC questions 80 questions with 100% correct answers/TREC questions 80 questions with 100% correct answers

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26 pages

Written in 2024/2025

Grade A+

examsetters

TREC State Exam with 90 Practice questions and answers update.

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42 pages

Written in 2023/2024

ProfessorMarie

Class F License – GA (Solved) Questions & Answers!

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3 pages

Written in 2023/2024

Grade A+

STOMZY

TREC - Standards of Practice Exam, Legal/Ethics (8-hour class Texas Professional Inspector)

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7 pages

Written in 2023/2024

Grade A+

LUCKYSTAR2022

TREC Home Inspector National Exam – HVAC with complete solutions.TREC Home Inspector National Exam – HVAC with complete solutions.TREC Home Inspector National Exam – HVAC with complete solutions.TREC Home Inspector National Exam – HVAC with complete solutions.TREC Home Inspector National Exam – HVAC with complete solutions.TREC Home Inspector National Exam – HVAC with complete solutions.TREC Home Inspector National Exam – HVAC with complete solutions.TREC Home Inspector National Ex...

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16 pages

Written in 2023/2024

saraciousstuvia

TREC Home Inspector National Exam – HVAC questions with correct answers.TREC Home Inspector National Exam – HVAC questions with correct answers.TREC Home Inspector National Exam – HVAC questions with correct answers.TREC Home Inspector National Exam – HVAC questions with correct answers.TREC Home Inspector National Exam – HVAC questions with correct answers.TREC Home Inspector National Exam – HVAC questions with correct answers.TREC Home Inspector National Exam – HVAC questions wit...

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5 pages

Written in 2023/2024

Grade A+

saraciousstuvia

TREC Promulgated Contract Forms #351 Final Exam 2023/2024 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 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 acc...

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14 pages

Written in 2023/2024

SolutionsHub

TREC Purpose - Answer- To protect general public in dealing with licensee TREC composition - Answer- 9 members appointed by the governor, 6 must be licensed brokers, 3 must be members who represent the public, all must be voters, public members may not be associate with the commission, they serve six year staggered terms TREC does not - Answer- Mediate disputes among and between licensees, involve itself with compensation disputes among licensees, recommend certain licensees to the public ...

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3 pages

Written in 2023/2024

GEEKA

What year was the License Act passed? And when was TREC created? - Answer- Passed: 1939 Created: 1949 How many members does TREC consist of? - Answer- 9; 6 commission, 3 represent gen public T/F Only TREC has the power to issue or revoke Real Estate Licenses - Answer- True What is the penalty for engaging in brokerage without a license? - Answer- Class A misdemeanor and subject to a fine of not more than $4,000 or imprisonment for more than one year An unlicensed assistant is able: ...

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3 pages

Written in 2023/2024

Grade A+

GEEKA

C - Answer- Which of the following is true regarding the Texas Real Estate Commission? A) Commissioners serve staggered 3-year terms. B) Nine members are elected to 6-year terms. C) Three members must represent the public. D) Six members are appointed by the governor with the approval of the Senate. B - Answer- The TREC is empowered to A) enact laws to administer license law statutes. B) discipline violators of license laws. c) impose incarceration sentences for flagrant ...

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2 pages

Written in 2023/2024

Grade A+

GEEKA

The fact that an individual must go to the land describes which of the physical characteristics of land? a. non homogeneity b. immobility c. indestructability d. situs - Answer- b. immobility John and Mary are co-owners of a property. John has a 60% interest in the property and Mary has a 40% interest. What type of freehold estate do they have? a. joint tenancy b. Estate in severalty c. Tenancy in Common d. Life estate - Answer- c. Tenancy in Common A property is surveyed to de...

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16 pages

Written in 2023/2024

Grade A+

GEEKA

What happens when two parties to a sale of a house have not established a fixed time for the transaction to close? Answer Choices: The sale will not be legal The time will then fall under the UCC Both parties are not bound to the transaction within 30 days The seller can continue to accept other offers - Answer- In Texas this is usually one month and it falls under the UCC. Why make the "time is of the essence" clause clearly labeled? Answer Choices: To avoid confusion To make cer...

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8 pages

Written in 2023/2024

Grade A+

GEEKA

An injured party can sue the owner and business (sole proprietorship) - Answer- false which of the following would allow you total control of company and protect the investors from creditors and lawyers if you messed up? - Answer- Limited partnership when starting a corporation, you would register... - Answer- both internal revenue service and state where it is registered sub s corporating has no limit on the number of stockholders - Answer- false (35) what is similar to general part...

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5 pages

Written in 2023/2024

Grade A+

GEEKA

A lead paint disclosure is required for all properties built before what year? - Answer- 1978 For how many years must a seller keep a copy of the lead paint disclosure he provided to the buyer? - Answer- 3 years Civil Rights Act Of 1866 - Answer- prohibits discrimination based on race or color. There are no exceptions or exemptions for this law. Title VIII of the Civil Rights Act of 1968 - Answer- forbids discrimination on the basis of race, color, national origin, and religion. A ...

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20 pages

Written in 2023/2024

Grade A+

GEEKA

Under the Texas Real Estate License Act, persons required to hold a license include a(n) - Answer- real estate broker operating out of her home. The Texas Real Estate Commission (TREC) is composed of how many members? - Answer- Nine A brokerage firm works with only buyer-clients. It advertises that it rebates 1% of its commission to its buyer-client. This is - Answer- legal. A licensee advises or counsels a person on the validity or legal sufficiency of an instrument or on the validity ...

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7 pages

Written in 2023/2024

Grade A+

GEEKA