TX-Brokerage (SAE) Exam| Complete Exam
Questions and CORRECT Answers| (2025 update)
Assured success| grade A+
Save
Terms in this set (685)
The _____ is required to Texas Real Estate Commission
ascertain that Brokers are
aware of all of their
responsibilities.
The _____ course is to Broker Responsibility MCE
address the regulatory
aspects of the
management, operation
and supervision of a real
estate brokerage firm in
Texas. The course
provides an understanding
and working knowledge
of a broker's
responsibilities and
obligations under 22 TAC
§535.2.
, A broker who sponsors salespersons, a designated
broker of a business entity, and a license holder who
Who Must Take The Broker is a delegated supervisor of one or more license
Responsibility MCE holders (for six months or more during the
Course? supervisor's current license period), to complete this
six—hour broker responsibility course to renew a
license.
"Act of God" A natural disaster or fire
Broker must, at a minimum, 4
maintain the following
records in a format that is
readily available to the
Commission for at least ____
years from the date of
closing, termination of the
contract, or end of a real
estate transaction
Recruitment of a School
salesperson by a broker is
not regulated with the
exception that instructors
or other persons
associated with a ___ may
NOT recruit or solicit
prospective salespersons
or brokers in a classroom
during class time
There is no provision in Recruiting
the Act or the TREC Rules
prohibiting a broker from
_____ a salesperson or
broker—associate
affiliated with another
broker.
, ________ are exempt from Attorneys
any of the provisions of
the Texas Real Estate
License Act. They are
permitted to represent
clients in real estate
transactions by virtue of
their license to practice
law.
Brokers CANNOT share Principals
their fees with attorneys
who perform a brokerage
service, attorneys must
seek compensation for
that service directly from
one of the ______ in a
transaction
Can a listing broker share No. A broker is prohibited from sharing fees with or
a portion of the listing otherwise compensating the attorney acting as a
broker's commission with buyer's agent unless the attorney holds an active real
an attorney who estate license.
represented the buyer in a
real estate transaction?
Yes. Rule 531.20(b) states that each broker and sales
Is a link to the IABS form agent must provide a link on its homepage to the
required on my website? IABS Form labeled "Texas Real Estate Commission
Information About Brokerage Services".
IABS link must be in at 10
least a ______ point font and
in a readily noticeable
place on the homepage of
the business website of
the broker and sales
agent.
Questions and CORRECT Answers| (2025 update)
Assured success| grade A+
Save
Terms in this set (685)
The _____ is required to Texas Real Estate Commission
ascertain that Brokers are
aware of all of their
responsibilities.
The _____ course is to Broker Responsibility MCE
address the regulatory
aspects of the
management, operation
and supervision of a real
estate brokerage firm in
Texas. The course
provides an understanding
and working knowledge
of a broker's
responsibilities and
obligations under 22 TAC
§535.2.
, A broker who sponsors salespersons, a designated
broker of a business entity, and a license holder who
Who Must Take The Broker is a delegated supervisor of one or more license
Responsibility MCE holders (for six months or more during the
Course? supervisor's current license period), to complete this
six—hour broker responsibility course to renew a
license.
"Act of God" A natural disaster or fire
Broker must, at a minimum, 4
maintain the following
records in a format that is
readily available to the
Commission for at least ____
years from the date of
closing, termination of the
contract, or end of a real
estate transaction
Recruitment of a School
salesperson by a broker is
not regulated with the
exception that instructors
or other persons
associated with a ___ may
NOT recruit or solicit
prospective salespersons
or brokers in a classroom
during class time
There is no provision in Recruiting
the Act or the TREC Rules
prohibiting a broker from
_____ a salesperson or
broker—associate
affiliated with another
broker.
, ________ are exempt from Attorneys
any of the provisions of
the Texas Real Estate
License Act. They are
permitted to represent
clients in real estate
transactions by virtue of
their license to practice
law.
Brokers CANNOT share Principals
their fees with attorneys
who perform a brokerage
service, attorneys must
seek compensation for
that service directly from
one of the ______ in a
transaction
Can a listing broker share No. A broker is prohibited from sharing fees with or
a portion of the listing otherwise compensating the attorney acting as a
broker's commission with buyer's agent unless the attorney holds an active real
an attorney who estate license.
represented the buyer in a
real estate transaction?
Yes. Rule 531.20(b) states that each broker and sales
Is a link to the IABS form agent must provide a link on its homepage to the
required on my website? IABS Form labeled "Texas Real Estate Commission
Information About Brokerage Services".
IABS link must be in at 10
least a ______ point font and
in a readily noticeable
place on the homepage of
the business website of
the broker and sales
agent.
