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[Show more]TREC has the authority under TRELA to suspend or even revoke a broker's license if: - Answer-They 
conduct the unlawful practice of law 
ESAC stands for: - Answer-Education Standards Advisory Committee 
What refers to a location from an economic rather than a geographic standpoint? - Answer-Situs. ...
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Add to cartTREC has the authority under TRELA to suspend or even revoke a broker's license if: - Answer-They 
conduct the unlawful practice of law 
ESAC stands for: - Answer-Education Standards Advisory Committee 
What refers to a location from an economic rather than a geographic standpoint? - Answer-Situs. ...
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 fo...
Preview 2 out of 7 pages
Add to cartThe 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 fo...
"Psychological stigmas," which involve violent or catastrophic events on a property, fall under which 
category of disclosure? 
a. Required disclosures 
b. Prohibited disclosures 
c. Permitted disclosures 
d. None of these - Answer-c. Permitted disclosures 
If there is a field in a promulgated for...
Preview 2 out of 15 pages
Add to cart"Psychological stigmas," which involve violent or catastrophic events on a property, fall under which 
category of disclosure? 
a. Required disclosures 
b. Prohibited disclosures 
c. Permitted disclosures 
d. None of these - Answer-c. Permitted disclosures 
If there is a field in a promulgated for...
The Original Legislation: - Answer-The Real Estate Dealers Act of 1939 
main piece of Texas law governing the licensing and behavior of real estate professionals in the state. 
- Answer-The Real Estate License Act (TRELA) 
Licensing Duties were added in: - Answer-1955 
Broker license was changed fro...
Preview 2 out of 11 pages
Add to cartThe Original Legislation: - Answer-The Real Estate Dealers Act of 1939 
main piece of Texas law governing the licensing and behavior of real estate professionals in the state. 
- Answer-The Real Estate License Act (TRELA) 
Licensing Duties were added in: - Answer-1955 
Broker license was changed fro...
Real estate has been estimated to represent approximately - Answer-one-half of the world's total 
economic wealth. 
The buyer's ability to finance the property is an important, if not the -------, contingency in most 
residential transactions, and a significant driver in the entire real estate-bas...
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Add to cartReal estate has been estimated to represent approximately - Answer-one-half of the world's total 
economic wealth. 
The buyer's ability to finance the property is an important, if not the -------, contingency in most 
residential transactions, and a significant driver in the entire real estate-bas...
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