Which of the following has TREC
the authority to suspend or
revoke a Texas real estate
license?
Which of the following is an the agreement to pay a stated commission, usually a
element of a listing percentage of the sales price
agreement?
the IRS considers which of salesperson is told to work set hours, guaranteed a
the following a violation of monthly minimum wage, has his licensing fees paid by
independent contractor the broker
status?
the TAR buyer authorizes intermediary, authorizes the buyer to give the
representation agreement agent complete loyalty, establishes an exclusive market
in or text book: area
The amendments in 1996 to The licensee did not know of the falsity of the
the License Act state that an misrepresentation
agent is not liable for a
misrepresentation or
concealment of material
fact by a party if:
One who hires an agent to principal
represent him is called a:
It is always a good idea to The seller fill out the Seller's Disclosure Notice
have:
, A real estate brokerage firm false
that practices buyer agency
only has a lot of
intermediary transactions.
Which of the following is a Written information obtained from a government record
statutory defense for a
lawsuit brought about by
DTPA?
A licensee is not liable for a true
misrepresentation or a
concealment of a material
fact made by a party to a
real estate transaction if the
seller did not disclose it to
the agent.
Actual awareness of a knowingly
falsity, deception, or
unfairness of an act under
DTPA is known as:
The TREC was established 1949
in:
an exemption to using the a lease for not more than 1 year
Information About
Brokerage Services form is:
listings can be terminated at true
any time by mutual
agreement
Held to the highest degree of good faith, Required to
fiduciaries are: exclude selfish interest, Require to make disclosures of
all relevant facts
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