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Texas Real Estate Exam (State Portion): Commission Duties and Powers Questions and Answers well Explained Latest 2024/2025 Update 100% Correct.$7.99
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Texas Real Estate Exam (State Portion): Commission Duties and Powers Questions and Answers well Explained Latest 2024/2025 Update 100% Correct.
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Course
Texas Real Estate : Commission
Institution
Texas Real Estate : Commission
TREC Complaints - written against licensee, investigate through interviews, witnesses, etc.
Standards and Enforcement Services (SES) notify licensee
Priority of complaints: file must be maintained and risk based approach used
TREC (Texas Real Estate Commission) - Created in 1949 consisting of 9 ...
Texas Real Estate Exam (State Portion):
Commission Duties and Powers
TREC Complaints - written against licensee, investigate through interviews, witnesses, etc.
Standards and Enforcement Services (SES) notify licensee
Priority of complaints: file must be maintained and risk based approach used
TREC (Texas Real Estate Commission) - Created in 1949 consisting of 9 commissioners:
6 brokers with 5+ years experience, 3 general public
Appointed by the Governor for 6 years
Approved by 2/3 of the Senate
Coded TRELA as Title 7 of Occupational Code:
Chapter 1101- activities of brokers and sales assoc.
Chapter 1102- license and law of RE inspectors
TREC duties/ powers - make rules and regulations, full force and effect of law, protect public,
inspect/accredit education programs, advise with reference to laws administered, NOT mediate between
disputes, NOT recommend licensees, conduct hearings/final decisions in contested cases,
suspend/revoke licenses in violation of Act or rule
Real Estate Broker Lawyer Committee - draft/revise TREC promulgated contracts
13 members: 6 by commission, 6 state bar appointed by Pres., 1 public member appointed by Governor
staggered 6 year terms: 2 commission appointees, 2 state bar appointees (expires every 2 years)
Advisory Committee - may not receive compensation for but may be reimbursed for actual and
necessary expenses
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