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Texas real estate principles of real estate 1 questions with validated answers.
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Texas real estate principles of real estate 1 questions with validated answers.

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  • September 15, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • texas real estate principles of real estate 1 ques

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  • Texas Principles of Real Estate 1
  • Texas Principles of Real Estate 1

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Texas Real Estate Principles 1 - Unit 2
Exam questions with actual answers.
Which committee proposes the Standards of Practice that dictate the responsibilities and scope of the
inspection by a licensed Real Estate Inspector? ANS - Real Estate Inspection Committee



Active sales agents and brokers may renew their licenses by submitting proof of completing __________
hours of continuing education courses. ANS - 18



All of the following can occur after a TREC hearing if the court agrees that a licensee committed a
violation, except: ANS - refer the matter to the IRS for wage garnishment.



A person who obtains judgment for actual damages due to misconduct by a real estate licensee can:
ANS - obtain funds from the Recovery Account if the licensee cannot pay.



In order to meet the CE requirement, all active brokers must complete eight of the 15 hours in a: ANS -
4-hour Legal Update Part 1 Course and 4 -hour Legal Update Part 2 Course.



An instructor who wishes to teach TREC legal courses must first: ANS - obtain certification through
training sessions.



The Real Estate License Act must be viewed separately from what is known as: ANS - all of the choices
apply.



Which of the following topics is not tested on the national portion of the real estate examination? ANS -
Statistical probabilities



TREC may suspend or revoke a license if the license holder: ANS - is convicted of a felony in which fraud
is an essential element.



If a broker or the broker's sales agents maintains more than one place of business to meet the public to
transact business, the broker must obtain a: ANS - branch office license

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