Aypo law of agency - Study guides, Class notes & Summaries

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AYPO Law of Agency 2024 ACTUAL EXAM QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT) | A+ GRADE ASSURED The Original Legislation: The Real Estate Dealers Act of 1939 main piece of Texas law governing the licensing and behavior of real estate professionals in the state. The Real Estate License Act (TRELA) Licensing Duties were added in: 1955 Broker license was changed from 2 years in the 36 month before the application to: 4 Years in the 60 months before application TREC is the ag...

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AYPO Law of Agency Exam Questions and Answers 100% Solved The Original Legislation: The Real Estate Dealers Act of 1939 main piece of Texas law governing the licensing and behavior of real estate professionals in the state. The Real Estate License Act (TRELA) Licensing Duties were added in: 1955 Broker license was changed from 2 years in the 36 month before the application to: 4 Years in the 60 months before application TREC is the agency in charge of overseeing the licensing and prof...

?Is an Agency Relationship Required - Technically, an agency relationship is not needed to assist a buyer during a transaction. Licensees can work with buyers informally as customers, eschewing any contractual agreement. Nor are agents of selling parties forbidden from providing assistance to buyers agents. However, seller's agents must not forget that dual agency is illegal in Texas. "Buyer Beware." - Historically real estate sales were performed under the concept of caveat emptor or "...

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The Original Legislation: - The Real Estate Dealers Act of 1939 main piece of Texas law governing the licensing and behavior of real estate professionals in the state. - The Real Estate License Act (TRELA) Licensing Duties were added in: - 1955 Broker license was changed from 2 years in the 36 month before the application to: - 4 Years in the 60 months before application TREC is the agency in charge of overseeing the licensing and professional activities of: - -Real estate brokers -Real ...

AYPO LAW OF AGENCY QUESTIONS AND ANSWERS