Trec board - Study guides, Class notes & Summaries

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages, ...

What is the name of the Tennessee real estate regulatory body? a) Division of the Tennessee Real Estate B) Tennessee Real Estate Commission C) Board of Real Estate Regulators D) Tennessee Real Estate Board B How many members are on the Tennessee Real Estate Commission? A) 10 B) 9 C) 5 D) 15 B How many years may they serve? a) 3 years b) 5 years c) 6 years d) 4 years b What is the purpose and mission of TREC? a) to license and regulate real estate brokers and ...

Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 1. a: Townhomes and single-family homes differ in that a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not o...

DEED - Answer The legal written document that conveys the intangible ownership rights (title) of a real estate property to another property. DEED OF TRUST - Answer A security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR - Answer A trustee is an individual person given control of property in trust with a legal obligation to administer it solely for...

real estate Tennessee State Exam Questions And Answers, Over 200 Questions And Answers, Complete Solution 2023 What is the name of the Tennessee real estate regulatory body? a) Division of the Tennessee Real Estate B) Tennessee Real Estate Commission C) Board of Real Estate Regulators D) Tennessee Real Estate Board B How many members are on the Tennessee Real Estate Commission? A) 10 B) 9 C) 5 D) 15 B How many years may they serve? a) 3 years b) 5 years c) 6 years d) 4 years ...

Samantha is a real estate licensee. She's showing her client a property. The client asks about some spots on the ceiling and wonders if they're an indication of a roof leak. What should Samantha do? Suggest that her client contact a roofing expert to make a determination. Buying and selling homes is Samantha's area of expertise, not identifying roof leaks. She shouldn't offer an opinion about whether the roof leaks, but she should suggest contacting an expert in this fi...

DEED OF TRUST - ANSWER-A security instrument that places the deed to the property in a trust held by the lender until a mortgage is paid off, when the trustee will transfer the deed to the borrower. TRUSTEE VS TRUSTOR - ANSWER-A trustee is an individual person given control of property in trust with a legal obligation to administer it solely for the purposes specified. The trustor is the borrower. ENCUMBRANCE - ANSWER-Any restriction, encroachment, claim, or lien on a property (such as a m...

Champions Principles of Real Estate 1 Questions with Complete Solutions Brokerage is the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. a. True b. False a. True Property managers are generally responsible for the _______ of a property that they manage. a. day-to-day operations b. maintenance c. tenant relations d. all of the above d. all of the above Mortgage brokers are now known as: a. TFBs b....

TREC General Powers, Composition, Duties, and Powers: Real Estate Advisory Committees -TREC was created in 1949 to administer the provisions of the License Act which was passed in 1939. The primary purpose of both the License Act and TREC is to protect the public. -TREC has the authority to make rules and regulations. TREC can advise with reference to its rules and the laws that govern license holders. -TREC consists of 9 commission members, 3 represent the general public and 6 are real estate...

TREC Question and answers rated A+What state agency is responsible for the licensing of real estate appraisers? - correct answer Texas Appraiser Licensing and Certification Board A broker or salesperson who fails to give the statutory title notice to the buyer at or before closing A) will have the license suspended without reinstatement for two years. B) must forfeit the entire commission on the subject transaction but in so doing is absolved of any other liability. C) may have the li...