Trec state exam prep - Study guides, Class notes & Summaries

TREC-STATE EXAM PREP QUESTIONS AND ANSWERS

TREC-State Exam Prep 2024 Actual Questions and Verified Answers (2024 / 2025) A+ Grade 100% Guarantee Verified by Experts

Champions Exam Prep: State Questions with Verified Answers TREC has received an application for a Texas Real Estate Sales License from Mary. Mary has completed all her educational requirements, and passed the state exam. At this point TREC will begin the background check. What is FALSE? (a) TREC has no time limit for determining integrity (b) TREC has 30 days to complete the background check (c) TREC has 30 days to notify Mary of a decision to disapprove her application ...

State Prep - Texas RE Exam Questions and v Answers 2024 TREC has the power to order witnesses to appear and/or produce records of documents for its investigations and hearings. This is called subpoena power. If a license holder fails to respond to a subpoena, what can TREC do? (a) TREC can assess an administrative penalty against the license holder for up to $4,000. (b) TREC can immediately revoke the license of the license holder without a hearing. (c) TREC can file suit with the Atto...

TREC-State Exam Prep 2023-2024 with Complete SolutionsTREC-State Exam Prep 2023-2024 with Complete SolutionsTREC-State Exam Prep 2023-2024 with Complete Solutions Business should be conducted in a manner which: (a) Maintains maximum profitability to the inspector (b) Assures the client of the inspector's independence from outside influences (c) Presents a neat and clean appearance (d) Compromises the inspector's ability to render fair and impartial opinions - ANSWER-Assures the cl...

State Prep exam 2 questions and answers already passed If found guilty of performing an inspection without a license what will the results be? (a) Class A misdemeanor (b) Class B misdemeanor (c) Class C misdemeanor (d) Felony A, Class A misdemeanor Pete the inspector had two locations that were being inspected, how many apprentices can he have? (a) 1 (b) 2 (c) 3 (d) 4 A, 1 What does TREC not pay for out of the Recovery Fund? (a) Actual Damage (b) Punitive Damage (c) Att...

Champions Exam Prep: State Questions | 100% Correct Answers | Verified | Latest 2024 Version TREC has received an application for a Texas Real Estate Sales License from Mary. Mary has completed all her educational requirements, and passed the state exam. At this point TREC will begin the background check. What is FALSE? (a) TREC has no time limit for determining integrity (b) TREC has 30 days to complete the background check (c) TREC has 30 days to notify Mary of a decisio...

Texas State Exam -2 (Prep Agent) Questions and Answers 2024 How soon following the closing of a transaction may a broker receive a commission check? After the transaction is completed and funded A license holder in violation of the TRELA has received a summons from the Texas Real Estate Commission that a hearing will be held regarding the possible revocation or suspension of his license. The license holder fails to respond to the summons. What will the Texas Real Estate Commission do? ...

Champions Exam Prep: State Questions And Answers Graded A+ TREC was created in what year? 1949 to administer the provisions of the license act License Act passed in what year? 1939. first the Act (law) then commission that *enforces* the law TREC penalties for unlicensed activity Subject to $4,000 or imprisonment up to 1 year or both. Held in the county court Administrative penalty fee $5,000 per day. AMDIN=5 LETTERS "$5K" Recovery Trust Account limits max payment $10...

State Prep Exam I Questions And Answers Updated TREC has the power to order witnesses to appear and/or produce records of documents for its investigations and hearings. This is called subpoena power. If a license holder fails to respond to a subpoena, what can TREC do? (a) TREC can assess an administrative penalty against the license holder for up to $4,000. (b) TREC can immediately revoke the license of the license holder without a hearing. (c) TREC can file a suit with the Attorney Gener...