Liberally construed - Study guides, Class notes & Summaries

Seller's Disclosure of Property Condition - must be given to a buyer before he signs an offer to make that offer binding on the buyer -if the buyer does not have the disclosure before signing, he has 7 days to terminate his offer, after receiving the disclosure -disclosure required in most states, but not all (required in Texas) Texas Real Estate License Act (TRELA) - -passed by legislation to protect the public against unscrupulous brokers and salesmen -rules and regulations are constru...

Texas Real Estate Exam (State) (2023/2024) Already Passed Texas Real Estate Commission (TREC) -created in 1949 -purpose: to administer the provisions of the License Act -authority to make rules and regulations -9 members (3 represent the general public, 6 are real estate brokers) -all appointed by the governor and approved by the Senate -serve 6 year terms -has the power to subpoena books, records, and witnesses -has the power to issue or revoke Real Estate Licenses Broker Lawyer Committee -wri...

Texas Real Estate Exam (State) 2023 Texas Real Estate Commission (TREC) - ANSWER--created in 1949 -purpose: to administer the provisions of the License Act -authority to make rules and regulations -9 members (3 represent the general public, 6 are real estate brokers) -all appointed by the governor and approved by the Senate -serve 6 year terms -has the power to subpoena books, records, and witnesses -has the power to issue or revoke Real Estate Licenses Broker Lawyer Committee - A...

Sell To "deliver" an alcoholic beverage also mean to _______. Liberally Construed TABC code is an exercise of the police power of the state for the protection of the welfare, health, peace, temperance, and safety of the people of the state. It shall be __________ to accomplish this purpose. All peace officers _______________ in the state, including those of cities, counties, and state, SHALL enforce the provisions of this code and cooperate with and assist the commission in de...

Texas Real Estate Exam (State) Exam Study Guide with Complete Solutions Texas Real Estate Commission (TREC) - Answer️️ --created in 1949 -purpose: to administer the provisions of the License Act -authority to make rules and regulations -9 members (3 represent the general public, 6 are real estate brokers) -all appointed by the governor and approved by the Senate -serve 6 year terms -has the power to subpoena books, records, and witnesses -has the power to issue or revoke Real Estate...

Name: Class: Date: Chapter 3 - Federalism Federalism 1. When the Framers drafted the Constitution, the Antifederalist opposed it primarily on the grounds that the new government a. empowered state governments. b. created a bicameral Congress. c. gave states the power to coin money. d. created a navy. e. gave too much power to the national government. ANSWER: e REFERENCES: Why Federalism Matters LEARNING OBJECTIVES: AGIP.WILS.17.3.1 - LO3.1 2. In this decision, the Supreme Court, by...

CHAPTER 3 Federalism MULTIPLE CHOICE 1. When the Framers drafted the Constitution, the Antifederalist opposed it primarily on the grounds that the new government a. empowered state governments. b. created a bicameral Congress. c. gave states the power to coin money. d. created a navy. e. gave too much power to the national government. ANS: E REF: 51 NOT: F OBJ: LO1 2. In this decision, the Supreme Court, by a 5–4 majority, ruled that the individual mandate component of Obamacare was...

Champions Law of Agency TRELA The Texas Real Estate License Act was enacted by legislation in 1939 to protect the public against unscrupulous brokers and sales agents. TREC The Texas Real Estate Commission was created to enforce and administer the TRELA in 1949. Since the focus of TRELA and TREC is to protect the public, the rules and regulations are construed liberally. The license act gives TREC the authority to license agents. The Texas Real Estate Commission was created in Choose th...

Texas Real Estate Commission (TREC) - ANSWER -created in 1949 -purpose: to administer the provisions of the License Act -authority to make rules and regulations -9 members (3 represent the general public, 6 are real estate brokers) -all appointed by the governor and approved by the Senate -serve 6 year terms -has the power to subpoena books, records, and witnesses -has the power to issue or revoke Real Estate Licenses Broker Lawyer Committee - ANSWER -writes promulgated contract forms ...

CHAPTER 3 Federalism MULTIPLE CHOICE 1. When the Framers drafted the Constitution, the Antifederalist opposed it primarily on the grounds that the new government a. empowered state governments. b. created a bicameral Congress. c. gave states the power to coin money. d. created a navy. e. gave too much power to the national government. ANS: E REF: 51 NOT: F OBJ: LO1 2. In this decision, the Supreme Court, by a 5–4 majority, ruled that the individual mandate component of Obamacare was...