Trec stands for Study guides, Class notes & Summaries

TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ANSWER-They conduct the unlawful practice of law ESAC stands for: - ANSWER-Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? - ANSWER-Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? - ANSWER-5th Amendment. The CFPB is the: - ANSWER-Consumer Financial Protection Bureau ...

TREC has the authority under TRELA to suspend or even revoke a broker's license if: -They conduct the unlawful practice of law ESAC stands for: -Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? -Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? -5th Amendment.

AYPO Real Estate Principles of Real Estate I UPDATED Exam Questions and CORRECT Answers TREC has the authority under TRELA to suspend or even revoke a broker's license if: - Correct Answer- They conduct the unlawful practice of law ESAC stands for: - Correct Answer- Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? - Correct Answer- Situs. Which amendment guarantees that a citizen will not be deprived of property wi...

TN real estate rules and regulations are enforced by? - correct answerTREC MLS stands for - correct answerMultiple Listing Service How many hours for pre-licensing affiliate brokers in TN is required - correct answer90 You have ___ many days to cancel a timeshare contract - correct answer15 In TN, whose licenses must be displayed in businesses office - correct answerprincipal broker and all affiliate brokers A housing discrimination in TN should be filed with__ - correct answerTen...

TREC has the authority under TRELA to suspend or even revoke a broker's license if: - correct answer They conduct the unlawful practice of law ESAC stands for: - correct answer Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? - correct answer Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? - correct answer 5th Amendment. The CFPB is the: - corr...

What year was the License Act passed? And when was TREC created? - Answer- Passed: 1939 Created: 1949 How many members does TREC consist of? - Answer- 9; 6 commission, 3 represent gen public T/F Only TREC has the power to issue or revoke Real Estate Licenses - Answer- True What is the penalty for engaging in brokerage without a license? - Answer- Class A misdemeanor and subject to a fine of not more than $4,000 or imprisonment for more than one year An unlicensed assistant is able: ...

Home inspector - ANSWER-A professional (that requires their own licensing) who performs a visual assessment of a property's physical condition for a buyer or seller. Prepares report of findings. Indestructibility - ANSWER-(Physical durability) Land is permanent. It can not be destroyed. Fixity - ANSWER-Land can not be moved. Geographic characteristic. situs - ANSWER-Desirability of a location. Economic preference for a location. Real Estate Law basis - ANSWER-All RE law begins with ...

TREC has the authority under TRELA to suspend or even revoke a broker's license if: - They conduct the unlawful practice of law ESAC stands for: - Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? - Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? - 5th Amendment. The CFPB is the: - Consumer Financial Protection Bureau A professional organization or associatio...

TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ️️They conduct the unlawful practice of law ESAC stands for: - ️️Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? - ️️Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? - ️️5th Amendment. The CFPB is the: - ️️Consumer Financial Protection Bureau A p...

TREC has the authority under TRELA to suspend or even revoke a broker's license if: - ️️They conduct the unlawful practice of law ESAC stands for: - ️️Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? - ️️Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? - ️️5th Amendment. The CFPB is the: - ️️Consumer Financial Protection Bureau A p...