Trec texas - Study guides, Class notes & Summaries
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State Prep - Texas RE Exam Questions and v Answers 2024
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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...
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Texas Law of Contracts:Questions & Answers:Latest Updated: Guaranteed A+ Score Guide
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Drafts and revises contract forms for use in real estate transactions in the state of Texas. 
 
a. Promulgated forms 
b. Intentionally 
c. Puffing 
d. Deceptive Trade Practices Act 
e. Broker-Lawer Committee 
(Ans- E 
 
Forms published by TREC that are mandatory for license holders to use in real estate transactions int he state of Texas. 
 
a. Promulgated forms 
b. Intentionally 
c. Puffing 
d. Deceptive Trade Practices Act 
e. Broker-Lawer Committee 
 (Ans- A 
 
Allows an aggrieved consumer t...
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Texas Law of Contracts Exam Study Guide: Questions & Answers: Latest Updated
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Describe at least two requirements under TRELA. 
(Ans- Act created by Texas Congress 1) All professionals are licensed 2) Use same policy, procedures, and forms. Providing correct documentations and forms during a transaction. TREC wanted to get things standardized. TREC was created in 1949 and that's when it began administrating TRELA. Real Estate Dealers license Act was enacted in 1939 for salesperson and brokers. TRELA is the present act which is active and administered until present day. 
...
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Champions Texas RE Study Questions and Answers Graded A
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Champions Texas RE Study Questions and Answers Graded A 
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? 
TREC can file suit with the Attorney General to enforce the subpoena. 
 
 
 
A license holder in violation of the TRELA has received a summons from TREC that a hearing will be held regarding the possible revocation or su...
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Law of Contracts Practice Exam Champions 2018 Correct 100%
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In ______the Texas Real Estate Commission was established to administer and enforce the TRELA. 
 
a. 1939 
b. 1929 
c. 1949 
d. 1993 - ANSWER c. 1949 
 
TREC has only _______ promulgated lease forms. 
 
a. 1 
b. 2 
c. 3 
d. 4 - ANSWER b. 2 
 
In the TAR® Seller's Disclosure the seller should _______. 
 
a. prepare the disclosure when the listing is taken 
b. be the only one completing this form or any part of it 
c. none of the above 
d. both a and b - ANSWER d. both a and b 
 
Which of the fo...
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Texas Law of Contracts Quiz: Questions & Answers: Latest Updated: Guaranteed A+ Score
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The DTPA helps protect...? 
Agents 
Consumers 
Sellers 
Attorneys 
(Ans- Consumers 
 
In order to help prevent the buyer from withdrawing their offer, when should a seller provide a prospective buyer with the property disclosure form...? 
 
After the contract is signed with the prospective buyer 
Before the prospective buyer makes an offer 
After the prospective buyer's offer is accepted 
After the prospective buyer's home inspector conducts their inspection of the property 
(Ans- Before the...
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Aceable Law of Agency Review Questions with 100% Correct Answers | Latest Version 2024 | Verified | Ace the Test
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Here are the four major types of agency acts: Listing 
Buying 
Leasing 
Property Management 
TREC's purpose is to regulate educational and licensing programs that maintain 
standards AND interpret legislation that affects the real estate profession — primarily the 
Texas Real Estate License Act (TRELA). 
Integrity Satisfy to the commission (TREC) that the candidate meets and exceeds 
their character standards (honesty, trustworthiness, and integrity). 
Competence Demonstrate competence by pas...
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Law of Contracts - Champions School of Real Estate Latest Version Graded A+
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Law of Contracts - Champions School of 
Real Estate Latest Version Graded A+ 
 
TERLA - Texas Real Estate License Act 
 
- Created in 1939 
 
TREC - Texas Real Estate Commission 
 
- Created in 1949 to administer/enforce TERLA 
 
Real Estate Center - Located at Texas A&M University 
 
- Created in 1970 
 
TREC-Promulgated Forms/Leases (Residential): - One-to-Four Family Residential Contract 
(Resale) 
 
- New Home Contract (Completed Construction) 
 
- Residential Condo Contract (Resale) 
 
- Ne...
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TEXAS REAL ESTATE PRINCIPLES 1 WITH 200 REAL EXAM QUESTIONS AND CORRECT ANSWERS/ TREC REAL ESTATE PRINCIPLES 1 LATEST EXAM 2024/25(NEW)
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TEXAS REAL ESTATE PRINCIPLES 1 WITH 200 REAL EXAM QUESTIONS AND CORRECT ANSWERS/ TREC REAL ESTATE PRINCIPLES 1 LATEST EXAM 2024/25(NEW) 
How many members does the Texas Real Estate Commission (TREC) consist of? - 
ANSWER-9 
The Texas Real Estate Commission does NOT have authority to: - ANSWERamend real estate laws 
Which entity is given the authority to pass zoning laws? - ANSWER-Zoning 
Boards 
The Texas Deceptive Trade Practices-Consumer Protection Act applies to what 
aspects of real es...
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AYPO - Texas - Principles of Real Estate 1 Practice Test Questions with Answers
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D) Texas Real Estate Commission (TREC) What is the name of the governing body for real estate in Texas? 
A. Texas Real Estate Constitution (TREC) 
B. Texas Real Estate Counselors (TREC) 
C. Texas Real Estate Council (TREC) 
D. Texas Real Estate Commission (TREC) 
 
D) they conduct the unlawful practice of Law TREC has the authority under TRELA to suspend or even revoke a broker's license if: 
A) they conduct the unauthorized practice of negotiation. 
B) they conduct the unlicensed practice of p...
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