20 Hour Texas Law Module Exam
QUESTIONS AND CORRECT ANSWERS
Who appoints the Real Estate Inspector Committee? - CORRECT ANSWER The
Commission (TREC)
What are some power & duties of the committee? - CORRECT
ANSWER Recommend:
-rules relating to aspects of inspections (education, experience, exams, CE, etc.)
-required rules
-reasonable fees
-SOP rules
-code of professional conduct
What's the difference between direct & indirect supervision? - CORRECT
ANSWER Sponsoring inspector is physically present
Previous license holders eligible if: - CORRECT ANSWER Held level of license in 24
month period preceding date of application filing & sponsored (if needed)
What's required for eligibility of a sponsoring inspector? - CORRECT ANSWER 200
inspections as a professional inspector
What level of insurance is required for issuance of a license? - CORRECT
ANSWER Liability w/ minimum $100,000
What does insurance protect against? - CORRECT ANSWER Subchapter G
(prohibited acts)
What is the term of expiration of a license? - CORRECT ANSWER Period not to
exceed 24 months (renew every 2 years)
, What is necessary for license renewal? - CORRECT ANSWER -pay renewal fee
-provide proof of insurance
What are CE requirements for license renewal? - CORRECT ANSWER 16 course
hours per year (32 hours every renewal period)
How much does an application cost for an apprentice license? - CORRECT
ANSWER $60
How much does an application cost for a real estate inspector license? - CORRECT
ANSWER $100
How much does an application cost for a professional inspector license? - CORRECT
ANSWER $120
What other fees are included for a license? - CORRECT ANSWER -renewal
-exam fees
-request of change of address
-replace lost/destroyed license
Describe specific report & dishonesty of an inspector. - CORRECT ANSWER -
accepting inspection if employment contingent of reporting of specific, predetermined
condition or findings inspector knows not to be true
-acting in a dishonest, fraudulent, deceitful, or misrepresentative manner
Describe conflicting capacities. - CORRECT ANSWER Inspector acting in dual
capacity as a salesperson, undisclosed principal, or broker in a transactioin
QUESTIONS AND CORRECT ANSWERS
Who appoints the Real Estate Inspector Committee? - CORRECT ANSWER The
Commission (TREC)
What are some power & duties of the committee? - CORRECT
ANSWER Recommend:
-rules relating to aspects of inspections (education, experience, exams, CE, etc.)
-required rules
-reasonable fees
-SOP rules
-code of professional conduct
What's the difference between direct & indirect supervision? - CORRECT
ANSWER Sponsoring inspector is physically present
Previous license holders eligible if: - CORRECT ANSWER Held level of license in 24
month period preceding date of application filing & sponsored (if needed)
What's required for eligibility of a sponsoring inspector? - CORRECT ANSWER 200
inspections as a professional inspector
What level of insurance is required for issuance of a license? - CORRECT
ANSWER Liability w/ minimum $100,000
What does insurance protect against? - CORRECT ANSWER Subchapter G
(prohibited acts)
What is the term of expiration of a license? - CORRECT ANSWER Period not to
exceed 24 months (renew every 2 years)
, What is necessary for license renewal? - CORRECT ANSWER -pay renewal fee
-provide proof of insurance
What are CE requirements for license renewal? - CORRECT ANSWER 16 course
hours per year (32 hours every renewal period)
How much does an application cost for an apprentice license? - CORRECT
ANSWER $60
How much does an application cost for a real estate inspector license? - CORRECT
ANSWER $100
How much does an application cost for a professional inspector license? - CORRECT
ANSWER $120
What other fees are included for a license? - CORRECT ANSWER -renewal
-exam fees
-request of change of address
-replace lost/destroyed license
Describe specific report & dishonesty of an inspector. - CORRECT ANSWER -
accepting inspection if employment contingent of reporting of specific, predetermined
condition or findings inspector knows not to be true
-acting in a dishonest, fraudulent, deceitful, or misrepresentative manner
Describe conflicting capacities. - CORRECT ANSWER Inspector acting in dual
capacity as a salesperson, undisclosed principal, or broker in a transactioin
