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 the correct answer.
1939
1959
1929
1949
1949
Part of the licensing process is to determine
Choose the correct answer.
Understanding of Sales
Moral Character
Motivation for success
Income potential
Moral Character
A broker may pay a fee to
Choose the correct answer.
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 the correct answer.
1939
1959
1929
1949
1949
Part of the licensing process is to determine
Choose the correct answer.
Understanding of Sales
Moral Character
Motivation for success
Income potential
Moral Character
A broker may pay a fee to
Choose the correct answer.
