Texas Real Estate Law Study 2024-2025
Edition. Questions & Correct Answers.
Already Graded A+
____ A buyer or seller, including prospective biker or seller of real property.
- ANSClient
______ - In the reasonable judgement of the inspector, a condition that
constitutes a hazard to life, limb, or property as specified by these
standards of practice. - ANSDeficiency
A change in sponsorship shall be reported to the Commission ______. If
the sponsorship has ended because the professional inspector has
terminated the sponsorship, the professional inspector shall immediately so
notify the apprentice or real estate inspector in writing. - ANSImmediately
A fee of 120.00 for filing an original or reinstatement application for a
license as a real estate inspection. - ANSFalse - 60.00
30 for apprentice
60 for Real estate inspector
120 for Professional inspector
A license applicant who does not satisfy the examination requirement
before the first anniversary of the date the application is filed must submit a
new application but does not have to pay another fee. - ANSFalse
,A payment to the recovery fund is not required before an inspector is
issued a license. - ANSFalse
A person may not act or attempt to act as a real estate inspector in this
state for a buyer or seller of real property - ANSReal Estate Inspector
License Required
A person who commits an offense if the person does not hold a license
under this chapter and knowingly engages in the business of real estate
inspection, including performing an inspection while the person's license is
revoked is suspended. This is a _____ __ _______ - ANSClass A
misdemeanor
A person who represents to the public that the person is trained and
qualified to perform a real estate inspection and who accepts employment
to perform a real estate inspector for a buyer or a seller of real property. -
ANSProfessional Inspector
An aggrieved person who receives a recover on a judgment against a
single defendant before receiving a payment from the recover must apply
the recovery first to - ANSActual damages
An apprentice, real estate, or Professional Inspector License. -
ANSLicense.
, An inspector may make the following change to the Standard form:
Remove the Commission's Logo. - ANSTrue
An inspector may not act in a transaction in the dual capacity of inspector
and ________ , _______ or ________ - ANSUndisclosed principal, Broker
or sales agent
An inspector may not perform or agree to perform ____ or _____ in
connection with a real estate inspection under an earnest money contract,
lease, or exchange of real property. - ANSRepairs or maintenance
An inspector may not perform or agree to perform repairs or maintenance
in connection with a real estate inspection under an earnest money
contract, lease, or exchange of real property. - ANSRepairs and
Maintenance
An inspector must maintain financial responsibility in the form of liability
insurance policy with a minimum limit of ______ per occurrence or a bond
or other security accepted by the commission. - ANS100,000
An inspector must render an opinion as to the performance of the
foundations. - ANSTrue
An inspector that conducts business using a DBA or incorporated name
must notify TREC of the use of the name - ANSwithin 30 days after he
starts to use the name and within 30 days after she discontinues using the
name.
Edition. Questions & Correct Answers.
Already Graded A+
____ A buyer or seller, including prospective biker or seller of real property.
- ANSClient
______ - In the reasonable judgement of the inspector, a condition that
constitutes a hazard to life, limb, or property as specified by these
standards of practice. - ANSDeficiency
A change in sponsorship shall be reported to the Commission ______. If
the sponsorship has ended because the professional inspector has
terminated the sponsorship, the professional inspector shall immediately so
notify the apprentice or real estate inspector in writing. - ANSImmediately
A fee of 120.00 for filing an original or reinstatement application for a
license as a real estate inspection. - ANSFalse - 60.00
30 for apprentice
60 for Real estate inspector
120 for Professional inspector
A license applicant who does not satisfy the examination requirement
before the first anniversary of the date the application is filed must submit a
new application but does not have to pay another fee. - ANSFalse
,A payment to the recovery fund is not required before an inspector is
issued a license. - ANSFalse
A person may not act or attempt to act as a real estate inspector in this
state for a buyer or seller of real property - ANSReal Estate Inspector
License Required
A person who commits an offense if the person does not hold a license
under this chapter and knowingly engages in the business of real estate
inspection, including performing an inspection while the person's license is
revoked is suspended. This is a _____ __ _______ - ANSClass A
misdemeanor
A person who represents to the public that the person is trained and
qualified to perform a real estate inspection and who accepts employment
to perform a real estate inspector for a buyer or a seller of real property. -
ANSProfessional Inspector
An aggrieved person who receives a recover on a judgment against a
single defendant before receiving a payment from the recover must apply
the recovery first to - ANSActual damages
An apprentice, real estate, or Professional Inspector License. -
ANSLicense.
, An inspector may make the following change to the Standard form:
Remove the Commission's Logo. - ANSTrue
An inspector may not act in a transaction in the dual capacity of inspector
and ________ , _______ or ________ - ANSUndisclosed principal, Broker
or sales agent
An inspector may not perform or agree to perform ____ or _____ in
connection with a real estate inspection under an earnest money contract,
lease, or exchange of real property. - ANSRepairs or maintenance
An inspector may not perform or agree to perform repairs or maintenance
in connection with a real estate inspection under an earnest money
contract, lease, or exchange of real property. - ANSRepairs and
Maintenance
An inspector must maintain financial responsibility in the form of liability
insurance policy with a minimum limit of ______ per occurrence or a bond
or other security accepted by the commission. - ANS100,000
An inspector must render an opinion as to the performance of the
foundations. - ANSTrue
An inspector that conducts business using a DBA or incorporated name
must notify TREC of the use of the name - ANSwithin 30 days after he
starts to use the name and within 30 days after she discontinues using the
name.
