TX Real Estate Exam - TREC & Licensing
With Correct Answers
C - correct Answers-Which of the following is true regarding the Texas Real Estate
Commission?
A) Commissioners serve staggered 3-year terms.
B) Nine members are elected to 6-year terms.
C) Three members must represent the public.
D) Six members are appointed by the governor with the approval of the Senate.
B - correct Answers-The TREC is empowered to
A) enact laws to administer license law statutes.
B) discipline violators of license laws.
c) impose incarceration sentences for flagrant violators of license law.
Education Standards Advisory Committee - correct Answers-establish and maintain
education standards for fulfillment of the education-related aspects of Texas license
laws.
suspend or revoke - correct Answers-In fulfilling its regulatory role, TREC is empowered
to impose fines as well as __________ or __________ licenses.
district court - correct Answers-If a licensee's suspension is upheld following a hearing,
the licensee may appeal to a _______________ where the hearing was held.
Texas Real Estate Recovery Trust Fund - correct Answers-Licensees must disclose to
consumers that there is a trust fund in Texas to satisfy judgments and reimburse parties
damages from the actions of licensees.
three - correct Answers-Sales agents who will be suspended must notify their broker in
writing ______ days prior to the suspension.
4 - correct Answers-Complaints must be filed within ___ years
With Correct Answers
C - correct Answers-Which of the following is true regarding the Texas Real Estate
Commission?
A) Commissioners serve staggered 3-year terms.
B) Nine members are elected to 6-year terms.
C) Three members must represent the public.
D) Six members are appointed by the governor with the approval of the Senate.
B - correct Answers-The TREC is empowered to
A) enact laws to administer license law statutes.
B) discipline violators of license laws.
c) impose incarceration sentences for flagrant violators of license law.
Education Standards Advisory Committee - correct Answers-establish and maintain
education standards for fulfillment of the education-related aspects of Texas license
laws.
suspend or revoke - correct Answers-In fulfilling its regulatory role, TREC is empowered
to impose fines as well as __________ or __________ licenses.
district court - correct Answers-If a licensee's suspension is upheld following a hearing,
the licensee may appeal to a _______________ where the hearing was held.
Texas Real Estate Recovery Trust Fund - correct Answers-Licensees must disclose to
consumers that there is a trust fund in Texas to satisfy judgments and reimburse parties
damages from the actions of licensees.
three - correct Answers-Sales agents who will be suspended must notify their broker in
writing ______ days prior to the suspension.
4 - correct Answers-Complaints must be filed within ___ years
