Chapter 7 - Texas Real Estate License Act Exam Questions and Answers 100% Pass

Chapter 7 - Texas Real Estate

License Act Exam Questions and

Answers 100% Pass


What is the primary purpose of real estate licensing laws...?




Protect the public from incompetent or dishonest salespersons and brokers

Raise revenue

Help licensees earn higher commissions

Increase property values -

CORRECT ANSWER-Protect the public from incompetent or dishonest

Who administers the Texas Real Estate License Act...?




U.S. Attorney General

National Association of Realtors

Texas Real Estate Commission

, Texas Association of Realtors -

CORRECT ANSWER-Texas Real Estate Commission

The Texas Real Estate Commission consists of how many members...?




5

6

7

9-

CORRECT ANSWER-9

How many members of the Texas Real Estate Commission are real estate

brokers...?




3

5

6

9-

CORRECT ANSWER-6

The Texas Real Estate Commission is periodically reviewed under this Act...?