TEXAS ESTHETICIAN > EXAM > Texas Real Estate Exam 2 – State (Latest 2023 - 2024) New Full Exam Questions and Answers Included (All)
Texas Real Estate Exam 2 – State (Latest 2023 - 2024) New Full Exam Questions and Answers Included
Document Content and Description Below
1. TREC member structure Answer: 9 committee members - 3 from the public, 6 brokers,all appointed by governor and approved by the senate, 6 year terms 2. broker lawyer committee Answer: 13 members... (6 brokers from TREC, 6 law Years fromstate bar association, 1 public member from governor) 3. alternative dispute resolution course length (required to become a TRECmediator) Answer: 40 hours 4. punishment for people acting as real estate brokers without a TREC li-cense Answer: class A misdemeanor, 4000 fine and/or imprisonment for a year 5. real estate recovery trust account Answer: for people who suffer money loss from licensees (can receive up to triple damages), if balance is below 1,000,000 TREC can add $10 to broker renewal fees 6. people who need real estate licenses Answer: attorneys who split commission, actioners, apartment locators, salespeople, third party who controls rent flow 7. Salesman apprenticeship education Answer: complete 90 hours of real estate coursecredit within first 2 years [Show More]
Last updated: 1 year ago
Preview 1 out of 13 pages
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Reviews( 0 )
$10.00
Can't find what you want? Try our AI powered Search
Document information
Connected school, study & course
About the document
Uploaded On
Apr 22, 2024
Number of pages
13
Written in
Additional information
This document has been written for:
Uploaded
Apr 22, 2024
Downloads
0
Views
39
