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18 Cards in this Set
- Front
- Back
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What does the Texas trade association characterized by? |
it is a voluntarily joined organization |
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How equal employment opportunities are implemented? |
by the means of a written policy statement |
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How many members of the Texas Real Estate Broker-Lawyer Committee are appointed by TREC? |
6 |
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who appoints the TREC administrator |
TREC |
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At the pleasure of whom does the presiding officer serve? |
Governor |
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Who may act as an administrator in the administrator's absence? |
assistant administrator |
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Which one of the following is NOT a condition for a broker's change from inactive to active status? |
Submits proof of attending at least 12 classroom hours of continuing education. |
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How often are most state agencies reviewed in order to determine if they should be continued or abolished? |
every 12 years |
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Which entity administers the license law in Texas? |
TREC |
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How many classroom hours of continuing education must a broker complete during the two years preceding the date that the application for an inactive license was filed in order to be reinstated to active status? |
15 |
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TREC may not conduct an investigation of a licensed person in connection with a complaint submitted later than |
the 4th anniversary of the date of the incident |
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Which of the following persons are NOT exempt from needing a license to complete a real estate transaction in Texas? |
An individual leasing real estate for others for compensation |
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When a salesperson terminates a job, the |
broker must immediately return the salesperson license to TREC. |
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How will each $200 fee increase be distributed |
among Texas A&M University, the foundation school fund and the general revenue fund |
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According to state law, a business entity refers to |
any domestic entity or foreign entity as defined by Section 1.002, Business Organizations Code. |
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If a vacancy occurs during a Texas Real Estate Broker-Lawyer Committee member's term, |
the entity making the original appointment will appoint a person to fill the unexpired term. |
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When must constitutional oath of office be taken by each appointee? |
not later than the 15th day after the date of appointment |
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What statement is FALSE about a salesperson? |
a salesperson is not associated with a licensed broker |
