A broker or designated broker of a business entity who sponsor one or more sales agents or a delegated supervisor of one or more license holders must complete the six-hour Broker Responsibility Course as part of the 18-hour CE requirement. I have …
A broker or designated broker of a business entity who sponsor one or more sales agents or a delegated supervisor of one or more license holders must complete the six-hour Broker Responsibility Course as part of the 18-hour CE requirement. I have …
Adopted changes to 535.2, Broker Responsibility. Brokers must designate anyone who leads, supervises, or directs a team in their brokerage as a delegated supervisor with TREC if he or she has or will be supervising for more than three months. This will require that person to take the six-hour broker responsibility course at each license renewal.
The Broker Responsibility Continuing Education course is required for anyone who has sponsored one or more Sales Agents, served as the designated Broker for a business entity that sponsors Sales Agents, or has been made a supervisor of other license holders.
Which is NOT a condition for a broker's maintaining an action to collect a commission or other compensation for an act as a broker or sales agent? The answer is the agreement to pay had a definite termination date and stipulated the listing price and an acceptable date for closing and transfer of possession.
Which of the following classes is NOT listed in the Texas Canons of Professional Ethics canon that prohibits discriminatory practices? The answer is credit rating.
Once you have earned your Real Estate license, you will need to renew every two years by completing additional Continuing Education classes and paying a renewal fee to the Texas Real Estate Commission (TREC).
If an employing broker's license expires, is suspended, or is revoked, then the licenses of all of the broker's salespeople are likewise voided.
A TREC licensed inspector may perform inspections on commercial property, as long as no other laws prohibit the inspector from doing so (please check with the Texas Board of Professional Engineering to determine when a Professional Engineer license is required). All inspections would be subject to §1102.301 et seq.
The answer is cooperative. Which is NOT required by the Texas Real Estate Commission (TREC) for a real estate brokerage organized as a business entity? The answer is a copy of the bylaws of the business entity must be on file at TREC. The tenants in a cooperative hold what kind of property?
Which of the following is NOT an element of agency by ratification? The answer is the principal denies the agents authority to act. Under the ratification theory, principals are considered to have approved the agency if they accept the benefits of an agent's previously unauthorized act.
Which is NOT a violation for which the Texas Real Estate Commission (TREC) may suspend or revoke a license or take other disciplinary action? The answer is requesting a moral character determination from the Commission.
TREC allows up to 3 attempts to pass both the national and state law portions of the exam. If you fail one portion of the exam, you are only required to retake the portion you did not pass.
two yearsA license for a realtor in Texas lasts for two years, giving you plenty of time to decide if you want to let your license expire. If you leave your license inactive for a maximum of two years and don't renew it, it will expire.Oct 19, 2021
That means we can offer you an online proctored exam that you take from the comfort of your home and office — and you still get the oversight necessary to comply with the Texas real estate proctored exam requirements.
As a Real Estate Broker, you must renew your license every two years. A renewal notice will be sent out about 90 days before your expiration date. Until you receive this notice of renewal, you cannot renew your license.
If your license expires, you cannot renew until CE requirements are met and you have paid the CE Deferral Fee. If you complete CE more than 60 days after your license expiration date, you will be subject to an additional late reporting fee of $250.
You may renew your license up to six months after the expiration date. After six months and up to two years past the expiration date, you may apply for reinstatement of your license. After two years past the expiration date, you will have to reapply and pass the examination.