Trec state exam prep Study guides, Class notes & Summaries

CHAMPIONS SCHOOL OF REAL ESTATE SALESPERSON NATIONAL PREP EXAM 1 WITH ANSWERSCHAMPIONS SCHOOL OF REAL ESTATE SALESPERSON NATIONAL PREP EXAM 1 WITH ANSWERS i. John owns the dominant estate with an easement appurtenant. John sells the property. What happens to the easement? a. A commercial tenant's lease will expire at the end of the month. It is terminated by the sale. b. It belongs to the buyer. c. (Its ownership must be negotiated outside the sale. d. John retains ownership of the easem...

CHAMPIONS SCHOOL OF REAL ESTATE SALESPERSON NATIONAL PREP EXAM 1 WITH ANSWERSCHAMPIONS SCHOOL OF REAL ESTATE SALESPERSON NATIONAL PREP EXAM 1 WITH ANSWERS i. John owns the dominant estate with an easement appurtenant. John sells the property. What happens to the easement? a. A commercial tenant's lease will expire at the end of the month. It is terminated by the sale. b. It belongs to the buyer. c. (Its ownership must be negotiated outside the sale. d. John retains ownership of the easem...

Champions School Exam Prep For State 2023 With Complete Solution

Champions School of Real Estate (Real Estate Salesperson State Prep Exam 1) TREC has the power to order witnesses to appear and/or produce records of documents for its investigations and hearings. This is called subpoena power. If a license holder fails to respond to a subpoena, what can TREC do? (a) TREC can assess an administrative penalty against the license holder for up to $4,000. (b) TREC can immediately revoke the license of the license holder without a hearing. (c) TREC can f...

Champions Exam Prep: State Questions and Answers 2023 with complete solution

CHAMPIONS SCHOOL OF REAL ESTATE SALESPERSON NATIONAL PREP EXAM 1 WITH ANSWERSCHAMPIONS SCHOOL OF REAL ESTATE SALESPERSON NATIONAL PREP EXAM 1 WITH ANSWERS i. John owns the dominant estate with an easement appurtenant. John sells the property. What happens to the easement? a. A commercial tenant's lease will expire at the end of the month. It is terminated by the sale. b. It belongs to the buyer. c. (Its ownership must be negotiated outside the sale. d. John retains ownership of the easem...

TREC was created in _________ to administer the provisions of the license act which passed in _______. - Answer- 1949, 1939 Trec has the authority to make _________ and __________. - Answer- Rules, regulations TREC consists of how many members? - Answer- Nine members - six licensed brokers and 3 members of the public. All are appointed by governor and approved by senate The broker lawyer committee - Answer- writes the promulgated contract forms. The broker lawyer committee consists o...

State Prep Exam I Questions and Answers 2022 with complete solution

State Prep Exam I Questions And Answers Updated TREC has the power to order witnesses to appear and/or produce records of documents for its investigations and hearings. This is called subpoena power. If a license holder fails to respond to a subpoena, what can TREC do? (a) TREC can assess an administrative penalty against the license holder for up to $4,000. (b) TREC can immediately revoke the license of the license holder without a hearing. (c) TREC can file a suit with the Attorney Gener...

TREC-State Exam Prep Questions and answers, 100% Accurate. VERIFIED. Business should be conducted in a manner which: (a) Maintains maximum profitability to the inspector (b) Assures the client of the inspector's independence from outside influences (c) Presents a neat and clean appearance (d) Compromises the inspector's ability to render fair and impartial opinions - -Assures the client of the inspector's independence from outside influences All advertising distributed by ...