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What are the responsibilities of the Texas Real Estate Commission?
The agency provides licensing, education, and complaint investigation services, as well as regulation and enforcement of state laws and requirements that govern each of these areas of service to consumers in Texas.
Who does the Texas Real Estate Commission protect?
TREC is the government agency that protects consumers by regulating certain real estate professionals. TREC educates, licenses, and disciplines license holders.
Does the broker lawyer committee has rule making authority but the Texas Real Estate Commission does not?
The statement is false. The Broker-Lawyer Committee drafts and edits the forms; the Texas Real Estate Commission promulgates them for mandatory use by licensees. It is illegal for licensees to draft sales contracts for use by their principals in real estate sales transactions. The statement is true.
What is a main function of the Texas Real Estate Commission aceable?
TRECs purpose is to help protect the public by regulating licensed real estate agents, brokers, and practitioners, among others. Because TREC shares a similar purpose to TRELA, it makes sense that TREC enforces TRELA.
Who are the Texas Real Estate Commission members?
The Texas Real Estate Commission R. Scott Kesner. Chair. Broker Member. Mark Woodroof. Vice-Chair. Broker Member. Benjamin Ben Pea. Secretary. Public Member.
Related Searches
trec contract pdftrec formstrec residential contracttrec listing agreement formtrec unimproved property contracttrec contractstrec forms onlinetrec forms lease agreement
Section 535.131 - Unlawful Conduct; Splitting Fees (a) A broker licensed in Texas may cooperate with a foreign broker and share earned commissions with a foreign broker. (b) Only Texas license holders may handle negotiations physically conducted within Texas.
What is the real estate commissioner responsible for?
The Real Estate Commissioner, who is appointed by the Governor, is the chief executive of the Department of Real Estate. To facilitate the administration and enforcement of the Real Estate Law and the Subdivided Lands Law, the Commissioner is empowered by law to issue regulations.
What is the Texas Real Estate Commission responsible for?
The Texas Real Estate Commission (TREC) is responsible for licensing real estate service providers in Texas to ensure they are qualified to advise consumers about these transactions.
Related links
OP-I, Texas Real Estate Consumer Notice Concerning
APPROVED BY THE TEXAS REAL ESTATE COMMISSION (TREC). P.O. BOX 12188, AUSTIN, TX 78711-2188. TEXAS REAL ESTATE CONSUMER NOTICE. 05-04-15. CONCERNING.
22 Tex. Admin. Code 537.64 - Standard Contract Form
The Texas Real Estate Commission (Commission) adopts by reference standard contract form TREC No. OP-M approved by the Commission in 2011 for voluntary use
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