Free TREC Regulation Questions and Answers

Question 1

Which of the following is NOT required to obtain a Texas real estate sales agent license?

Accepted Answer

Being a legal resident of Texas

Answer

Being at least 18 years old

Answer

Completing the required pre-licensing education

Answer

Passing a criminal background check

Question 2

How long does a Texas real estate licensee have to notify TREC of a change of address?

Accepted Answer

30 days

Answer

10 days

Answer

60 days

Answer

90 days

Question 3

What is the primary purpose of the Texas Real Estate Commission (TREC)?

Accepted Answer

To protect consumers by regulating real estate professionals

Answer

To promote real estate business growth in Texas

Answer

To support the real estate education industry

Answer

To assist real estate agents with marketing strategies

Question 4

Under TREC regulations, which of the following actions is a violation of the Texas Real Estate License Act?

Accepted Answer

Failing to disclose a known material defect in the property

Answer

Disclosing the property’s previous sale price to a potential buyer

Answer

Refusing to negotiate a commission with a client

Answer

Recommending a specific home inspector to a buyer

Question 5

What is the maximum administrative penalty that TREC can impose on a licensee for a single violation?

Accepted Answer

$5,000

Answer

$1,000

Answer

$10,000

Answer

$25,000