Real Estate Finance Practice Test
This test is still under development and will be completed shortly. Thank you for your patience.
All of the following are necessary to obtain a real estate license EXCEPT
TREC has a Real Estate Recovery Trust Account. What is NOT true about the account?
TREC may assess an administrative penalty of up to $5,000 per day for violation of the License Act by:
Which of the following is required for a lot and block description of a property?
Something given in exchange for a promise is called:
TREC will investigate the actions of a licensee if they receive:
A contract that meets all the requirements of the law is
The Broker-Lawyer Committee:
The Broker-Lawyer Committee drafts and revises contract forms for use by real estate licensees.
This practice test says it is under review. Do you when will it will be completed or do you know of a difference website that will be able to help me with Real Estate Finance?
Isela, I will be happy to assist in completing this exam for you.