TREC UPDATE PART 1 Flashcards
(9 cards)
- Who ultimately votes on whether to adopt a proposed rule in Texas real estate regulation?
A. The Texas Legislature
B. TREC staff members
C. The full Commission of TREC
D. The governor of Texas
C
Under Section 1101.158 of the Texas Occupations Code, what is TREC authorized to do regarding advisory committees?
A. Appoint only real estate brokers as members
B. Hire private consultants to replace committees
C. Create and appoint members to examine areas of the real estate industry
D. Use advisory committees only when legal changes are required
C
How often do TREC advisory committees typically meet?
A. Monthly
B. Twice a year
C. Once a year
D. Quarterly
D
Which of the following is NOT a way license holders can contribute ideas for rulemaking?
A. Submitting ideas through public comment at Commission meetings
B. Attending advisory committee meetings and speaking
C. Sending suggestions directly to the Texas Attorney General
D. Submitting proposals through TREC’s website
C
After a rule is proposed by the Commission, what step happens next?
A. It is automatically enforced
B. It is reviewed by the governor’s office
C. It enters a public comment period
D. It goes directly to the courts for review
C
What happens after the public comment period ends for a proposed rule?
A. The rule becomes law immediately
B. TREC sends it to the Attorney General
C. The advisory committee may revise, withdraw, or maintain the recommendation
D. It is forwarded to the Department of Housing
C
How are members selected to serve on TREC advisory committees?
A. By popular vote from license holders
B. Random selection from licensee pool
C. Through an application reviewed by Commissioners
D. Automatically assigned after license renewal
c
How many advisory committees are currently active under TREC as of publication?
A. Two
B. Four
C. Six
D. Eight
B