Texas Real Estate Broker-Lawyer Committee The Texas Real Estate Broker-Lawyer Committee drafts and revises all contracts promulgated by TREC. It consists of six members appointed by the Commission, six members appointed by the State Bar of Texas, and one public member appointed by the Governor's Office.
The Texas Real Estate Broker-Lawyer Committee was created in 1983. It drafts and revises contract forms for use by real estate licensees. The purpose is to expedite real estate transactions and reduce controversies while protecting the interests of the parties involved.
What type of committee is the Broker-Lawyer Committee? The answer is advisory. One of the advisory committees that exists under the statutes of the TRELA is the Broker-Lawyer Committee.
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.
Terms in this set (20) The Broker-Lawyer Committee members are appointed by: The Broker members are appointed by the Commission and the Lawyer members are appointed by the President of the State Bar.
How many members in The Broker-Lawyer Committee? - consists of 13 members.
Members will hold office: for staggered terms of six years with the terms of two commission appointees and two State Bar appointees expiring every two years.
Think of it this way: TRELA is the law, and TREC is the enforcer of that law. TRELA and TREC go hand in hand!
six membersThe Texas Real Estate Broker-Lawyer Committee drafts and revises all contracts promulgated by TREC. It consists of six members appointed by the Commission, six members appointed by the State Bar of Texas, and one public member appointed by the Governor's Office.
Protect the public, minimum standards for licensing,maintain high standards, protect licensees from unfair competition.
The Texas Real Estate Commission is composed of nine members appointed by the Governor for six-year terms.
Which of the following is a true statement about TREC-approved and promulgated forms? Licensees must use promulgated forms, but approved, non-promulgated forms are optional. There are a few exceptions to the Texas rule requiring sellers to complete a seller property condition disclosure.
Which of the following is a TREC-promulgated form? Addendum for Sale of Other Property by Buyer. The Addendum for Sale of Other Property by Buyer is a TREC-promulgated addendum; the other choices are either TREC approved forms or TAR forms.