16.0 Texas Real Estate Broker - Lawyer Committee

The Commission has an ____________________ (or approval) program for al real estate education programs or courses of study applicants and licensees are required to take.

accreditation

When a private school is authorized to provide real estate education, the authorization is good for a 2-year period. After 2 years, the real estate school will be _________________________________________ for accreditation/approval.

required to apply once again

Accreditation

the action or process of officially recognizing someone as having a particular status or being qualified to perform a particular activity.

All schools, except those owned by the State of Texas, that are authorized by the TREC under Chapter 11 to offer a real estate or real estate inspection educational program or course of study must maintain a _______________ corporate surety bond or other security acceptable to the Commission. The bond is for the benefit of the party who suffers damages caused by the failure if the institution to fulfill obligations related to the Commission's approval.

$20,000

The Texas Real Estate Broker-Layer Committee consist of __ members made up of 6 members appointed by the TREC, _ members of the State Bar of Texas appointed by the president of the state bar, and 1 public member appointed by the governor.

13, 6

______________________ to the Texas Real Estate Broker-Layer Committee shall be made without regard to the race, creed, sex, religion, or national origin of the appointee.

Appointments

The TREC appoints a committee to review the performance of an education program performing __________ the commission's standards consisting of: (1) at least one commission member; (2) at least one member of the commission staff; (30) individuals licensed under this Chapter 1101 and Chapter 1102; and (4) a representative from the Texas Real Estate Research Center.

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