Scenario #1 Practice Questions

5. After Jan has been an active salesperson for 4 years, she becomes a broker and has several sponsored salespersons. She must do CE. Subchapter I requires: A. she does 30 classroom hours of education every year B. her to have at least six classroom hours of broker responsibility education C. no continuing education for a broker D. to take another state test

have her to have at least six classroom hours of broker responsibility education

3. According to Subchapter K of TRELA, if Jan chose to work as a right-of-way agent she could have: A. a license issued under Chapter 1101 B. a certificate of registration issued under Chapter 1101 C. both A and B D. none of the above

none of the above

4. In Subchapter N, Jan learns if she offers to sell or lease real property without the knowledge and consent of the owner of the real property, the Commission may: A. suspend or revoke her license B. send her to jail for 10 years C. fine her $10 000 D. do nothing

suspend or revoke her license

If Jan's brokers license is suspended or revoked, Jan: A. cannot do any real estate transactions until she chooses a new broker B. will have an inactive license until she has a new sponsoring broker C. can obtain a new sponsoring broker immediately D. all of the above

all of the above

When choosing a sponsoring broker consider all of the following except: A. training B. commission splits C. the size of the company D. car ownership

car ownership