20 Hour Texas Law Module 2024-2025 Edition. Questions & Correct Answers. Graded A+, Exams of Real Estate Management

Download 20 Hour Texas Law Module 2024-2025 Edition. Questions & Correct Answers. Graded A+ and more Exams Real Estate Management in PDF only on Docsity! 20 Hour Texas Law Module 2024-2025 Edition. Questions & Correct Answers. Graded A+ 535.201 - ANSDefinitions 535.206 - ANSThe Texas Real Estate Inspector Committee 535.208 - ANSApplication for a License 535.209 - ANSexaminations 535.210 - ANSfees 535.211 - ANSProfessional Liability, or Any Other Insurance that Provides Coverage for Violations of Subchapter G of Texas Occupations, Code Chapter 1102 535.213 - ANSApproval of Core Courses in Real Estate Inspection 535.214 - ANSEducation and Experience requirements for a license 535.215 - ANSInactive Inspector Status 535.216 - ANSRenewal of license 535.217 - ANSMailing Address and Other Contact Information 535.218 - ANScontinuing education 535.219 - ANSSchedule of Administrative Penalties 535.220 - ANSProfessional Conduct and Ethics 535.221 - ANSadvertisements 535.222 - ANSInspection Reports 535.223 - ANSStandard Inspection Report Form Are inspectors required to operate powered ventilators? - ANSNO Are the absence of trip ties on 240 branch circuits a deficiency? - ANSYES At what temp should the A/C condensor be operated? - ANSOver 60 degrees At what temp should the heat pump be tested? - ANSUnder 70 degrees Describe circumstances under which forgoing inspection of system is allowed. - ANS- inspector and client agree that an item is not to be inspected -inspector not qualified to look at an item -inspector determines conditions exist that prevent inspection, conditions are hazardous, actions could cause damage Describe conflicting capacities. - ANSInspector acting in dual capacity as a salesperson, undisclosed principal, or broker in a transactioin Describe some powers of the commission in disciplinary action. - ANS-investigate action of inspector -reprimand inspector -place license on probation -suspend or revoke license Describe specific report & dishonesty of an inspector. - ANS-accepting inspection if employment contingent of reporting of specific, predetermined condition or findings inspector knows not to be true -acting in a dishonest, fraudulent, deceitful, or misrepresentative manner Describe the members of the Committee. - ANS-6 inspectors of 5+ years -3 members representing the public (not licensed in real estate industry) Do inspectors have to apply open flame or light pilots? - ANSNO How accurate should the thermostat of an oven be? - ANSWithin 25 degrees at setting of 350 degrees How long does an inspector have to wait to apply for a new license if revoked? - ANS1 yr. How many CE hours are required? - ANS32 hours over 2 yr. period How many members are in the Committee? - ANS9 How much does an application cost for a professional inspector license? - ANS$120 How much does an application cost for a real estate inspector license? - ANS$100 How much does an application cost for an apprentice license? - ANS$60 What are CE requirements for license renewal? - ANS16 course hours per year (32 hours every renewal period) What are some power & duties of the committee? - ANSRecommend: -rules relating to aspects of inspections (education, experience, exams, CE, etc.) -required rules -reasonable fees -SOP rules -code of professional conduct What are the CE hours required in? - ANS-24 hrs of building knowledge -8 hrs of ethics, SOP, legal, or report writing What does a RE inspector have to score on the state portion of the exam to pass? - ANS70% What does a timely renewal fee cost for a professional inspector? - ANS$60 What does a timely renewal fee cost for a RE inspector? - ANS$50 What does a timely renewal fee cost for an apprentice? - ANS$30 What does an inspector need to do to be able to use a drone? - ANSBecome an FAA licensed commercial drone pilot What does insurance protect against? - ANSSubchapter G (prohibited acts) What happens if one fails an exam 3 consecutive times? - ANSMay not reexam w/o coursework: -32 hrs for failed national portion -8 hrs for failed state portion -40 hrs for failing both portions What happens when there are no means to shutting off main electricity? - ANSMark as deficient What if an HVAC opening requires removal of permanent construction? - ANSMark as deficient What info is required on an inspection report? - ANS-name and license # -address/other unique description of property (ON EACH PAGE OF REPORT) -client's name What is necessary for license renewal? - ANS-pay renewal fee -provide proof of insurance What is renewal fee over 90 days late? - ANS2x renewal fee What is renewal fee under 90 days late? - ANS1.5x renewal fee What is the maximum number of hrs per subject for CE? - ANSNo more than 16 hrs on one subject What is the punishment for general criminal penalty or practicing w/o a license? - ANSClass A Misdemeanor What is the required inspection report form? - ANSForm REI 7-5 What is the term of expiration of a license? - ANSPeriod not to exceed 24 months (renew every 2 years) What level of insurance is required for issuance of a license? - ANSLiability w/ minimum $100,000 What other fees are included for a license? - ANS-renewal -exam fees -request of change of address -replace lost/destroyed license What should an inspector do if the thermostat isn't programmed? - ANSDisclaim inspection What should the inspector do if the buyer wants a hydrostatic test performed? - ANSOwner/seller must sign a separate document authorizing test and call a licensed plumber. What should the inspector do if they are to use a drone to view the roof? - ANS-notify prospective client as early as possible -note the use of a drone in the report What's required for eligibility of a sponsoring inspector? - ANS200 inspections as a professional inspector What's the difference between direct & indirect supervision? - ANSSponsoring inspector is physically present What's the passing score for a professional inspector on the state portion? - ANS75% When can an inspector not perform repairs/maintenance? - ANSWhen in connection under an earnest money contract, lease or exchange of real property When is an occupant garage door deficient? - ANSNot solid wood at least 1 3/8 in or not 20 minute fire-rated When is the lack of a pressure reducing valve a deficiency? - ANSWhen water pressure exceeds 80 PSI When is the lack of an expansion tank a deficiency? - ANSWhen a pressure reducing valve is in place When may an inspector accept a referral fee? - ANSFrom a non-settlement service w/ the client's permission When should an inspector no enter a crawl space? - ANSWhen access is less than 24x18 or headroom is less than 18 in. When should an inspector not test AFCIs? - ANSIf the property is occupied or it may result in damage to personal property. When should one receive a notice for renewal from the Commission? - ANS90 days before date of expiration When will the Committee be abolished? - ANSSept. 1, 2025 Where does the SOP require inspectors to view the roof? - ANS"from the surface" which means walking the roof. Where must the Consumer Protection Notice be placed? - ANS-Readily noticeable location @ place of business -Link on website -on written contract, brochures or bills/receipts Which items should be reported to TREC within 30 days? - ANS-addition/termination of a DBA -changes to company name -changes to contact info -new felony convictions or misdemeanors including fraud Who appoints members of the Committee? - ANSThe Commission Who appoints the Real Estate Inspector Committee? - ANSThe Commission (TREC) Who may inspectors refer? - ANS"Non-settlement services" (pest control, home security, etc.) Why should CSST be grounded and bonded? - ANS-Reduce the likelihood of electrical arcing due to an indirect lightning strike