Module 5 Section 3 Flashcards
A _____________ can only serve as a sponsor in Texas.
licensed professional inspector
You must report to TREC if there is an addition or termination to a DBA within ______ days.
30 days
You must report to TREC changes to a company name within what time frame?
a. 14 days
b. 30 days
c. 60 days
30 days
You must report to TREC changes to contact information within what time frame?
a. 14 days
b. 21 days
c. 30 days
30 days
You must report to TREC new felony conviction or misdemeanor involving fraud within what time frame?
a. 2 weeks
b. 30 days
c. 60 days
30 days
A ______________ is responsible for the conduct of a sponsored apprentice inspector
licensed professional inspector
__________ __________ is required by the responsible inspector to be present on-site when an apprentice conducts an inspection.
direct supervision
Minimum size to post the “Texas Real Estate Commission Consumer Protection Notice” on the business website
a. 6 point font
b. 8 point font
c. 10 point font
10 point font
Minimum size to post the “TREC Protection Notice on the business website
a. 8 point font
b. 10 point font
c. 12 point font
12 point font
The TREC ________ ________ Notice is to be delivered to consumers regarding the ability to file a complaint with TREC and the availability of the Inspector Recovery Fund
TREC Consumer Protection Notice
What is not allowed to be used in any advertisement or on an inspector’s website?
a. TREC mission statement
b. TREC seal or logo
c. TREC tips to pass exams
Seal or logo
__________ ___________ is to be included in advertising along with license holder’s name or business name.
License number
Who can the inspector disclose inspection results to?
a. TREC
b. client or anyone client approves
c. HCAD
client or anyone client approves
When an inspector accepts a job, the inspector has a duty to who?
a. client
b. seller
c. brokers
client
Is an inspector allowed to receive fees or additional compensation based on the closing of a real estate transaction or future referrals?
YES/NO
NO
Amount of time that must pass after the date of inspection before the inspector can offer repair or maintenance services
a. 1 week
b. 6 months
c. 12 months
12 months
In what conditions should the inspector leave the property when the service is completed: ____________
same conditions
When do you secure the property during the inspection process?
When you leave property
Do the SOPs address sewer line scope inspections?
No, but inspector must be competent to offer the service outside of the SOPSs
Any hydrostatic testing must be separately authorized by:
a. buyer in writing
b. seller in writing
seller in writing