SCh2 Business Entities Inspectors In Appraisers Flashcards

1
Q

What is another name for the brokers business that can be used by all sponsored sales agents and brokers associate it with this broker

A

Broker assumed business name (DBA)

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2
Q

What is a name used only by a team or a group of one or more sponsored sales, agent, or broker is associated with the broker

A

Team name

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3
Q

What are the rules of having a team name?

A

They must end in team or group, and cannot contain the words brokerage or company or associates, or other similar terms

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4
Q

What is the name used by an individual license holder other than the name on the individuals license such as a middle name, Maiden name, maiden name or nickname?

A

Alternate name

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5
Q

Does TREC have the authority to licensed real estate inspectors in Texas?

A

Yes

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6
Q

What is the agency that regulates real estate appraisers and administers a Texas appraiser, licensing and certification act?

A

The Texas appraisers, licensing and certification board

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