What is a Trepac investment?
TREPAC is a voluntary, nonprofit, unincorporated group whose membership consists of REALTORS® and others interested in protecting the free rights of property ownership in the United States. As a political action committee, TREPAC complies with all federal and state campaign-investment laws.
Is Trepac Investment mandatory?
Contributions to the Texas Association of REALTORS® Political Action Committee (TREPAC) and the Texas Association of REALTORS® Federal Political Action Committee (TAR FedPAC)—which makes contributions to the REALTORS® Political Action Committee (RPAC)—are voluntary and may be used for political purposes.
Which of the following are some of the top trec complaints?
Negligence, rebate, referral, earnest money, and other sales issues were the highest types of complaint allegations the Texas Real Estate Commission received from September 2018 to September 2019.
What is Trepac in Texas?
The mission of Texas REALTORS® Political Action Committee (TREPAC) is to raise and disburse funds to promote home ownership, protect real property rights, and increase political awareness.
What is a federal political coordinator?
Federal Political Coordinators (FPC) are the “face of real estate,” working to educate members of Congress on important issues facing the real estate industry. FPCs are recommended by their state president and appointed by the NAR President, to serve a two-year term that runs concurrently with the congressional cycle.
What is Trepec?
TREPAC stands for Texas Real Estate Political Action Committee. It is a non-partisan political action committee that is focused on supporting candidates that support the rights of private property, homeownership, and the real estate profession.
Should a REALTOR tell you what to offer?
While some REALTORS® may be reluctant to disclose terms of offers, even at the direction of their seller-clients, the Code of Ethics does not prohibit such disclosure. In some cases state law or real estate regulations may limit the ability of brokers to disclose the existence or terms of offers to third parties.
Do you have to be a Texas resident to get a real estate license?
General Pre-Requisites for Becoming a Texas Real Estate Agent. To be eligible to become a licensed agent in Texas, you must be a U.S. citizen or lawfully admitted alien, a Texas resident, and 18 years of age or older.
What is a critical problem in using natural monuments in metes and bounds property descriptions?
What is a critical problem in using made-made monuments in metes-and-bounds property descriptions? Humans may move the monuments by mistake or fraud.
Do Realtors lie about multiple offers?
In short, a realtor might lie about having multiple offers. They can exaggerate the level of interest they have in a property to drive the price up. The goal is to close the deal as quickly as possible. But doing so isn’t exactly an ethical practice.
Is the Texas real estate exam hard?
The exam can be challenging, but it isn’t something students should be intimated by! We created a Texas real estate exam prep course to help students pass their first time! The average pass rate for all real estate education providers is 86.14% for the National portion and 62.8% for the Texas portion.
What term is used to denote the exact starting point of a metes-and-bounds legal description?
A metes-and-bounds description begins from a reference point called a point of beginning (POB). From the point of beginning, the legal description gives the direction and the distances of the boundaries.
Which of the following is not considered to be appurtenant to land?
Which of the following is not considered to be appurtenant to land? Explanation: Trade fixtures (items installed by a tenant for use in a trade or business) are not appurtenant to land.