Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

What does the Texas Occupations Code, Chapter 1101 and 1102, refer to?

1. The Real Estate License Regulations

2. The Texas Real Estate License Act (TRELA)

3. The Texas Property Code

4. The Housing Agency Act

The correct answer is: The Texas Real Estate License Act (TRELA)

The Texas Occupations Code, Chapter 1101 and 1102 refers specifically to the Texas Real Estate License Act (TRELA). This legislation is crucial for regulating the practice of real estate in Texas. It sets forth the guidelines and requirements for obtaining a real estate license, the responsibilities and conduct of licensed real estate professionals, and the legal framework governing real estate transactions in the state. TRELA is designed to protect the public by ensuring that those who engage in real estate activities are qualified and adhere to ethical standards. The Act covers various aspects including the requirements for licensure, duties of license holders, and disciplinary actions that can be taken against license holders who violate the law. Understanding TRELA is essential for anyone involved in the real estate industry in Texas, as it outlines the legal obligations and protections for both real estate agents and consumers. The other options relate to different aspects of real estate and property law but do not specifically correspond to the content of Chapters 1101 and 1102 of the Texas Occupations Code, making them irrelevant in this context.