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

What is the main purpose of the Consumer Protection Form (CN 1-2) for brokers in Texas?

1. To advertise available properties

2. To provide information on community services

3. To inform clients about their rights and protections

4. To outline brokerage fees

The correct answer is: To inform clients about their rights and protections

The main purpose of the Consumer Protection Form (CN 1-2) for brokers in Texas is to inform clients about their rights and protections. This form serves as an important tool in promoting transparency within the real estate transaction process. By providing clients with clear and accessible information regarding their rights, the form empowers consumers, ensuring they are aware of the legal protections afforded to them during real estate transactions. This aligns closely with the ethical responsibilities of brokers, as it enhances consumer confidence and helps to mitigate potential misunderstandings about the real estate process. While advertising available properties, providing information on community services, and outlining brokerage fees are all relevant functions in real estate, they do not directly address the core purpose of the Consumer Protection Form. Instead, those tasks might fall under different forms or disclosures that focus on specific aspects of real estate transactions, but the CN 1-2 specifically targets client awareness and rights.