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

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Prepare for the Texas Real Estate SAE Exam with our educational quiz. Study using flashcards and multiple choice questions, each with detailed explanations to ensure you're ready to pass your exam!

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Which organization provides both approved and promulgated contract forms, addenda, and amendments?

  1. TAR

  2. TREC

  3. HUD

  4. FHA

The correct answer is: TREC

The organization that provides both approved and promulgated contract forms, addenda, and amendments in Texas is the Texas Real Estate Commission (TREC). TREC plays a crucial role in regulating the real estate industry within the state, including the development and approval of standard forms that are used by real estate professionals. These forms are essential for facilitating various real estate transactions, ensuring that they comply with state laws and protect the interests of all parties involved. By promulgating these forms, TREC helps to standardize documentation, reduce misunderstandings, and promote clarity in agreements, which is vital for the overall integrity of the real estate transaction process. While other organizations listed, such as the Texas Association of Realtors (TAR), the Department of Housing and Urban Development (HUD), and the Federal Housing Administration (FHA), may also provide resources or support related to real estate or housing, they do not have the same role in issuing approved and promulgated forms as TREC does.