Questions and Answers
What is an apprentice inspector?
What does a broker do?
Acts in exchange for a commission or valuable consideration.
What does the term 'commission' refer to in this context?
The Texas Real Estate Commission.
What is the Texas Real Estate Inspector Committee?
Signup and view all the answers
A _____ real estate inspection course is approved by the commission.
Signup and view all the answers
Who is considered an inspector?
Signup and view all the answers
What types of licenses are mentioned?
Signup and view all the answers
What defines a professional inspector?
Signup and view all the answers
What is meant by real estate inspection?
Signup and view all the answers
What does a real estate inspector do?
Signup and view all the answers
What does Sec. 1102.003 prescribe?
Signup and view all the answers
What recommendations can the committee make?
Signup and view all the answers
What does Sec. 1102.060 focus on?
Signup and view all the answers
Study Notes
Key Terms in Texas Occupation Code, Chapter 1102
- Apprentice inspector: A trainee working under the direct supervision of a licensed professional inspector or real estate inspector to learn real estate inspection skills.
- Broker: An individual involved in real estate transactions in exchange for a commission or with the expectation of receiving valuable consideration.
- Commission: Refers to the Texas Real Estate Commission, which oversees licensing and practices in the real estate inspection field.
- Committee: The Texas Real Estate Inspector Committee, responsible for providing recommendations regarding regulations and practices for inspectors.
Educational Requirements and Definitions
- Core real estate inspection course: A Commission-approved educational course covering various essential topics such as structural items, safety systems, plumbing, and ethics relevant to real estate inspection.
- Inspector: An individual licensed under Chapter 1102 to conduct real estate inspections.
- License: Specific licenses issued for various levels of inspection, including apprentice, real estate, and professional inspector licenses.
Roles and Responsibilities in Inspection
- Professional inspector: A qualified person who publicly represents their ability to perform real estate inspections and is employed to conduct such inspections for property buyers or sellers.
- Real estate inspection: The process of providing written or oral assessments concerning the condition of real property improvements, covering aspects like structure, systems, and equipment.
- Real estate inspector: A trained individual who operates under the indirect supervision of a professional inspector and is involved in conducting inspections.
Regulatory Framework
- Sec. 1102.003 - Rules; Inspection Forms: The Commission is mandated to create standard forms for inspections to ensure uniformity and minimize discrepancies in inspection reports.
- Sec. 1102.058 - General Powers and Duties of Committee: Outlines the Committee's responsibilities, including recommending licensing rules, application forms, reasonable fees, standards of practice, and ethical conduct guidelines for inspectors.
- Sec. 1102.060 - Consideration of Committee Recommendations: Mandates the Commission to consider the Committee’s recommendations on inspector qualifications and licensing to maintain a reliable inspection system for real estate transactions.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge of the Texas Occupation Code Chapter 1102 with these flashcards. This quiz covers key terms and definitions related to real estate inspections and brokerage. Perfect for those preparing for licensing or exams in the real estate field.
