Trela is a law passed by the texas legislature to govern:
The Texas Legislature established the Texas Real Estate License Act (TRELA) in 1939 that details real estate license rules and regulations (Art. 6573a, Vernon's Annotated Civil Statutes, as amended effective January 1, 1996). This act also created the Texas Real Estate Commission (TREC), the regulatory agency responsible for administering the act. The governor appoints the nine real estate commissioners (with senate advice and consent). The execution of the commission's responsibilities is conferred on a full-time staff under an administrator. Staff functions include application processing, education and examination, enforcement, administration, staff services and administration of licensed real estate inspectors, residential rental locators and residential service companies. Show Step 1: Meet the personal and educational requirements 8 Semester (120 classroom) hours in Core Real Estate Courses* Any additional classes may obtained by one of the following: real estate math, real estate brokerage, property management and real estate investment. TRELA prescribes the content of each of these courses. Also, please be aware that the Commission may not accept a core real estate course completed more than ten(10) years prior to the date of the applicant's transcript evaluation. **Related Courses would include but not be limited to: other related real estate courses such as farm and ranch properties; real estate trends and problems; syndication; title and closing; construction; ethics; earnest money contracts; taxation; exchange techniques; various update courses in law, finance, TREC contracts and closings and those approved real estate trade association courses. (No two courses with same course title or content accepted.) Note: A four-year bachelor's degree will substitute for the 60 classroom hours in Related Courses. Step 2: Evaluation of Educational Documents Step 3: Make Application Step 4: Take the state exam Step 5: Obtain a Sponsoring Broker Your broker should provide ongoing educational support and encourage your professional development. When selecting a brokerage firm, you will also want to consider: advertising and market presence, community image, office facilities, public relations, manager's experience, support staff, listing inventory, training program, relocation business, referral network, and the office fees involved. Your selected broker will then submit to TREC ($20 fee) the sponsorship request form, and your "active" license will be issued. At that time, you must pay the Local, State and National Association dues. When was the Trela originally passed?The History and Purpose of TRELA
TRELA was originally passed in 1939 as the Real Estate Dealers License Act. In 1955, it was renamed the Texas Real Estate License Act. The original law set up a licensing system for people who broker the sale of real estate.
What does Trela stand for in real estate?TRELA stands for The Real Estate License Act (Texas)
This definition appears rarely and is found in the following Acronym Finder categories: Military and Government.
What is the primary purpose of the Texas Real Estate Commission TREC )?xas Legislature established the Texas Real Estate Commission (TREC) in 1949 to safeguard consumers in matters of real property transactions and valuation services.
What does TREC stand for in Texas?The Texas Real Estate Commission (TREC) was established in 1949 by the Texas legislature as a protection for consumers engaged in all matters related to real property transactions and valuation services.
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