Texas SAE Property Management Practice Exam

Question: 1 / 400

What is the purpose of the Texas Real Estate Commission (TREC)?

To facilitate real estate transactions

To regulate the real estate industry and protect public interest

The Texas Real Estate Commission (TREC) serves a critical role in regulating the real estate industry and ensuring the protection of the public interest. Its primary purpose is to enforce real estate laws and regulations, thereby safeguarding consumers in their real estate transactions. TREC establishes standards for real estate professionals, oversees licensing, and investigates complaints against license holders, ensuring that they adhere to ethical practices and legal requirements. This regulatory function is essential to maintain the integrity of the real estate market, promoting transparency and fairness in transactions.

Although facilitating real estate transactions and providing training for agents are important aspects of the broader real estate process, they do not encompass the regulatory and protective focus that TREC has. Additionally, managing property taxes falls under different governmental entities, not TREC's purview. Therefore, the correct answer highlights the commission's commitment to regulation and consumer protection within the industry.

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To provide training for real estate agents

To manage property taxes in Texas

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