Aceable Agent – Finance Practice Test

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Which commission was created to enforce TRELA and also regulates educational and licensing programs that maintain standards, while interpreting legislation affecting the real estate profession?
Correct Answer:
TEXAS REAL ESTATE COMMISSION (TREC) 1949
Explanation:
TRELA stands for the Texas Real Estate License Act, and the agency created to enforce TRELA while also regulating the educational and licensing programs that maintain standards, and interpreting legislation affecting the real estate profession, is the Texas Real Estate Commission. This body licenses real estate agents and brokers, sets and enforces education requirements (including continuing education), investigates complaints, and disciplines licensees. It also approves and oversees real estate education providers to ensure courses meet established standards, and it interprets real estate laws and rules to guide practitioners and protect consumers. The other options don’t reflect the actual Texas agency with this combination of enforcement, licensing regulation, and educational oversight.

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