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TRELA: Agency and Brokerage

Horizontales
A resident __ must maintain a fixed office in this state.
A Seller's Property Condition Disclosure notice is not required for a __ sale.
A buyer or tenant agent in any single agency real estate transaction must disclose the agency relationship at first __ with the other party’s agent.
The relationship between broker and sales agent is created by a/an __ contractor agreement under the sponsorship of the real estate brokerage owned or managed by the broker.
A/An __ is a broker licensee who works for both the seller and the buyer in the same transaction (an agency alternative allowed in Texas).
Information About Brokerage Services
It is a violation of the Texas Real Estate License Act for a broker to share a commission with an/an __ person.
__ cause is legally defined as the starting of an uninterrupted chain of events that leads to a sale.
TREC requires brokers to advise any buyer to obtain a/an __ of title covering the property, or a title policy.
A/An __ fact is information that would be useful for a reasonable person to know when making a purchase decision, as opposed to an insignificant, trivial, or unimportant detail.
__ agency occurs when the same brokerage represents both the seller and the buyer under a written agreement.
The Texas Property Code (TPC) declares there is no duty to disclose a death occurring on a property if the death was due to natural causes or __.
The "__ person" theory dictates that if a reasonable person would have known about the material fact, the licensee should have known about the fact as well.
Verticales
A/An __ is a licensee who is not affiliated with the client’s broker, but who represents the client as a cooperating broker.
A broker must see that sponsored sales agents maintain their licenses in __ status at all times while they are engaging in activities subject to the licensing act.
TREC requires that a broker has a current broker's __ in order to receive a commission.
__ acts are acts performed by an agent for a customer that are informative or clerical.
All real estate agents must work under a/an __ broker to be allowed to practice in the real estate industry.
Regardless of who will be responsible for payment of commission to the broker, commission agreements must be in __.
The Fair Housing Act includes people diagnosed with __ as a class protected against discrimination under the handicap designation.
A/An __ relationship is a relationship in which one party places special trust, confidence, and reliance in another.