Final answer:
The TREC Consumer Information Form 1-1 does not cover both appraisers and loan officers; it is specific to real estate brokerage services in Texas.
Step-by-step explanation:
The statement is False: The TREC Consumer Information Form 1-1 does not cover both appraisers and loan officers. TREC is an acronym for the Texas Real Estate Commission, and its Consumer Information Form 1-1 is designed to provide information specifically about real estate brokerage services. It is required to be displayed by real estate brokers and sales agents in Texas. Loan officers and appraisers have their own specific disclosure requirements and are not covered under the TREC Consumer Information Form 1-1.