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"'Someone whose license has been expired for 90 days or fewer may renew their license by paying TREC a fee. How much is the renewal fee in these instances?"

2 Answers

3 votes

Answer:

One-and-a-half times the required renewal fee.

Step-by-step explanation:

TREC is an acronym that stand for The Texas Real Estate Commission and this body or Organization is saddled with the responsibility of providing policies governing how real estate are being practiced. When someone's or a broker's license expires it means that the the broker or person can no do some things pertaining to real estate legally until the person or broker renew their license.

So, in the question above we are asked about the renewal fee for Someone whose license has been expired for 90 days or fewer the person has to pay. Well, the answer is that the person has to pay One-and-a-half times the required renewal fee.

User Chitharanjan Das
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3.0k points
0 votes

Answer:

One-and-a-half times the regular required renewal fee

Step-by-step explanation:

If proper application is made more than thirty-one (31) days but within one (1) year after the date of expiration of a license, by payment of the regular renewal fee and payment of a reinstatement fee equal to one-half (1/2) the regular renewal fee, the license will be issued. So, since this particular license has expired for 90 days, it will be issued back if the concerned person will pay the renewal and the reinstatement fee which equal to one and half of the regular renewal fee.

User Bob Dylan
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4.2k points