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AgencyTrust_accountsMEDIUM

Can a sales agent maintain a trust account?

Correct Answer

D) No, only brokers can

In Texas, only brokers can maintain trust accounts for client funds.

Answer Options
A
Yes, with broker permission
B
Yes, with principal permission
C
Not without trust license
D
No, only brokers can
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Related Topics & Key Terms

Related Topics:

broker-supervision-requirementsclient-funds-handlingtexas-real-estate-licensing

Key Terms:

trust accountsales agentbroker authorityTRECclient funds
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