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Tx Fair Housing DtpaDtpa_consumer_protectionHARD

The Texas DTPA laundry list under §17.46(b) prohibits specific deceptive trade practices. Which of the following is NOT included in the DTPA laundry list?

Correct Answer

D) Charging a price that exceeds the average market price for similar goods or services in the same geographic area

Charging a price above the average market price is not a DTPA laundry list violation. The DTPA does not regulate pricing merely because it exceeds market averages. Price-related violations under the DTPA require misrepresentation about the price (such as false claims of a discount) or unconscionable pricing combined with exploitation, not simply charging above-average prices.

Answer Options
A
Representing that goods or services have sponsorship, approval, or characteristics they do not have
B
Failing to disclose information about goods or services known at the time of the transaction with intent to induce the consumer to enter a transaction they would not have otherwise entered
C
Advertising goods or services with intent not to sell them as advertised (bait and switch)
D
Charging a price that exceeds the average market price for similar goods or services in the same geographic area

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Related Topics & Key Terms

Key Terms:

dtpalaundry_listpricingreverse_question

Related Concepts

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

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