EstatePass
Trela Trec RulesTrec_structureMEDIUM

Broker Kim receives a letter from TREC notifying her that she is under investigation for a potential TRELA violation. The letter requests that she provide certain transaction records within 10 business days. Under TREC's powers, what happens if Broker Kim refuses to provide the requested records?

Correct Answer

A) TREC may issue a subpoena to compel production of the records and may seek court enforcement if necessary

Under Texas Occupations Code §1101.204, TREC has subpoena power to compel the production of documents, records, and testimony relevant to an investigation. If a license holder refuses to comply, TREC may seek enforcement through a Travis County district court.

Answer Options
A
TREC may issue a subpoena to compel production of the records and may seek court enforcement if necessary
B
TREC has no recourse and must close the investigation if the license holder refuses to cooperate
C
TREC must wait 90 days and then re-request the records before taking any further action
D
TREC may impose a fine of exactly $100 per day for each day the records are not produced

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Trela Trec Rules Question

Sign up free to unlock full analysis

Background Knowledge for Trela Trec Rules

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Trela Trec Rules

Sign up free to unlock full analysis

Common Mistakes to Avoid on Trela Trec Rules Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

trec_powerssubpoenainvestigationrecord_productionchapter_1101
Was this explanation helpful?

More Trela Trec Rules Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing