Sales agent Chen wants to form a team within his sponsoring broker's brokerage. Under TREC rules regarding team names and advertising, which of the following requirements applies?
Correct Answer
D) The team name must include the sponsoring broker's name and may not include terms like 'realty,' 'real estate,' or 'properties' unless it is the broker's registered name
Under TREC Rules §535.154, team names used in advertising must not be deceptive and cannot include terms that imply the team is a separate brokerage (such as 'realty,' 'real estate,' 'properties,' or similar). All team advertising must also include the sponsoring broker's name as registered with TREC.
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Under the Texas Real Estate License Act, which of the following persons is exempt from the requirement to hold a real estate license?
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A buyer's agent learns during a transaction that the property has a zoning classification that conflicts with the buyer's stated intended use. Under TREC Canon §531.2, which of the following best describes the agent's obligation?