Under TREC rules, which term describes a Texas-licensed broker who has chosen to work under the supervision of another broker rather than operating an independent brokerage?
Correct Answer
B) Broker associate, retaining a full broker license while operating under a sponsoring broker's authority
Under TREC rules, a person who holds a broker license but chooses to work under the supervision of another broker is called a 'broker associate.' The individual retains their broker license but operates in a capacity similar to a sales agent under the sponsoring broker's authority.
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Under TREC rules, a trust account used by a Texas real estate broker to hold client funds must be maintained at which type of institution?
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- → Broker Henderson is approaching his license renewal deadline. He wants to take a CE course that covers changes to the TREC promulgated contract forms. Under TREC rules, would this type of course satisfy part of his CE requirement?
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Under TREC rules, which of the following is a required SAE course for obtaining a Texas sales agent license?
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