Under TRELA, which individuals are included in the definition of 'license holder'?
Correct Answer
B) Any broker or sales agent who holds a license issued by TREC, whether active or inactive
Under Texas Occupations Code §1101.002(4), 'license holder' means a person who holds a real estate broker or sales agent license issued by TREC. The definition is not limited to active licenses — a person whose license is on inactive status is still a license holder under TRELA. Both license types and both status categories are included.
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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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Under TRELA, which of the following persons is NOT exempt from the Texas real estate licensing requirement?
Under TREC rules, how many hours of continuing education (CE) must a Texas real estate license holder complete during each 2-year renewal cycle?
- → 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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