Under TRELA, which type of license holder is authorized to sponsor sales agents in Texas?
Correct Answer
D) A licensed broker who is registered with TREC as a designated broker or sponsoring broker
Under Texas Occupations Code §1101.352, only a licensed broker who is registered with TREC as a designated broker or sponsoring broker may sponsor sales agents. The broker must have their own active brokerage to sponsor agents.
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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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- → Under TRELA, the Texas real estate licensing examination for a sales agent consists of which sections?
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