Under TREC rules, certain persons are exempt from the Texas real estate licensing requirement. Which of the following persons is NOT exempt and must hold a license?
Correct Answer
A) A person who regularly finds tenants for multiple landlords in exchange for a finder's fee
A person who regularly finds tenants for multiple landlords in exchange for a finder's fee is engaging in real estate brokerage activity that requires a license. This is not covered by any licensing exemption because the person is acting on behalf of others for compensation on a regular basis.
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