A Texas broker operates a property management division and a sales division. One of the broker's sales agents, Janet, is asked to also manage rental properties for the property management division. Under TREC rules, does Janet need a separate license for property management?
Correct Answer
C) No, Janet's sales agent license authorizes her to perform property management activities under her sponsoring broker's supervision
Under TRELA, property management activities (leasing, rent collection, property maintenance coordination) are considered real estate brokerage activities covered by a real estate license. Janet does not need a separate license; her sales agent license under her sponsoring broker authorizes her to perform property management duties.
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