Under TRELA, what term describes a license holder who has met all requirements for a broker license but chooses to work under the sponsorship of another broker?
Correct Answer
B) Associate broker or broker associate
Under TRELA §1101.002, a person who holds a broker license but operates under the sponsorship of another broker is classified as an 'associate broker' or 'broker associate.' They hold a full broker license but function in a capacity similar to a sponsored sales agent under that broker's supervision.
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