Under TRELA, a license holder who has been convicted of a felony or certain misdemeanors may be subject to disciplinary action. Which of the following is an accurate statement about this provision?
Correct Answer
A) TREC may consider both felony convictions and misdemeanor convictions involving moral turpitude as grounds for disciplinary action
Under Texas Occupations Code §1101.652, both felony convictions and misdemeanor convictions involving moral turpitude may serve as grounds for disciplinary action. TREC evaluates the nature of the conviction and its relevance to real estate practice.
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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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