Who does the Texas Real Estate Commission regulate?

Study for the Aceable Agent Finance Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Multiple Choice

Who does the Texas Real Estate Commission regulate?

Explanation:
Texas Real Estate Commission regulates the people who practice real estate for compensation in Texas—the licensed real estate professionals such as real estate agents and sales brokers. The Commission issues licenses, sets education and renewal requirements, and enforces rules to protect the public, which is why agents and brokers are the focus of its regulation. Mortgage lenders and developers of timeshares fall under different regulators, while the core idea here is the licensing and discipline of real estate licensees.

Texas Real Estate Commission regulates the people who practice real estate for compensation in Texas—the licensed real estate professionals such as real estate agents and sales brokers. The Commission issues licenses, sets education and renewal requirements, and enforces rules to protect the public, which is why agents and brokers are the focus of its regulation. Mortgage lenders and developers of timeshares fall under different regulators, while the core idea here is the licensing and discipline of real estate licensees.

More practice questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy