What commission do all license holders in Texas have to adhere to?

What commission do all license holders in Texas have to adhere to?

• A. The National Association of Realtors
• B. The Texas Real Estate Commission
• C. The local real estate board
• D. The Association of Real Estate Licensees

Answer: (B)

All license holders in Texas are required to adhere to the regulations set forth by the Texas Real Estate Commission (TREC). This governing body is responsible for regulating real estate practices in Texas, ensuring that all licensed individuals follow the laws and standards necessary to maintain professionalism within the industry. TREC establishes the guidelines under which real estate transactions must operate, and it provides resources, education, and enforcement to protect public interest and ensure compliance among real estate practitioners. In contrast, while organizations like the National Association of Realtors or local real estate boards may provide additional compliance or resources, they do not have the regulatory authority specific to real estate licenses in Texas. The provisions of TREC are mandatory for all licensed professionals, making it the premiere authority in this context. Thus, understanding and following the rules set by TREC is essential for maintaining expertise and legality in Texas real estate transactions.

All license holders in Texas are required to adhere to the regulations set forth by the Texas Real Estate Commission (TREC). This governing body is responsible for regulating real estate practices in Texas, ensuring that all licensed individuals follow the laws and standards necessary to maintain professionalism within the industry. TREC establishes the guidelines under which real estate transactions must operate, and it provides resources, education, and enforcement to protect public interest and ensure compliance among real estate practitioners.

In contrast, while organizations like the National Association of Realtors or local real estate boards may provide additional compliance or resources, they do not have the regulatory authority specific to real estate licenses in Texas. The provisions of TREC are mandatory for all licensed professionals, making it the premiere authority in this context. Thus, understanding and following the rules set by TREC is essential for maintaining expertise and legality in Texas real estate transactions.