Texas License Law
A Texas brokerage entity (corporation, LLC, or partnership) must have a TREC-licensed broker who:
AHolds at least 51% ownership in the entity
BServes as the designated broker responsible for the brokerage's licensed activities✓ Correct
CIs the registered agent of the entity
DHas no personal financial interest in the entity
Explanation
A Texas brokerage entity must designate a licensed broker as the entity's broker of record. This designated broker is responsible for all real estate activities conducted by the entity and its sponsored agents.
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