Texas License Law
A Texas real estate broker who fails to maintain required trust account records may face which TREC penalty?
AAutomatic license revocation without hearing
BA private reprimand only
CSuspension or revocation of license and/or an administrative penalty✓ Correct
DCriminal prosecution only through the courts
Explanation
TREC has authority to suspend or revoke a broker's license and impose administrative penalties (fines) for failure to maintain proper trust account records. Brokers must maintain accurate records of all trust funds received.
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