Texas License Law
A Texas real estate broker who wants to operate as a single-member LLC must:
AApply for a broker license in the LLC's name and designate a licensed broker as its agent✓ Correct
BOperate only as a sole proprietorship
CHave at least two licensed brokers as members
DObtain a separate TREC business entity license which is not the same as a broker license
Explanation
A business entity (LLC, corporation, partnership) acting as a real estate broker in Texas must obtain a business entity broker license from TREC. The entity must designate a licensed individual broker as its designated broker/agent. The designated broker is responsible for all brokerage activities conducted by the entity.
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