Texas License Law
In Texas, a 'designated broker' for a business entity is personally responsible for:
AOnly transactions they personally handle
BAll real estate brokerage activities conducted by the business entity and its associates✓ Correct
COnly the financial reporting of the entity
DAdministrative duties only, not transactional activities
Explanation
The designated broker of a Texas business entity is personally responsible for all real estate brokerage activities conducted by the entity and its sponsored sales agents and associate brokers. This includes trust account maintenance, supervision, and compliance with TREC rules.
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