Texas License Law
TREC's Canons of Professional Ethics and Conduct apply to all Texas real estate license holders and include principles of:
ACommission rates and fee schedules
BFidelity, integrity, competency, consumer information, and discriminatory practices✓ Correct
CRequired office hours and client response times
DDress code and professional appearance standards
Explanation
TREC's Canons of Professional Ethics and Conduct (22 TAC 531.1) establish ethical principles including: fidelity (loyalty to principals), integrity (honest dealings), competency (sufficient knowledge and skills), consumer information (IABS notice), and non-discrimination. These are minimum ethical standards for all Texas license holders.
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