Texas License Law
TREC's statutory authority to regulate real estate license holders in Texas is derived from:
AThe Texas Administrative Code Title 22
BTexas Occupations Code Chapter 1101 (Texas Real Estate License Act)✓ Correct
CThe Texas Property Code
DThe Federal Real Estate Settlement Procedures Act
Explanation
TREC's authority stems from Texas Occupations Code Chapter 1101, commonly referred to as the Texas Real Estate License Act (TRELA). This statute establishes TREC, defines who must be licensed, and sets standards for obtaining and maintaining a real estate license in Texas.
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