Texas License Law
Under Texas law, a real estate license is NOT required to:
ASell commercial real estate for a fee
BManage an apartment complex as a salaried employee of the owner✓ Correct
CNegotiate a lease on behalf of a tenant for a fee
DSell another person's home for compensation
Explanation
A salaried on-site property manager employed directly by the owner to manage that specific property is generally exempt from the licensing requirement. Acting for compensation on behalf of others requires a license.
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