Texas License Law
When a Texas real estate agent terminates their relationship with their sponsoring broker, the agent's license:
AIs permanently revoked
BIs placed on inactive status until the agent finds a new sponsoring broker✓ Correct
CTransfers automatically to the nearest competing broker
DRemains active for 90 days for the agent to complete pending transactions
Explanation
When a Texas sales agent leaves their sponsoring broker (voluntarily or involuntarily), their license becomes inactive. They cannot perform real estate activities requiring a license until they obtain a new sponsoring broker and have their license reactivated. This protects consumers and maintains broker oversight of agents.
Related Texas Texas License Law Questions
- TREC's 'Inspector Standards of Practice' (SOPs) require inspectors to report as 'Deficient' items that:
- A Texas real estate license holder who commits fraud, misrepresentation, or dishonest dealing in a transaction may be reported to TREC by:
- TREC license applicants in Texas with a felony conviction must:
- Under Texas Occupations Code, a person who acts as an unlicensed real estate broker may be subject to:
- TREC may take disciplinary action against a license holder for which of the following?
- The Texas Legislature can change TREC's authority by amending Texas Occupations Code. This legislative oversight means that:
- TREC's Real Estate Recovery Trust Account provides funds to compensate consumers who have been harmed by a licensed Texas real estate agent when:
- A Texas real estate license applicant who is not a U.S. citizen may still obtain a Texas license if they:
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