How many rental transactions must Fatima's broker coach her through according to TREC rules?

Enhance your understanding of Texas real estate law with the Texas Legal Update I Test. Study with multiple choice questions, each with explanations, and prepare for success on your exam!

According to the Texas Real Estate Commission (TREC) rules, a broker is required to coach a new agent through three rental transactions before they can handle rentals independently. This requirement is in place to ensure that the new agent gains practical experience and understands the nuances of rental transactions, including legal, ethical, and procedural aspects. By participating in three transactions under the guidance of an experienced broker, the agent is better prepared to serve clients effectively and handle cases with the necessary competence. Therefore, completing three rental transactions is essential for compliance and professional development in the real estate field in Texas.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy