The Texas Real Estate License Act applies to any person or business entity acting as a real estate broker or sales agent while physically in __.
If the Commission denies an application for a license, the Commission must send the applicant written notice of the __.
An applicant who has earned a __’s degree or higher from an accredited college or university will be deemed to have satisfied the related education requirements for a broker license.
In a/an __ the ownership is determined by shares representing a percentage of ownership.
A person must be licensed to arrange for a tenant to occupy a residential property if the person receives valuable __.
A/An __ agent is a license holder who is sponsored by a licensed broker for the purpose of performing an act described as requiring a license.
A public __ while performing official duties does not require a real estate license.
An active salesperson’s license immediately becomes inactive if the salesperson's sponsoring broker __.
An applicant who fails the examination __ consecutive times may not apply for reexamination unless the applicant has completed additional mandatory qualifying education.
Verticales
In a/an __ proprietorship, the ownership of a business is by one person.
To be eligible for a real estate license, a business entity must designate one of its managing officers as its __ broker in good standing.
A sales agent must complete an additional __ classroom hours in qualifying courses by the expiration date of the sales agent’s initial licensing period.
Almost any real estate action in Texas requires a license if it is for others and for __, unless exempted.
Without a sponsoring broker, the sales agent’s license is in __ status.
A license holder may be a sales agent or a/an __.
An applicant for a broker license must have __ years of experience actively practicing as a license holder in Texas during the five years preceding the date the application is filed.
A person who intends to be licensed by the Commission must be a citizen of the U.S. or __ admitted alien.
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