Texas Real Estate Exam complete solutions 2022

Place of Business: - a. Each resident broker shall maintain a fixed office within this state. The address of the office shall be designated on the broker's license. b. If a broker maintains more than one place of business within this state, he/she shall apply for, pay the required fee for, and obtain an additional license to be known as a branch office license for each additional office he/she maintains. c. A copy of the license or licenses of the broker and his associated agents are to be kept under the broker's custody and control. f. Each broker engaged in apartment locating or a residential rental locator must prominently display in his/her place or in one of his/her places of business the license of each real estate salesperson associated with him. When the association of a salesperson with his/her sponsoring broker is terminated, - the broker shall immediately return the salesperson license to the commission after notifying the salesperson in writing of the termination A broker or salesperson that wants to be inactive - must apply for inactivity before their license expires Licensees may only late renew within - 6 months of the expiration of their license After 6 months of letting your Texas Real Estate License lapse - the person may obtain a new license by submitting to re-examination & meeting the requirements and procedures for obtaining an original license