Employment Issues Flashcards
1
Q
A personal assistant w/o a valid broker’s license is allowed to do which of the following?
A
NONE of these are correct:
- Auction real estate
- Negotiate a lease
- Control deposit of rent from a resident of a single family residential real property unit
2
Q
Which of the following parties acts as an agent of a sponsoring broker?
A
A sponsored licensee
3
Q
With a few exceptions, Texas law prohibits sharing commission with:
A
parties who do not possess a valid real estate license
