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Law of Agency > Employment Issues > Flashcards

Employment Issues Flashcards

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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
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2
Q

Which of the following parties acts as an agent of a sponsoring broker?

A

A sponsored licensee

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3
Q

With a few exceptions, Texas law prohibits sharing commission with:

A

parties who do not possess a valid real estate license

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Law of Agency (10 decks)

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