Texas Real Estate Sales Agent ExamTexas Real Estate LawEasy
Under the Texas Real Estate License Act (TRELA), which of the following actions requires a real estate license?
- AA person selling their own primary residence without assistance.
- BAn individual assisting in the sale of a friend's home for a commission.
- CAn attorney negotiating a lease agreement for a client as part of their legal practice.
- DA property owner managing their own rental properties.
Show answer & explanationAnswer & explanation
Correct answer: B. An individual assisting in the sale of a friend's home for a commission.
TRELA requires a license for individuals who, for compensation, assist others in the sale, purchase, or leasing of real property. Assisting a friend for a commission clearly falls under this definition.
Why the other options are wrong
- A. Selling one's own property does not require a license.
- C. Attorneys are exempt from licensing when practicing law.
- D. Managing one's own property does not require a license.
Activities Requiring a Real Estate License
Actions performed for another party for compensation that involve the sale, exchange, purchase, or lease of real estate in Texas, as defined by TRELA.
- Involves real estate transactions
- Performed for another party
- Done for compensation or expectation of compensation
Memory trick: If you're paid to help others with property, a license key unlocks the door.