The Texas Real Estate Commission may suspend or revoke a real estate license for all of the following causes EXCEPT

A) offering real estate for sale through a lottery.
B) receiving an undisclosed commission from the buyer.
C) placing a sign on real estate without written consent of the owner.
D) failing to specify a definite termination date in a lease.

Answer: D) failing to specify a definite termination date in a lease.
The requirement of the Texas Real Estate License Act regarding termination dates in contracts does not apply to lease agreements. The license, however, may be suspended or revoked for accepting an undisclosed commission; offering property for sale by means of a lottery; or placing a sale or lease sign on property without the written consent of the owner.

Business

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What is the first step in the methodology of rights analysis?

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