A buyer was told by a licensed agent that the second-story window air conditioner would remain with the house if the buyer paid the asking price. The affiliate broker had not confirmed this with the seller and the seller removed the unit before closing. The buyer paid the full price for the house, then discovered the unit missing and contacted the TREC to file a complaint. Which of the following statements is correct?
a) The TREC will require the broker to buy an air conditioner for the buyers.
b) The TREC may suspend the affiliate broker's license for making a misrepresentation.
c) The TREC can only levy a fine against the affiliate broker equal to the cost of a new air conditioner.
d) The TREC has no power or authority to take action.

The Texas real estate cost is the state corporation that governs actual property practices in the nation of Texas. The business enterprise is founded at 1700 North Congress in Austin. TREC consists of 9 individuals appointed by the Governor with the concurrence of the Texas Senate

Oldmixon stated Texas regulation calls for TREC to take a look at how relevant and current changes in the crime are. You can get an actual estate license with minor misdemeanors for your report. if you already have a license, it takes a prison for the kingdom to even take into account revoking it.

The contract forms are to be had for public use. A TREC settlement form, but, is meant for use frequently via licensed real property brokers or income agents who're skilled in their correct use.

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