Under 22 TAC §535.2, before a sponsored sales agent begins performing real estate brokerage activities, the sponsoring broker must do which of the following?
A. File a copy of the sponsorship agreement with the county clerk where the agent resides
B. Obtain a separate broker's license specifically covering that agent
C. Notify the sales agent in writing of the scope of the activities the agent is authorized to perform
D. Require the agent to post a personal surety bond with TREC
Show answer and reasoning
Correct answer: C. Notify the sales agent in writing of the scope of the activities the agent is authorized to perform
- A: TRELA has no county-clerk filing requirement for sponsorship
- B: A broker holds one license that covers supervision of sponsored agents, not per-agent licenses
- D: TRELA does not require sales agents to post personal surety bonds
Source: 22 Tex. Admin. Code §535.2(a) — Broker Responsibility, requires a broker to notify a sponsored sales agent in writing of the scope of the agent's authorized activities; https://regulations.justia.com/states/texas/title-22/part-23/chapter-535/subchapter-b/section-535-2/ (statutes.capitol.texas.gov / sos.texas.gov TAC mirrors frequently return only a nav-shell to fetch tools, so this Justia/Cornell mirror is used)
Broker Dana delegates day-to-day supervision of five sales agents on her team to a licensed team leader. Under 22 TAC §535.2(e), what is the legal effect of this delegation on Dana's own supervisory responsibility?
A. Dana retains overall responsibility for supervision of the sponsored agents even after the delegation
B. Dana is fully released from supervisory responsibility once the delegation is signed
C. The delegation transfers Dana's broker license to the team leader for the delegated agents
D. TREC automatically voids any delegation lasting longer than 30 days
Show answer and reasoning
Correct answer: A. Dana retains overall responsibility for supervision of the sponsored agents even after the delegation
- B: A broker may delegate assistance with supervision but cannot relinquish overall responsibility
- C: License authority is not transferable through a delegation of supervisory duties
- D: A delegation lasting or expected to last more than three consecutive months must be reported to TREC within 30 days, but is not automatically voided
Source: 22 Tex. Admin. Code §535.2(e) — delegation of supervisory duties must be in writing and does not relieve the broker of overall responsibility; https://regulations.justia.com/states/texas/title-22/part-23/chapter-535/subchapter-b/section-535-2/
A broker delegates supervision of a newly licensed sales agent to another license holder, and the delegation is anticipated to last five consecutive months. Within how many days of that delegation must the broker report it to TREC in writing?
A. 10 days
B. 30 days
C. 60 days
D. 90 days
Show answer and reasoning
Correct answer: B. 30 days
- A: 10 days is not the reporting window under this rule
- C: 60 days is not the reporting window under this rule
- D: 90 days is not the reporting window under this rule
Source: 22 Tex. Admin. Code §535.2(e) — a delegation of supervisory duties lasting or anticipated to last more than three consecutive months must be reported to the Commission in writing within 30 days; https://www.texasrealestate.com/members/posts/trec-rule-change-shortens-time-requirements-for-delegated-supervisors/
A sponsored sales agent submits a written question to her sponsoring broker about the scope of her authorized activities. Under 22 TAC §535.2, within how many calendar days must the broker respond?
A. Two calendar days
B. Five business days
C. Ten calendar days
D. There is no specific response deadline
Show answer and reasoning
Correct answer: A. Two calendar days
- B: Five business days is not the standard set by the rule
- C: Ten calendar days is not the standard set by the rule
- D: The rule does set a specific two-day response obligation
Source: 22 Tex. Admin. Code §535.2(j) — a broker must respond to a sponsored sales agent's request within two calendar days; https://regulations.justia.com/states/texas/title-22/part-23/chapter-535/subchapter-b/section-535-2/
TREC sends correspondence addressed to a sponsored sales agent to the agent's sponsoring broker. Under 22 TAC §535.2, within how many calendar days must the broker forward that correspondence to the agent?
A. Three calendar days
B. Immediately, with no grace period
C. Fifteen calendar days
D. Thirty calendar days
Show answer and reasoning
Correct answer: A. Three calendar days
- B: The rule allows a defined grace period rather than requiring instantaneous delivery
- C: Fifteen calendar days exceeds the actual window
- D: Thirty calendar days exceeds the actual window
Source: 22 Tex. Admin. Code §535.2(k) — a broker must deliver Commission correspondence intended for a sponsored agent to that agent within three calendar days; https://regulations.justia.com/states/texas/title-22/part-23/chapter-535/subchapter-b/section-535-2/