Questions and Answers
What is the penalty for acting as a broker, affiliate broker, time share salesperson, or acquisition agent without first obtaining a license?
Class B misdemeanor
What is the maximum amount of liability covered by the Real Estate Education and Recovery Account per transaction or for the duration of any licensee's career?
$15,000
What is the definition of Corporeal in real estate?
The right to possess visible, tangible real property or personal property
