Which Texas agency oversees the regulation of real estate practices?

Study for the Texas Promulgated Contracts Exam. Gain understanding with detailed explanations and various question formats. Prepare effectively and ace your test!

The Texas Real Estate Commission (TREC) is the correct agency that oversees the regulation of real estate practices in Texas. This commission is responsible for enforcing the state's real estate laws and protecting consumers in real estate transactions. TREC establishes rules and regulations for real estate licenses, ensures compliance with those laws, and provides education and resources for both real estate professionals and consumers.

While other organizations listed exist and have important roles within the real estate sector, they do not serve the regulatory function that TREC does. For instance, the Texas Department of Real Estate is not a recognized entity; the correct authority is TREC. The Texas Association of Realtors is a professional organization that advocates for the interests of realtors and provides support and resources, but it does not regulate the real estate industry. The Texas Land Board is primarily concerned with land-related issues, especially regarding public land, veterans’ land programs, and other specific land management functions, but it does not oversee overall real estate practices. Therefore, the Texas Real Estate Commission is the appropriate agency for regulating real estate practices in Texas.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy