Question

TREC may assess an administrative penalty of up to $5000 per day for violation of the License Act by _______.

Answer 1

TREC may assess an administrative penalty of up to $5000 per day for violation of the License Act by anyone who is in violation of the License Act.

Step-by-step explanation:

TREC may assess an administrative penalty of up to $5000 per day for violation of the License Act by anyone who is in violation of the License Act. The Texas Real Estate Commission (TREC) is the agency responsible for regulating real estate activities in the state of Texas. The License Act outlines the rules and requirements for practicing real estate in Texas, and TREC enforces these regulations to protect consumers and maintain the integrity of the real estate industry.