Final answer:
Fraud in the real estate industry is covered by statutes that address fraudulent practices, but not by the Texas Fair Housing Act, which focuses on preventing discrimination in housing.
Step-by-step explanation:
Fraud in the real estate industry is not covered by the Texas Fair Housing Act, but rather by various other statutes which may include the Business and Commerce Code or other relevant real estate laws and regulations at the state or federal level. The Texas Fair Housing Act chiefly addresses discrimination in the sale or rental of housing, which is a distinct issue separate from fraud.
The Business and Commerce Code, for example, may contain provisions related to fraudulent practices in general business dealings, which could extend to real estate transactions. Real estate fraud can encompass a range of illicit activities, such as making false statements about a property, forging documents, or running scams related to mortgages or investments.
For specific details regarding fraud in the real estate industry, it is necessary to consult both state and federal laws that directly address fraudulent practices, contractual agreements, and property disclosures.