Final answer:
The law governing Texas real estate license holders is the Texas Real Estate License Act, which is enforced by the Texas Real Estate Commission (TREC). TREC regulates, licenses, and disciplines real estate professionals in Texas, ensuring that they meet qualifications and adhere to ethical standards. The Texas Real Estate License Act sets requirements for obtaining and renewing licenses and protects consumers in real estate transactions.
Step-by-step explanation:
The law governing Texas real estate license holders is the Texas Real Estate License Act, which is enforced by the Texas Real Estate Commission (TREC).
TREC is responsible for regulating, licensing, and disciplining real estate professionals in Texas. They ensure that license holders meet the required qualifications, adhere to ethical standards, and comply with the laws and regulations governing the real estate industry.
The Texas Real Estate License Act establishes the requirements for obtaining and renewing a real estate license, outlines the duties and responsibilities of license holders, and sets the rules and regulations to protect consumers in real estate transactions.