46.6k views
1 vote
A person is NOT eligible for appointment as a public member of the Texas Real Estate

Commission if the person or the person's spouse:

A. Is registered, certified, or licensed by an occupational regulatory agency in the real estate industry
B. Is employed by or participates in the management of a business entity or other organization regulated by the commission or receiving funds from the commission
C. Owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by the commission or receiving funds from the commission
D. All of the above

User Wowonline
by
8.2k points

1 Answer

3 votes

Final answer:

One is not eligible for appointment as a public member of the Texas Real Estate Commission if oneself or one's spouse is involved in the real estate industry through registration, employment, management, or significant ownership in a regulated entity. Therefore, the correct answer is D. All of the above.

Step-by-step explanation:

The subject of the question is related to eligibility criteria for appointment as a public member of the Texas Real Estate Commission. The Texas Real Estate Commission is a state agency that oversees real estate practices. To maintain impartiality and avoid conflicts of interest, the Texas Real Estate Commission has specific rules regarding who can serve as a public member.

A person is NOT eligible for appointment as a public member of the Texas Real Estate Commission if that person or their spouse meets the following conditions:

  1. Is registered, certified, or licensed by an occupational regulatory agency in the real estate industry.
  2. Is employed by or participates in the management of a business entity or other organization regulated by the commission or receiving funds from the commission.
  3. Owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization regulated by the commission or receiving funds from the commission.

Therefore, the correct answer is D. All of the above.

User Dave Arkell
by
8.4k points