Final answer:
An individual facing civil or criminal liability may still be subject to disciplinary action from the Texas Real Estate Commission (TREC) if their conduct violates the rules and regulations of the real estate industry.
Step-by-step explanation:
An individual facing civil or criminal liability may still be subject to disciplinary action from the Texas Real Estate Commission (TREC). TREC is a regulatory body that oversees the real estate industry in Texas and has the authority to investigate and take disciplinary action against licensed real estate professionals who violate the laws and regulations governing their profession.
Disciplinary action can range from fines and probation to license suspension or revocation, depending on the severity of the misconduct. It is important for real estate professionals to adhere to ethical and legal standards to maintain their license and reputation.
For example, if an individual with a real estate license is found guilty of fraud or misrepresentation in a criminal court, they may face criminal penalties such as fines or imprisonment. Additionally, TREC can launch its own investigation and impose disciplinary action if the individual's conduct is deemed to violate the rules and regulations of the real estate industry.