Texas · Chapter 20 of 44
Risk Management
Supervision, federal regulations including Do Not Call and privacy laws, vicarious liability, antitrust laws, fraud and misrepresentation, and types of insurance.
20-minute read · Built for the TREC Sales Agent Exam
supervisionDo Not Call RegistryCAN-SPAMvicarious liabilitySherman Antitrust Actprice fixingmarket allocationgroup boycottingtying arrangementsfraudmisrepresentationerrors and omissions insuranceE&Ogeneral liability
Vicarious Liability
A sponsoring broker is VICARIOUSLY LIABLE for the actions of sponsored sales agents in real estate transactions. The broker can be sued and disciplined for the agent's misconduct. This is why brokers exercise strict supervision.
TRELA §1101.652
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