Texas Crammer Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the Texas Crammer Exam with comprehensive study tools, engaging flashcards and multiple choice questions. Each question includes hints and explanations. Ace your Texas exam!

Practice this question and more.

What is the maximum administrative penalty that the Texas Real Estate Commission may assess for each violation of the Texas Real Estate License Act?

$1,000
$5,000
$10,000
$15,000

The correct answer is: $5,000

The maximum administrative penalty that the Texas Real Estate Commission may assess for each violation of the Texas Real Estate License Act is indeed $5,000. This amount reflects the regulatory framework established to ensure compliance with real estate laws in Texas, allowing the Commission to impose significant penalties to deter violations and maintain the integrity of the real estate profession. Understanding this penalty is crucial for real estate professionals, as it underscores the importance of adhering to the guidelines set forth in the Texas Real Estate License Act to avoid financial repercussions.