Practice Quiz

Texas Real Estate Exam

Category - Texas

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After six lots have been sold in a subdivision, the Real Estate Commissioner is informed of misrepresentation in the sales program. The Commissioner could halt the sale of more lots by:
  1. Voiding the public report
  2. Attaching the unsold lots
  3. Issuing a Desist and Refrain order
  4. Filing an accusation in court
Explanation
Answer: C. The best course of action available to the Commissioner would be a Desist and Refrain order. Such action would immediately halt all future sales for marketing of the property.
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Additional Answers

Ted Chan, MBA says:

Desist means to stop or abstain.

Ted Chan, MBA says:

Desist means to stop or abstain.

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