What crime does the Texas Real Estate License Act establish for unlicensed persons?

The Texas Real Estate License Act specifically establishes that engaging in activities that require a real estate license without holding such a license is considered a violation of the law. This Act is designed to protect consumers by ensuring that individuals representing themselves as real estate professionals are adequately trained and legally authorized to conduct real estate transactions.

Practicing real estate without the necessary license can lead to legal repercussions, including fines or other penalties. This reflects the importance the Act places on maintaining a professional standard within the real estate industry, ensuring that those who engage in selling, leasing, or managing real estate properties are equipped with the requisite knowledge and adhere to regulatory practices.

While the other options mention various forms of misconduct or obligations, they do not pertain specifically to the requirements set forth by the Texas Real Estate License Act regarding licensure in real estate activities. Therefore, they are not applicable in identifying the crime established by this specific act.