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Exam term

Designated broker

The licensed broker who qualifies a business entity for its brokerage license and is responsible for it. For recovery account limits, the entity and its designated broker count as one license holder.

Lessons that use this term

  • Texas penalties: unlicensed activity, disciplinary actions, and the Real Estate Recovery Trust Account Texas
  • Texas activities requiring a license, exemptions, business entities, inspectors, and appraisers Texas

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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