Real estate brokers in Texas can be sued under which act for unconscionable acts, misrepresentation, or failure to disclose?

Prepare for the Texas SAE Marketing Exam with interactive quizzes. Enhance your knowledge with flashcards, multiple choice questions, hints, and explanations. Gear up for success!

The Texas Deceptive Trade Practices Act (DTPA) is the correct choice because it specifically addresses issues related to misleading advertising and deceptive business practices, including unconscionable acts and misrepresentation. Under the DTPA, consumers have the right to seek remedies if they have been harmed by false, misleading, or deceptive acts, which can include a real estate broker's failure to provide necessary disclosures about a property.

The act provides broad protection for consumers in various industries, including real estate. Brokers can face legal action if they engage in practices considered unconscionable or deceptive, which aligns with the issues highlighted in the question. The DTPA empowers consumers with necessary recourse and encourages fair dealing in the market.

In contrast, the other acts mentioned do not specifically address the same scope of responsibilities for real estate brokers in relation to consumer deception and transparency. The Texas Real Estate Licensing Act (TRELA) primarily governs licensing and operational practices of real estate agents rather than consumer protection issues. The Texas Fair Housing Act focuses on discrimination in housing rather than deceptive practices, while the Texas Business and Commerce Code does not specifically target the practices of real estate brokers in the same way as the DTPA does.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy