Real Estate Law

1. The National Association of REALTORS Code of Ethics sets an even higher standard of performance for member brokers and agents. 2. The Association of Real Estate License Law Officials (ARELLO) is an international association of real estate regulators that promotes consistent policies and standards for license law and enforcement of license law. 3. Texas Real Estate Commission (TREC) is charged with administering and enforcing license laws as well as passing regulations that further refine or clarify state statues. It is responsible for administering The Real Estate License Act (TRELA). TREC has the power to create and enforce new rules to help interpret or define TRELA, but cannot amend the law.