Upon receiving his license, what must Texas sales agent Carl complete by the end of his initial two-year licensing period?

Upon receiving his license, a Texas sales agent like Carl is required to complete 98 hours in Specialization and Education (SAE) courses, which include both legal update courses and other relevant educational content. This requirement is established by the Texas Real Estate Commission to ensure that new agents are adequately equipped with the knowledge and skills necessary to practice real estate effectively.

The 98 hours include both mandatory legal update courses and additional specialized education that contributes to the agent's professional development. This structured learning helps foster a higher standard of practice within the real estate profession, ensuring that agents remain informed about current laws, ethical conduct, and other essential topics.

The other options fall short of fully addressing the specific requirements set forth by the Texas Real Estate Commission. While continuing education is a critical aspect of maintaining a real estate license, the precise hours and content specified in the correct answer are what Carl must complete to fulfill his training obligations within the initial two-year licensing period.