At
its June 7, 2004 meeting, TREC proposed rules that will significantly change
Mandatory Continuing Education (MCE) requirements for real estate brokers and
salespersons to renew a license on active status. If adopted the rules will
change the process by which MCE courses and instructors are approved and will
require all real estate licensees to attend a three hour legal update and a
three hour legal ethics course to fulfill the six legal hours of MCE to renew
all active licenses under the Real Estate License Act.
The following summarizes
the most significant changes to the MCE rules that were proposed at the June
7, 2004 meeting:
Comments on the proposed rules may be submitted to Loretta R. DeHay, General Counsel, Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188 or general.counsel@trec.state.tx.us
The Texas Real Estate Commission held its regularly scheduled meeting at the TREC headquarters in Austin, Texas on Monday, June 7, 2004.
Chairman John Walton presided.
Staff reports were presented. Assistant
Administrator Sabrina Hassumani reported that the number of original applications
continued to increase.
Robert R. Carter, Jr., Deputy Commissioner
of the Title Division of the Texas Department of Insurance, spoke concerning
a procedural Rule which became effective on April 1, 2004. This rule, P-53,
prohibits rebates and discounts from title companies to real estate licensees.
After executive session, one recovery
fund claim was approved for payment in the amount of $50,000.
The Commission proposed amendments
to thirty-five rules. Final action could be taken on these
amendments at the August 9, 2004 meeting of the Commission.
The Commission voted to request an
amendment to the Attorney General's opinion request approved at the April 2004
meeting.
The Commission approved the final
draft of the agency's Strategic Plan. The plan will be submitted by July 2,
2004.
Tadys Dabsys, Vice President, PSI Examination Services, spoke concerning the
review of the extension of the contract for examination services with PSI Examination
Services. The Commission approved the extension of the contract.
The next meetings of the Commission
will be August 9, 2004, October 18, 2004 and December 6, 2004.
At its meeting on June 7, 2004, the Texas Real Estate Commission (TREC) authorized Administrator Wayne Thorburn to modify TREC’s request for an opinion from the Office of the Attorney General (OAG) regarding TREC’s statutory authority to establish minimum service standards for a real estate broker who enters into an exclusive agency relationship to represent a party to a real estate transaction.
The modified opinion request, RQ-0224-GA,
strikes the phrase “when such services are appropriate in the transaction”
from the first paragraph of the first question. The remaining questions and
background information were not changed.
|
Check out the TREC web site for the most up to date information..... RULES CONTRACTS APPLICATION FORMS |
Rules
PROPOSED at the June 7, 2004 Meeting of the Texas Real Estate Commission
| §535.2 |
Broker's Responsibility |
Establishes a written disclosure for real estate licensee to provide to a client when the client instructs the agent not to negotiate a transaction on behalf of the client. |
| §535.51 |
Requirements for Licensure |
Will adopt by reference a revised application for a real estate broker corporation. The application fee will increase by $3 to pay a subscription fee to the TexasOnline Authority as required under Government Code Chapter 2054, Subchapter I, section 2054.252. |
| §§535.71-.73 |
Mandatory Continuing Education |
Will require licensees to take a 3 hour legal update course and a 3 hour legal ethics course created for and approved by TREC to satisfy the 6 legal hours of mandatory continuing education required by the License Act. The proposed rules also adopt by reference thirteen new or revised MCE application forms that are consistent with the proposed rules. |
| §§535.71-.73 |
Mandatory Continuing Education |
Will repeal current MCE requirements. |
| §§535.91., .92, and .94 |
Licenses |
Changes cites to the relevant statutory provision in Chapter 1101, Texas Occupations Code. See comments for §§535.71-.73. |
| §535.101 |
Fees |
Changes cites to the relevant statutory provision in Chapter 1101, Texas Occupations Code. |
| §§535.122.-.123 |
Termination of Salesperson's
Association with Sponsoring Broker |
Changes cites to the relevant statutory provision in Chapter 1101, Texas Occupations Code. |
|
Nonresidents |
Changes cites to the relevant statutory provision in Chapter 1101, Texas Occupations Code. | |
| §535.171 |
Suspension and Revocation of
Licensure |
Requires party appealing final decision of TREC in contested
case to pay the costs of preparing the original or certified copy of a record
for the contested case proceedings. |
| §§535.206, .208, .213-.216, .220, .224, .227 |
Real Estate Inspectors |
Changes cites to the relevant statutory provision in Chapter 1101, Texas Occupations Code. |
| §535.300 |
Residential Rental Locators |
Changes cites to the relevant statutory provision in Chapter 1101, Texas Occupations Code. |
| §§535.400, .402, .403 |
Easement or Right-of-Way Agents |
Changes cites to the relevant statutory provision in Chapter 1101, Texas Occupations Code. |
| §§537.11, .46 |
Professional Agreements and
Standard Contract Forms |
Revises Standard Contract Form TREC No. 39-5, Amendment. |
Other questions and answers may be found on TREC's web site at
http://www.trec.state.tx.us/questions/faq-enf.asp
Q. May offers and counter offers be presented over the telephone or
should the actual, written proposed contract be presented to the seller's agent?
A. The laws and rules that govern Texas licensees do not specify
the means of presenting a contract. They only require that all offers be presented.
It is a matter of agreement between the licensee and the seller as to how and
when offers will be submitted. The licensee and the seller should keep in mind
that in Texas the Statute of Frauds, among other things, requires most all real
estate transactions to be in writing and signed by both parties in order to
be binding.
Q. May a real estate broker or salesperson perform real estate appraisals
in Texas?
A. Yes, real estate licensees in Texas may perform appraisals subject
to certain restrictions and disclosure requirements found in the Rules
of the Texas Real Estate Commission in §535.17, and state and federal
laws that require state certification, which may be found at www.talcb.state.tx.us.
Please keep in mind that if you are a licensed salesperson, you may only perform
appraisals through and in the name of your sponsoring broker.
Q. I have seen internet ads
in which real estate agents are offering $50 to $150 cash payments to anybody
who sends them business. I thought this was illegal, is it?
A. If the person who sends business to the agent does not have a Texas
real estate license, the agent who placed the ad is in violation of the Texas
Real Estate License Act by offering to pay or paying a commission, finder's
fee, etc. to an unlicensed person. The most the agent could give to someone
sending him business is a GIFT valued at $50 or less. Cash may NOT be given.
If the person referring business to the internet agent is a real estate licensee,
the agent may share any amount of his commission with that licensee. Additionally,
the unlicensed person who receives cash from the agent is also in violation
of the Act and could be the subject of an investigation and legal action by
the Commission by being required to pay a penalty. Also unlicensed real estate
activity is a violation of Texas criminal law as well and is classified as a
Class A misdemeanor.
Q. I work for a hotel resort
that is going to begin to rent/lease on-site homes and condominiums to overnight
guests, as well as renting for short-term stays. Do I or anyone in our organization
need a real estate license to do this?
A. No, as long as you only rent or lease short-term which generally
requires the payment of hotel taxes and other hotel or motel fees. An employee
of the property owner is exempt from TREC regulation when leasing or renting
the owner's property.
Q. May a licensed escrow officer
also hold a real estate license?
A. Yes, nothing in our statutes or rules would prohibit you from holding
both licenses. However, you should check with the licensing authority, Texas
Department of Insurance at www.tdi.state.tx.us
to find out what restrictions, if any, they may have on such an arrangement.
Q. I live in a neighborhood
that has a homeowners' association. The number of homes that have been foreclosed
on is fairly high. The association board seems to be out of control. What state
agency has control over these boards?
A. Thus far the Texas legislature has not given the Texas Real Estate
Commission or any other state agency the authority to regulate property or homeowner
associations. Your only recourse is to consult a private attorney about your
options as a homeowner.
Q. I am a real estate broker.
I would like to purchase errors and omissions insurance. Whom should I contact?
A. The Texas Real Estate License Act does not require real estate licensees
to obtain errors and omissions insurance, nor does the Commission regulate this
type of insurance. You may wish to contact the Texas Department of Insurance
at www.tdi.state.tx.us as a source
for names of companies who sell errors and omissions insurance in Texas
Q. I am a real estate licensee.
I also am commissioned as a notary public. I would like to use the fact that
I am a notary public in marketing to my clients. May I do so? If so, am I allowed
to put the notary public logo on my business cards? May I charge for notary
services?
A. The Texas Real Estate License Act does not prohibit an advertisement
used for real estate services from including other types of services as long
as the advertisement is not misleading to the public. A business card is considered
a form of advertisement. Since your notary commission is given through the Texas
Secretary of State, you should contact them at www.sos.state.tx.us
to find out if there are any laws or rules prohibiting the use of the official
state notary logo in advertisements of any kind. The Secretary of State can
also give you information about fees that you are or are not allowed to charge.
TREC does not regulate the fee charged for real estate brokerage services.
Q. Must a newspaper ad include
my office telephone number, or may I put my cell phone number only?
A. Nothing in the Real Estate License Act or the Commission's Rules
requires that the office telephone number be included in a licensee's advertisements.
It would be advisable for you to check with your sponsoring broker or company
broker for company policies on this issue.
Q. Who is responsible for
licensing and regulating residential service companies, also known as home warranty
companies?
A. The Texas Real Estate Commission is responsible for the regulation
of residential service companies under the Texas Residential
Service Company Act. You may direct questions or complaints to TREC regarding
any of these companies.
Q. Do residential service
companies have a maximum allowable response time to address a service request?
A. Yes, the Act states that service must be initiated within 48 hours
under normal circumstances. This means that the company is required to dispatch
a call to a contractor or technician in your area, and the contractor or technician
should be in contact with you within 48 hours from the time of your call for
service. In the majority of cases, we expect the contractor or technician to
be at your home within 48 hours to diagnose the problem.
Q. May I pay a finder's fee
to someone to drive around and look for vacant houses for me to purchase and
renovate?
A. You may only pay a finder's fee, which would be the same as a commission,
to a person who is a licensed real estate broker or salesperson. Under the ,
a license is required for a person to procure or assist in procuring, for a
fee or other consideration (commission), property for a prospective purchaser
of real estate. Anyone performing these services without a license may be charged
with and convicted of a criminal offense as well as being assessed an administrative
fine for unlicensed activity.
Q. Is there a law or rule
that would prevent real estate agents from referring a client to a specific
inspector?
A. Nothing in the Real Estate License Act or the Commission's Rules
specifically addresses this question, and a real estate broker or salesperson
is not prohibited from referring a principal (client) to a particular inspector.
If a referral is made and the agent anticipates receipt of a fee for the referral,
the licensee is required to disclose to the licensee's client that the licensee
intends to receive the referral fee from the inspector and further that the
licensee get the consent of the client. The same holds true for the inspector
disclosing the payment of the fee to the agent. The inspector must disclose
the payment to the client and obtain the consent of the client.
Consumer Complaints
John
Horton and Associates
(Austin); license #463059
Agreed reprimand of broker license, entered April 14, 2004; negligent supervision
of a sponsored salesperson, in violation of §1101.652(b)(1) of the Texas
Occupations Code
Horton,
John E.
(Austin); license #312788
Agreed reprimand of broker license, entered April 14, 2004; supervision of
a sponsored salesperson while acting as the designated officer of a corporate
broker, in violation of §1101.652(b)(1) of the Texas Occupations Code.
Vigliotti,
Carrie Lynn
(Killeen); license #478802
Agreed 3-month suspension of salesperson license, fully probated for 6 months,
effective April 15, 2004; agreed administrative penalty of $500, entered April
15, 2004; drafting a legal document in a real estate transaction, in violation
of 22 TAC §537.11(d) of the Rules of the Texas Real Estate Commission
Blair
A C
(Garland); license #232070
Agreed reprimand of broker license, entered April 19, 2004; negligent supervision
of an associated salesperson/broker, when the associate salesperson/broker
engaged in a property management business and failed to properly account for
monies belonging to others and commingled owner's funds in violation of §15(a)(6)(W)
of The Texas Real Estate License Act [§1101.652(b)(1) of the Texas Occupations
Code, effective June 1, 2003]; negligent conduct by associating with and paying
fees to a corporation that conducted real estate brokerage activities and
at that time the corporation did not first hold a real estate broker license
for a corporation in violation of §15(a)(6)(W) of The Real Estate License
Act [§1101.652(b)(1) of the Texas Occupations Code, effective June 1,
2003].
Roberts,
Shirley Thomas
(Wylie); license #368990
Agreed 3month suspension of salesperson license fully probated for 6 months,
effective May 3, 2004; Agreed administrative penalty of $700, entered April
28, 2004; failing to disclose to a purchaser the existence of a drainage problem
on real property in violation of §15(a)(6)(A), of The Real Estate License
Act, Art. 6573A, Texas Civil Statutes [§1101.652(b)(3), Texas Occupations
Code, effective June 1, 2003]; failing to make clear to all parties to a transaction
which party she was acting for, in violation of §15(a)(6)(D) of The Real
Estate License Act, Art. 6573a, Texas Civil Statutes [1101.652(b)(7), Texas
Occupations Code, effective June 1, 2003]; conduct which constitutes untrustworthiness,
in violation of §15(a)(6)(V) of The Real Estate License Act, Art. 6573a,
Texas Civil Statutes [1101.652(b)(2), Texas Occupations Code, effective June
1, 2003]; acting negligently or incompetently in performing an act for which
a person is required to hold a real estate license, in violation of §15(a)(6)(W)
of The Real Estate License Act, Art. 6573a, Texas Civil Statutes, [§1101.652(b)(1),
Texas Occupations Code, effective June 1, 2003]; failing to provide a written
statement describing brokerage services to a party to a real estate transaction
at the first face-to-face meeting with that party, in violation of §15C(d)
of The Real Estate License Act, Art. 6573a, Texas Civil Statutes [§1101.558(c)
and (d), Texas Occupations Code, effective June 1, 2003]; failing to obtain
written consent for intermediary brokerage, in violation of §15C(h)(1)
and (2) of The Real Estate License Act, Art. 6573a, Texas Civil Statutes,
[§1101.559(a)(1), Texas Occupations Code, effective June 1, 2003]; failing
to utilize a current Amendment to Contract form, in violation of 22 TAC §537.11(b)
Wells,
Mary Adelynn
(Houston); license #452459
Agreed 60-day suspension of salesperson license fully probated for 1 year,
effective May 10, 2004; Agreed administrative penalty of $500, entered May
10, 2004; making a material misrepresentation or failing to disclose to a
potential purchaser any latent structural defects or other defects known to
the broker or salesperson, in violation of Sections 1101.652(b)(3) and 1101.652(b)(4)
of the Texas Occupations Code, and acting negligently or incompetently in
performing an act for which a person is required to hold a real estate license,
in violation of Section 1101.652(b)(1) of the Texas Occupations Code
Star
of Texas Realty, Inc.
(Austin); license #450840
Agreed administrative penalty of $250 against broker license, entered May
13, 2004; negligent supervision of a sponsored salesperson, whose license
expired several weeks after entering the sponsorship of the broker, in violation
of §15(a)(6)(W) of the Real Estate License Act [§1101.652(b)(1)
of the Texas Occupations Code, effective June 1, 2003]; allowing an unlicensed
person to perform brokerage activity while associated with the broker’s
firm, in violation of §15(a)(6)(S) of the Real Estate License Act [§1101.652(b)(26)
of the Texas Occupations Code, effective June 1, 2003]; and paying a commission
or fees to an unlicensed person for compensation for services as a real estate
agent, in violation of §15(a)(6)(F) of the Real Estate License Act [§1101.652(b)(11)
of the Texas Occupations Code, effective June 2003]
Bujan,
Charles Bruce
(Austin); license #365436
Agreed administrative penalty of $250 against broker license, entered May
13, 2004 ; a designated officer’s negligent supervision of a salesperson
sponsored by the corporate broker, in violation of §15(a)(6)(W) of the
Real Estate License Act [§1101.652(b)(1) of the Texas Occupations Code,
effective June 1, 2003]; while acting as the designated officer of a corporate
broker, allowing an unlicensed person to perform brokerage activity while
associated with the brokerage firm, in violation of §15(a)(6)(S) of the
Real Estate License Act [§1101.652(b)(26) of the Texas Occupations Code,
effective June 1, 2003]; and, while acting as the designated officer of a
corporate broker, allowing the brokerage firm to pay a commission or fees
to an unlicensed person for compensation for services as a real estate agent,
in violation of §15(a)(6)(F) of the Real Estate License Act [§1101.652(b)(11)
of the Texas Occupations Code, effective June 1, 2003]
Maddox, Tina D.
(Houston); license #498495
Agreed reprimand of salesperson license, entered May 17, 2004; Agreed administrative
penalty of $750, entered May 17, 2004; offering real property for sale on
terms other than those authorized by the owner, in violation of Sections 1101.652(b)(20)
and 1101.652(b)(1) of the Texas Occupations Code; failing to provide to a
client written offer letters as promised, thereby acting negligently or incompetently
in performing an act for which a person is required to hold a real estate
license, in violation of Section 1101.652(b)(1) of the Texas Occupations Code
Munera,
Jaime
(Killeen); license #429831
Agreed revocation of salesperson license, effective May 21, 2004; alleged
failure to properly account for and remit money and commingling money that
belonged to another person, in violation of §15(a) of the Real Estate
License Act [§1101.652 of the Texas Occupations Code, effective June
1, 2003]
CLegg,
Portia Lavone
(Converse); license #465926
Agreed 2month suspension of salesperson license fully probated for 6 months,
effective May 15, 2004; Agreed administrative penalty of $100, entered May
7, 2004; publishing or causing to publish an advertisement which is misleading
by failing to identify herself as a real estate salesperson, in violation
of §1101.652(b)(23) of the Texas Occupations Code; failure to disclose
that a rebate to a consumer would be subject to the consent of the party whom
she represented in a transaction, in violation of 22 TAC §535.154(k).
Keller,
Brenda Jones
(Long Branch); license #402881
Revocation of salesperson license; effective April 2, 2004 failing within
a reasonable time to provide information to the Commission in response to
Commission's request for same in connection with an application for renewal
of real estate salesperson license, in violation of 22 TAC §535.91(a)
of the Rules of the Texas Real Estate Commission
Mendez,
Carlos Sanchez
(Plano); license #493784
Revocation of salesperson license, effective April 2, 2004; failing within
a reasonable time to provide information to the Commission in response to
Commission's request for same in connection with an application for renewal
of real estate salesperson license, in violation of 22 TAC §535.91(a)
of the Rules of the Texas Real Estate Commission
Hogan,
Carisa Dawn
(Mesquite); license #465403
Agreed reprimand of salesperson license, entered April 5, 2004; Agreed administrative
penalty of $250, entered April 5, 2004; failing to complete mandatory continuing
education hours and pay the $200 fee within the 60-day period provided by
22 TAC §535.92(f) of the Rules of the Texas Real Estate Commission
Hatcher,
Theresa Helen
(Austin); license #471861
Agreed reprimand of salesperson license, entered April 7, 2004; Agreed administrative
penalty of $250, entered April 7, 2004; failing to pay the $200 fee within
the 60-day period provided by 22 TAC §535.92(f) of the Rules of the Texas
Real Estate Commission
Minchen,
Steven Lloyd
(Houston); license #330754
Reprimand of broker license, entered April 8, 2004; failing to complete mandatory
continuing education hours and pay the $200 fee within the 60-day period provided
by 22 TAC §535.92(f) of the Rules of the Texas Real Estate Commission
Wallace,
Alice Rebecca
(Sugar Land); license #236011
Revocation of salesperson license, effective April 8, 2004; failing within a reasonable time to provide information to the Commission in response to Commission's request for same in connection with an application for renewal of real estate salesperson license, in violation of 22 TAC §535.91(a) of the Rules of the Texas Real Estate Commission
Taber,
Michael Lee
(South Houston); license #248640
Revocation of salesperson license, effective April 8, 2004; failing within
a reasonable time to provide information to the Commission in response to
Commission's request for same in connection with an application for renewal
of real estate salesperson license, in violation of 22 TAC §535.91(a)
of the Rules of the Texas Real Estate Commission
Gant,
Craig Alan
(Dallas); license #464125
Revocation of salesperson license, effective April 8, 2004; failing to complete
mandatory continuing education hours and pay the $200 fee within the 60-day
period provided by 22 TAC §535.92(f) of the Rules of the Texas Real Estate
Commission
Ejereonyeoku,
Best Onyeukwu
(Houston); license #456118
Reprimand of salesperson license, entered April 9, 2004; failing to complete
mandatory continuing education hours and pay the $200 fee within the 60-day
period provided by 22 TAC §535.92(f) of the Rules of the Texas Real Estate
Commission
Romero,
Shelley
(Lake Jackson); license #471404
Agreed reprimand of salesperson license, entered April 27, 2004; Agreed administrative
penalty of $250, entered April 27, 2004; failing to complete mandatory continuing
education hours and pay the $200 fee within the 60-day period provided by
22 TAC §535.92(f) of the Rules of the Texas Real Estate Commission
Dickerson,
Dusti Dale
(Centerville); license #471098
Revocation of salesperson license, effective April 30, 2004; failing to complete
mandatory continuing education hours and pay the $200 fee within the 60-day
period provided by 22 TAC §535.92(f) of the Rules of the Texas Real Estate
Commission
Fabian,
Nettie Clair
(Westlake Village); license #474460
Revocation of broker license, effective April 30, 2004; failing within a reasonable
time to provide information to the Commission in response to Commission's
request for same in connection with an application for renewal of real estate
salesperson license, in violation of 22 TAC §535.91(a) of the Rules of
the Texas Real Estate Commission
Betancourt,
Alfredo Valentin
(El Paso); license #472237
Revocation of salesperson license, effective April 30, 2004; failing within
a reasonable time to provide information to the Commission in response to
Commission's request for same in connection with an application for renewal
of real estate salesperson license, in violation of 22 TAC §535.91(a)
of the Rules of the Texas Real Estate Commission
Rivenbark,
Teresa Ann
(Dickinson); license #445349
Agreed reprimand of salesperson license, entered May 6, 2004; Agreed administrative
penalty of $250, entered May 6, 2004; failing to complete mandatory continuing
education hours and pay the $200 fee within the 60-day period provided by
22 TAC §535.92(f) of the Rules of the Texas Real Estate Commission
Langdon,
John Oliver, Jr.
(Dallas); license #471932
Agreed reprimand of salesperson license, entered May 6, 2004; Agreed administrative
penalty of $250, entered May 6, 2004; failing to complete mandatory continuing
education hours and pay the $200 fee within the 60-day period provided 22
TAC §535.92(f) of the Rules of the Texas Real Estate Commission
Long,
Anthony Wayne
(Dallas); license #419915
Agreed reprimand of salesperson license, entered May 12, 2004; Agreed administrative
penalty of $250, entered May 12, 2004; failing to complete mandatory continuing
education hours and pay the $200 fee within the 60-day period provided by
22 TAC §535.92(f) of the Rules of the Texas Real Estate Commission
Kennemer,
Malvern Hughes
(Garland); license #272938
Revocation of salesperson license, effective May 13, 2004; failing to complete
mandatory continuing education hours and pay the $200 fee within the 60-day
period provided by 22 TAC §535.92(f) of the Rules of the Texas Real Estate
Commission
Herron,
Evelyn T.
(San Antonio); license #474953
Revocation of salesperson license, effective May 14, 2004; failing within
a reasonable time to provide information to the Commission in response to
Commission's request for same in connection with an application for renewal
of real estate salesperson license, in violation of §535.91(a) of the
Rules of the Texas Real estate Commission
Parker,
Steven Glen
(Fort Worth); license #496784
Revocation of salesperson license, effective May 14, 2004; failing within
a reasonable time to provide information to the Commission in response to
Commission's request for same in connection with an application for renewal
of real estate salesperson license, in violation of §535.91(a) of the
Rules of the Texas Real Estate Commission
Proctor,
William Charles
(Bowie); license #370026
Agreed reprimand of broker license, entered May 17, 2004; Agreed administrative
penalty of $250, entered May 17, 2004; failing to complete mandatory continuing
education hours and pay the $200 fee within the 60-day period provided by
22 TAC §535.92(f) of the Rules of the Texas Real Estate Commission
Calvano,
Matthew Anthony
(Arlington); license #457332
Agreed reprimand of salesperson license, entered May 18, 2004; Agreed administrative
penalty of $500, entered May 18, 2004; failing to complete mandatory continuing
education hours and pay the $200 fee within the 60-day period provided by
22 TAC §535.92(f) of the Rules of the Texas Real Estate Commission
Salinas,
Sandra
(Bruni); license #452335
Agreed reprimand of salesperson license, entered May 25, 2004; Agreed administrative
penalty of $250, entered May 25, 2004; failing to complete mandatory continuing
education hours and pay the $200 fee within the 60-day period provided by
22 TAC §535.92(f) of the Rules of the Texas Real Estate Commission
|
Real Estate Broker Applications can
now be completed and paid online. Eligible salespersons who have met the experience and education requirements are encouraged to use this new TexasOnline Broker Application |
DON’T FORGET: You must still renew your license even if you choose to be inactive.
Got A Question About A Relocation Company?
Through a link maintained on the TREC web site, licensees may directly access
The Real Estate Coalition for Cooperative Business Practices (the Coalition)
of the
Employee Relocation Council
by clicking on “The Interchange” on the Coalition’s website
at
http://coalition.erc.org
Licensees may raise concerns about their dealings with a
relocation company and send a message to the appropriate company for response.
Calendar of Events
Commission
Meetings: August 9, 2004, October 18, 2004 and December 6, 2004
Broker-Lawyer
Committee Meetings: August 5, 2004
Inspector Committee Meetings: July 15 and 16, 2004
Web site: http://www.trec.state.tx.us
Phone: (800) 250-TREC (8732) or (512) 459-6544
Official publication of the
Texas Real Estate Commission
Volume 15, Number 3
July 2004
Rick Perry
Governor
Commission Members:
| John
Walton, Chairman |
Louise E. Hull,
Vice-Chair VICTORIA |
James N. Austin, Jr.,
Secretary FORT WORTH |
Mary Frances Burleson AUBREY |
Ramon "Mick" Cantu HOUSTON |
William H. Flores SUGAR LAND |
Lawrence D. Jokl BROWNSVILLE |
Paul H. Jordan GEORGETOWN |
Elizabeth Leal EL PASO |
TREC Administrator
Wayne Thorburn
Desktop Publisher
Patricia Holder
The TRECAdvisor (ISSN 1047-4579) is published by the Texas Real Estate Commission (TREC) as an educational service to licensees in the state of Texas. The purpose of the newsletter is to promote a better understanding of the Real Estate License Act and to inform all licensees of changes affecting laws and practices in the real estate industry. The TRECAdvisor is funded through legislative appropriations and subscriptions collected from TREC licensees. The official text of TREC rules is filed with the Office of the Secretary of State, Texas Register. TREC encourages reproduction of this newsletter with the appropriate acknowledgments. Subscriptions are available for $4.00 for two years. Single issues are $1.00. To order a subscription or a single issue write to TRECAdvisor, Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188. For information regarding TREC, contact:
Texas Real Estate Commission
P.O. Box 12188
Austin, Texas 78711-2188
(512) 459-6544 or (800) 250-TREC
http://www.trec.state.tx.us