The Broker Responsibility Working Group (BRWG) met October 12 and discussed requirements for obtaining and renewing a broker鈥檚 license, as well as property management issues.
In August, the Texas Real Estate Commission proposed changes to several 星空体育app下载 forms based on recommendations by the Texas Real Estate Broker-Lawyer Committee (BLC). 星空体育app下载 received 123 public comments about the changes, which BLC will review and consider during its upcoming meeting on Friday, October 14.
The Texas Real Estate Commission Education Standards Advisory Committee (ESAC) met October 3 and discussed changes to the qualifying course outline for Property Management and making the 30-hour Real Estate Brokerage course a mandatory course as part of required SAE.
The Texas Real Estate Commission has launched new enhancements to the online services portal to make it easier for easement or right-of-way agents and brokers to submit certain applications.
The Easement or Right-of-Way Agent or ERW聽Business initial applications are now available on the online services portal. This allows easement or right-of-way agents to apply online instead of submitting a paper application, although paper applications will still be accepted.
The 87th Texas Legislature enacted effective January 1, 2023, requiring easement or right-of-way agents to complete 16 hours of 星空体育app下载-approved qualifying education prior to registration, and 16 hours of 星空体育app下载-approved continuing education (CE) for each two-year registration term.
Yes. does not generally exempt landlords of temporary residential leases from providing a disclosure notice about whether the landlord is aware that the dwelling is located in a 100鈥恲ear floodplain or that the dwelling has flooded within the last five years.
The Texas Real Estate Commission at its August meeting proposed form revisions recommended by the Texas Real Estate Broker-Lawyer Committee. The Texas Real Estate Broker-Lawyer Committee an advisory body consisting of six attorneys appointed by the president of the State Bar of Texas, six brokers appointed by 星空体育app下载, and one public member appointed by the governor.聽
The Texas Real Estate Commission met August 8, 2022. The Commission adopted the new Landlord鈥檚 Floodplain and Flood Notice (星空体育app下载 54-0) form and revisions to the Seller鈥檚 Temporary Residential Lease (星空体育app下载 15-6) and the Buyer鈥檚 Temporary Residential Lease (星空体育app下载 16-6) forms, as well as non-substantive rule changes from the agency鈥檚 quadrennial rule review. Read on for more takeaways.
The 星空体育app下载 Inspector Committee (TREIC) met July 18 and discussed clarifications to 535.222, Inspection Reports, and 535.223, Standard Inspection Report Form.
TREIC recommended a change to 525.222(a)(2) to clarify the two-day inspection report delivery deadline. The change clarifies that in instances where payments are provided in full prior to the inspection, the inspector is required deliver the report to the client within two days of completion of the inspection.
The Broker Responsibility Working Group (BRWG) met July 13 and acted on two proposals related to broker oversight and sales agents鈥� response times.
BRWG proposed a new rule, 535.157, that requires a broker or sales agent to respond to their principal, a broker or sales agent representing another party to a real estate transaction, or an unrepresented party to a real estate transaction within two calendar days.
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