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.
The Education Standards Advisory Committee (ESAC) met July 7 and discussed pre-licensing course credit and the qualifying course outline for real estate brokerage and property management.
The committee discussed whether to further consider recommending a time limit for accepting and awarding pre-licensing course credit. Any update would require a rule change. Staff will gather data on this issue and present to the committee for discussion at the next committee meeting in October.
It is now easier to find whether a license holder has a disciplinary history with the Texas Real Estate Commission. The newly launched Disciplinary Actions button at the top of each license holder鈥檚 page will take you to their specific Disciplinary Actions page if a disciplinary history exists.
Previously only indirect methods鈥攕uch as searching the Disciplinary Actions section of trec.texas.gov鈥攚ere available. These remain available along with the new button.
In recent months, I鈥檝e had the privilege of presenting alongside Texas Real Estate Commission Executive Director Chelsea Buchholtz to license holders around Texas, many who are REALTORS庐.
As some of you may know, I served as chairman of the Texas Association of REALTORS庐 in 2015 and have chaired more than a dozen other committees and task forces of the organization on local, state, and national levels.
The 87th Texas Legislature requiring the Texas Real Estate Commission to collect management certificates and amended management certificates from property owners鈥� associations鈥攁lso known as homeowners associations (HOAs)鈥攁nd make the certificates publicly available online.
"How do we raise the bar of professionalism?"
"We need more broker responsibility."
"I work with people on the other side of a contract who don鈥檛 know what they are doing. They don鈥檛 even know the name of their broker!"聽
The Texas Real Estate Inspector Committee (TREIC) met April 18 and talked about hot topic issues, including how inspectors must handle single-item inspections, clarifications to 535.222, Inspection Reports, and expired licenses. Read on for more takeaways.
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