Articles
March Coffee with the Commission Video Now Available
Submitted by Christine Anderson on Thu, 2021-03-18 16:30Below is the video from the March 2021Ìý"Coffee with the Commission." ÐÇ¿ÕÌåÓýappÏÂÔØ chair Scott Kesner and ÐÇ¿ÕÌåÓýappÏÂÔØ ED Chelsea Buchholtz discussed the recently adopted and proposed rules and contract changes from February 2021.Ìý Join us after each Commission meeting as we review all the latest from the Commission and answer your questions.Ìý
Rule and Contract Changes From the February Meeting
Submitted by Christine Anderson on Wed, 2021-03-03 12:45During the February meeting of the Commission, several rule changes were proposed and adopted. Changes were also adopted to two forms. See the full agenda and materials on the Commission Meetings and Minutes page.
Proposed rules
Changes to the following rules were proposed:
Real Estate and Professional Inspector Application Changes Effective March 1Ìý
Submitted by Christine Anderson on Wed, 2021-02-24 16:05The new inspectorÌýqualifyingÌýeducation and experienceÌýrequirementsÌýfor real estate andÌýprofessional inspector licensesÌýbeginÌýMarch 1, 2021.ÌýApplicants who have registered forÌýqualifyingÌýcoursesÌýprior to March 1, 2021, under the previous education requirements,Ìýwill have until June 30, 2021, to completeÌýallÌýcoursework and submit certificates with a completed application under those requirements.Ìý
Updated Contract Forms Now Available
Submitted by Christine Anderson on Wed, 2021-02-24 15:46The Commission recently adopted changes to the following contract forms:
ÌýUnimproved Property Contract
Changes to Delivery of Option Fee
Submitted by Christine Anderson on Wed, 2021-02-17 15:45At the November quarterly meeting of the Commission, changes were adopted to several contract forms.
One of those changes involved how the option fee is handled and delivered in the contract. The following FAQs are intended to avoid confusion on this change.
For a review of other major changes to the forms, see the Commission’s article �Rule and Contract Updates from the November Commission Meeting.�
Temporary Allowance for New Texas Practicum Courses
Submitted by Christine Anderson on Tue, 2021-02-09 10:27New inspector pre-licensing education and experience requirements begin March 1, 2021.Ìý The new experience requirement includes a 40 hour Texas Practicum, which must consist of a minimum of five complete and in-person inspections.Ìý In light of the current COVID-19 pandemic, ÐÇ¿ÕÌåÓýappÏÂÔØ will grant a temporary allowance for on-site inspections to take place virtually, as long as the Practicum instructor conducts inspections live and on-site, and the instructor and students are able to interact with each other in real-time through both audio and video.Ìý
Contracts Course Information You Need To Know
Submitted by Christine Anderson on Fri, 2021-02-05 12:58As of February 1, 2021 sales agents and brokersÌýareÌýrequired to complete at least three hours in contract-related coursework as part of the 18 hours of continuing education (CE) requiredÌýto renew a license or activateÌýa license. Ì�
Updated Consumer Protection Notice Now RequiredÌý
Submitted by Christine Anderson on Wed, 2021-02-03 21:31The newly updatedÌýConsumer Protection NoticeÌý(CPN)Ìýrequired for use as of February 1, 2021,Ìýis availableÌýon the Texas Real Estate Commission's website.Ìý
Are you a Delegated Supervisor?
Submitted by Christine Anderson on Fri, 2021-01-22 15:56Yes, if the sponsoring broker has delegated to you in writing the responsibility to assist the broker in complying with the Real Estate License Act and Commission rules. A license holder who leads, supervises, directs, or manages a team must also be delegated as a supervisor. A delegated supervisor may be either a sales agent or broker.