Did you know you are required to notify TREC within 30 days if you have been convicted of a crime even if you are already licensed?
The Texas Real Estate License Act states that if you have entered a plea of guilty or nolo contendere or have been convicted of a felony or any criminal offense that involves fraud (including misdemeanors), you must disclose this to the Commission not later than the 30th day after the final conviction or the entry of a plea of guilty or nolo contendere.
This means that if you wait until your renewal to notify the Commission of your felony, you could be subject to a minimum penalty of $1,000 and a maximum of $5,000 per failure to report in addition to any disciplinary action related to the crime.
If you do have an unreported felony, or an unreported criminal offense involving fraud, report it to the Commission as soon as possible. You may report this information to S by email at firstname.lastname@example.org, or by mail, fax, or hand-delivery.