What happens if a license holder is convicted of a crime?
If a license holder is convicted of a felony or a criminal offense involving fraud it is a violation of section 1101.652(a)(1) of the License Act.This section gives the Commission authority to suspend or revoke a license holder that has entered a plea of guilty or nolo contendere or has been convicted of a felony or any criminal offense that involves fraud (including misdemeanors).The Commission does not have the authority to revoke or suspend a license holder that has been only charged or accused of committing a felony or criminal offense that involves fraud.A license holder is required to notify the Commission not later than the 30th day after the final conviction or the entry of a plea of guilty or nolo contendere. Failing to timely notify may result in more severe or further disciplinary action.All license holders’ criminal backgrounds are rechecked upon renewal, however, this does not excuse a license holder from notifying the Commission not later than the 30th day after the final conviction.
How You Can Help TREC Raise the Bar in Texas Real Estate
Greetings from Austin. We are just on the other side of another Commission meeting and participation in Texas REALTORS Winter Meeting. I love that these two events occur at the same time in Austin so that attendees of the Winter Meeting can also attend the Commission meeting (and receive CE credit).
The Texas Real Estate Commission met February 14, 2022. In addition to hearing updates from TREC staff, the Commission elected Jan Fite Miller as vice chair and Jason Hartgraves as secretary. Read on for information on adopted and proposed rule changes.
Updated Texas Real Estate Inspector Standards of Practice Effective February 1
Real estate inspectors licensed in Texas are required to follow the Standards of Practice (SOPs). These SOPs define the minimum requirements for a real estate inspection performed for a prospective buyer or seller of one to four family dwelling. Changes to the SOPs were adopted at the August TREC Commission Meeting and are effective February 1, 2022.
Broker Responsibility Working Group Talks Property Management, Broker Oversight of New Agents
The Broker Responsibility Working Group met January 12, 2022, to discuss property management practices, public comments, and broker oversight in new agent transactions. Here is a recap of the group’s discussion.
Contribute to Important Research on Wholesaling in Texas
The Texas Real Estate Commission (TREC) is conducting a study on wholesaling and seeking input from consumers, wholesalers, and license holders. Wholesaling is a model where a person enters into a contract to buy real estate and then sells their contractual interest in the property to a third party prior to closing.
From The Executive Director - Inspectors - April 2018
It’s been a busy start of the year for the Commission. I traveled around the state in March as part of our Agency’s biennial strategic planning listening tour. This allowed me to receive input first hand from license holders across the state about issues that impact them directly. Tony Slagle, the agency’s inspector staff liaison visited a local chapter of an inspector trade association to discuss concerns and answer their questions. This is something staff is committed to doing more often.
The Commission held its regular quarterly business meeting on Monday February 12th during the Texas Association of REALTORS Winter meeting in Austin, and we offered real estate continuing education (CE) hours for attendance, so we had a number of extra license holders join us that day. The Commissioners re-elected Commissioner Arriaga as Vice-Chair and Commissioner TJ Turner as Secretary for the next 12 months.
From the Chair - Inspector Committee - February 2018
The Inspector Committee met in Austin on January 22nd to discuss a packed agenda. Several inspectors made the trip to Austin for this meeting. I would like to thank everyone who took time out of their busy schedules to attend and I appreciate your important input.
As the next Commission meeting on Monday February 12th rapidly approaches, there are several issues that loom large and we need to emphasize. First, this is our year for both strategic planning and rule review, so we will be discussing opportunities to remove any identified barriers or red tape that hinders or
From The Executive Director - Inspectors - January 2018
It was a busy year for the Inspector Committee on the education front. The major accomplishment for the committee was completing the much-needed revision on the SOP Legal and Ethics continuing education coursework, which became mandatory as of September 1 of last year.
Happy New Year! It’s January and 2018 promises to be filled with important activity. Even numbered years are always a time when the agency must update our 5-Year Strategic Plan and so that means we will have some significant opportunities for additional targeted input from our license holders and the public on general topics and specific areas of current interest. Look for a list of topics and a schedule of Listening Tour events to be published in February.
The Commission met on November 13th for its regular quarterly meeting and it was one of the most productive – and lengthy – that we have had for many years. Despite its length, we recognized recent accomplishments and achieved some major milestones that we have been working on for over two years. We began by ratifying a very generous set of accommodations implemented in response to the unprecedented impact of Hurricane Harvey. Up to six full months of deadline extensions are ava
From the Chair - Inspector Committee - December 2017
The Inspector Committee met in Austin on October 9th and for the first time, the meeting was available to be viewed online in real time. This allowed license holders and members of the public to view the meeting live. This was an initial test run to see if streaming the meeting will be practical. No decision has yet been made about future streaming as TREC staff is continuing to explore options.