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2021 Legislative Session Overview

Memorial Day was the last day of the Regular 87th Legislative session. While there were several bills filed this session relating to the agency and its license holders, not all of those bills made it through the process.  The following is a summary of bills that passed both houses of the Legislature and have a direct effect on license holders. The agency is currently working on implementing the provisions of these bills. 

Proposed and Adopted Rules from the May 2021 Commission Meeting

During the May Commission meeting, rules relating to the Inspector Standards of Practice (SOP) were proposed. These proposed revisions are the product of many meetings of the Inspector SOP subcommittee and the work of the entire Texas Real Estate Inspector Committee. The Commission also adopted a rule which helps streamline the process for petitioning the Commission for the adoption of rules. See the full agenda and materials on the 

Changes to Delivery of Option Fee

At 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.”

Are you a Delegated Supervisor?

Yes, 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.

UPDATE: Planning and Introductory Tour POSTPONED

Due to the extraordinary events related to the COVID - 19 outbreak TREC has decided to postpone all dates on the upcoming introductory and planning tour. We will, to the best of our ability, reschedule all planned dates. If you have further questions about TREC's response to the COVID - 19 outbreak please be sure to refer to our FAQs.