(a)This section is intended to establish standards
relating to permissible forms of advertising by a person licensed
as a real estate broker or sales agent [salesperson]
and functioning as a residential rental locator ("locator").
For the purposes of this section, the term "residential rental
locator" has the meaning provided by §1101.002(6) of the
Act. For the purposes of this section, the term "advertisement"
has the same meaning provided by §535.155 [§535.154(a)
] of this chapter.
(b)(No change.)
(c)Advertisements in a printed publication comply
with subsection (b) of this section if the publication in which an
advertisement appears contains this notice at the beginning of the
section in which the advertisement appears: Notice: Residential rental
locators [are required to be licensed by the Texas Real Estate
Commission (P.O. Box 12188, Austin, Texas 78711-2188, (512) 936-3000
or (512) 936-3005). Locators] may advertise apartment units
in general terms, and all units may not have the same features. The
amount of rent quoted in an advertisement may be the starting rent
for a basic unit or for a unit which does not have all advertised
features.
(d)(No change.)
(e)Advertising by locators must comply with §1101.652(b)(23)
of the Act and §535.154 and §535.155 of this
chapter.
(f)(No change.)
The agency certifies
that legal counsel has reviewed
the proposal and found it to be within the state agency's legal authority
to adopt.
Filed with the Office
of the Secretary of State on August 11, 2017
TRD-201703093 Kerri Lewis
General Counsel
Texas Real Estate Commission
Earliest possible date of adoption: September 24, 2017
For further information, please call: (512) 936-3092
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