Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 535GENERAL PROVISIONS
SUBCHAPTER EREQUIREMENTS FOR LICENSURE
RULE §535.50Definitions
ISSUE 12/07/2018
ACTION Final/Adopted
Preamble Texas Admin Code Rule
The following words and terms, when used in Subchapter E, F, or G of this chapter, shall have the following meanings, unless the context clearly indicates otherwise or a definition from that subchapter supersedes the definition.

  (1)Applicant--A person seeking a license, certificate, registration, approval or permit from the Commission.

   (2)Broker Responsibility Course--The course required by §1101.458 of the Act.

   (3)Designated broker--An individual holding an active Texas real estate broker license designated by a business entity licensed by the commission to act on its behalf. The designated broker must be an officer of a corporation, a manager of a limited liability company or a general partner of a partnership.

   (4)Hour--Fifty minutes of actual session time.

   (5)Non-elective Courses--The legal update courses required by §1101.455 of the Act and the broker responsibility course required by §1101.458 of the Act.

   (6)Related course--A course determined to be acceptable by the commission to count towards related credit. The commission will periodically publish lists of acceptable real estate related courses.

The agency certifies that legal counsel has reviewed the adoption and found it to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on November 19, 2018

TRD-201804976

Kerri Lewis

General Counsel

Texas Real Estate Commission

Effective date: December 9, 2018

Proposal publication date: August 31, 2018

For further information, please call: (512) 936-3092

 

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