(a)Education requirements for an initial sales agent
license. An applicant for an initial sales agent license must provide
the Commission with satisfactory evidence of completion of 180 hours
of qualifying real estate courses as required under the Act as follows:
(1)60 hours of Principles of Real Estate;
(2)30 hours of Law of Agency;
(3)30 hours of Law of Contracts;
(4)30 hours of Promulgated Contracts Forms; and
(5)30 hours of Real Estate Finance.
(b)Additional education requirements. A sales agent
must successfully complete an additional 90 classroom hours
in qualifying courses, including the 30 hour qualifying real
estate brokerage course, by the expiration date of the sales
agent's initial licensing period [and report those hours]
in accordance with the requirements of §535.91 of this chapter
(relating to Renewal of a Real Estate License) [title].
[(c)The Commission may waive the
education required for a real estate sales agent license if the applicant:]
[(1)was licensed either as a Texas real estate broker
or as a Texas real estate sales agent within two years before the
filing of the application; and]
[(2)completed any qualifying real estate courses or
real estate related courses that would have been required for a timely
renewal of the prior license, or, if the renewal of the prior license
was not subject to the completion of qualifying real estate courses
or real estate related courses, completed at least the number of hours
of continuing education courses required by §535.92(a) of this
title within the two-year period before filing an application for
an active license.]
(c)[(d)] The Commission will
issue an applicant an inactive sales agent license upon satisfaction
of subsection (a) of this section and subsection (c) of §535.57
of this subchapter (relating to Examinations). An inactive sales
agent may not practice as a licensed sales agent until sponsored by
an active Texas licensed broker.
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 February 15, 2023
TRD-202300735 Vanessa E. Burgess
General Counsel
Texas Real Estate Commission
Earliest possible date of adoption: April 2, 2023
For further information, please call: (512) 936-3284
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