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Historical Rule for the Texas Administrative Code

TITLE 22EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 535PROVISIONS OF THE REAL ESTATE LICENSE ACT
SUBCHAPTER NSUSPENSION AND REVOCATION OF LICENSURE
RULE §535.153Violating an Exclusive Agency

Although a licensee, including one acting as agent for a prospective buyer or prospective tenant, may not attempt to negotiate a sale, exchange, lease, or rental of property under exclusive listing with another broker, the Real Estate License Act, (Act), §15(a)(6)(N), does not prohibit a licensee from soliciting a listing from the owner while the owner's property is subject to an exclusive listing with another broker.


Source Note: The provisions of this §535.153 adopted to be effective January 1, 1976; amended to be effective June 22, 1990, 15 TexReg 3336.

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