| (a) Acceptable core real estate courses are those courses
prescribed by §1101.003 of the Act and the following courses.
(1) Promulgated Contract Forms (or equivalent), which
shall include but is not limited to unauthorized practice of law,
broker-lawyer committee, current promulgated forms, commission rules
governing use of forms and case studies involving use of forms.
(2) Residential Inspection for Real Estate Agents (or
equivalent), which shall include but is not limited to repair-related
contract forms and addenda, inspector and client agreements, inspection
standards of practice and standard inspection report form, tools and
procedures, electromechanical systems (plumbing, heating, air conditioning,
appliances, energy-saving considerations) and structures (lot and
landscape, roofs, chimney, gutters, paved areas, walls, windows and
doors, insect damage and storage areas).
(b) Applicants must submit evidence of course completion,
such as transcripts or course completion certificates, unless the
provider has provided or will provide course completion documentation
to the commission. The commission may require an applicant to furnish
supporting materials such as course outlines, syllabi and course descriptions.
The commission may require official transcripts to verify course work.
Provided all the requirements of this section are satisfied, the commission
shall accept core real estate courses or real estate related courses
submitted by an applicant for a broker or salesperson license if the
course was offered by any of the following providers:
(1) a school accredited by the commission or by the
real estate regulatory agency of another state;
(2) a college or university accredited by a regional
accrediting association, such as the Commission on Colleges of the
Southern Association of Colleges and Schools, or its equivalent, or
by a recognized national or international accrediting body;
(3) a post-secondary educational institution established
by any state;
(4) the United States Armed Forces Institute or other
service-related school; or
(5) Texas professional trade association in the real
estate industry.
(c) An applicant may obtain credit for completing an
approved Principles of Real Estate core course described by this subsection
consisting of 30 hours in Principles of Real Estate I or 30 hours
in Principles of Real Estate II, or a combined 60 hour course consisting
of both Principles of Real Estate I and II.
(1) Principles of Real Estate I shall contain the following
subtopics, the units of which are outlined in the PRINS 1-0, Core
Real Estate Course Approval Form, Principles of Real Estate I adopted
by reference in §535.64(h) of this title (relating to Obtaining
Approval to Offer a Course):
(A) Introduction to Modern Real Estate Practice - 200
minutes;
(B) Real Property - 60 minutes;
(C) Concepts and Responsibilities of Home Ownership
- 95 minutes;
(D) Real Estate Brokerage and the Law of Agency - 180
minutes;
(E) Fair Housing Laws - 150 minutes;
(F) Ethics of Practice as a License Holder - 30 minutes;
(G) Texas Real Estate License Act - 180 minutes;
(H) Legal Descriptions - 100 minutes;
(I) Real Estate Contracts - 135 minutes;
(J) Interests in Real Estate - 180 minutes;
(K) How Home Ownership is Held - 70 minutes; and
(L) Listing Agreements - 120 minutes.
(2) Principles of Real Estate II shall contain the
following subtopics, the units of which are outlined in the PRINS
2-0, Core Real Estate Course Approval Form, Principles of Real Estate
II adopted by reference in §535.64(h) of this title:
(A) Real Estate Math - 200 minutes;
(B) Real Estate Appraisal - 200 minutes;
(C) Real Estate Financing Principles - 210 minutes;
(D) Control of Land Use - 115 minutes;
(E) Specializations - 50 minutes;
(F) Real Estate Investments - 110 minutes;
(G) Leases - 95 minutes;
(H) Property Management - 120 minutes;
(I) Estates, Transfers, and Titles - 200 minutes; and
(J) Closing Procedures/Closing the Real Estate Transaction
- 200 minutes.
(d) An applicant may obtain credit for completing an
approved 30 hour Law of Agency core course described by this subsection.
Law of Agency shall contain the following subtopics, the units of
which are outlined in the LOA-0, Core Real Estate Course Approval
Form, Law of Agency adopted by reference in §535.64(h) of this
title relating to Obtaining Approval to Offer a Course.
(1) Agency Concepts - 130 minutes;
(2) Basic Agency Relationships, Disclosure & Duties
to Client - 125 minutes;
(3) Duties and Disclosures to Third Parties - 125 minutes;
(4) Seller Agency - 120 minutes;
(5) Buyer Agency - 150 minutes;
(6) Representing More than one Party in a Transaction:
Intermediary Brokerage -165 minutes;
(7) Creation and Termination of Agency - 85 minutes;
(8) Clarifying Agency Relationships - 45 minutes;
(9) Employment Issues - 120 minutes;
(10) Agency, Ethics and the Law - 155 minutes;
(11) Deceptive Trade Practices & Consumer Protection
Act - 140 minutes; and
(12) Implementation and Presentation - 140 minutes.
(e) An applicant may obtain credit for completing an
approved 30 hour Law of Contracts core course described by this subsection
or an approved 30 hour Promulgated Contract Forms core course described
by this subsection or an approved combined 60 hour core course consisting
of both Law of Contracts and Promulgated Contract Forms described
by this subsection.
(1) Law of Contracts shall contain the following subtopics,
the units of which are outlined in the LOC-0, Core Real Estate Course
Approval Form, Law of Contracts adopted by reference in §535.64(h)(3)
of this title (relating to Obtaining Approval to Offer a Course).
(A) Texas Contract Law - 155 minutes;
(B) Basics of Real Estate Law - 115 minutes;
(C) Introduction to Contracts - 75 minutes;
(D) Ownership Rights and Limitations - 120 minutes;
(E) Contracts Used in Real Estate - 275 minutes;
(F) The Sales Contract - 135 minutes;
(G) Contingencies, Addenda and Amendments - 105 minutes;
(H) Financing Real Estate - 235 minutes;
(I) Conveyance of Title - 90 minutes;
(J) Transaction Process and Closing - 135 minutes;
(K) Common Contract Mistakes - 60 minutes.
(2) Promulgated Contract Forms shall contain the following
subtopics, the units of which are outlined in the PCF-0, Core Real
Estate Course Approval Form, Promulgated Contract Forms adopted by
reference in §535.64(h)(4) of this title.
(A) Contract Law Overview - 155 minutes;
(B) Laws, Rules and Regulations - 150 minutes;
(C) Parties, Properties and Financing - 155 minutes;
(D) Covenants, Commitments and Notices - 160 minutes;
(E) Closing, Possession and More - 220 minutes;
(F) The Remaining Promulgated Forms - 205 minutes;
(G) Promulgated Addenda, Notices and Other Forms -
205 minutes;
(H) Other Real Estate Matters - 115 minutes;
(I) Practice Makes Perfect - 135 minutes.
(f) The commission shall grant classroom credit for
qualifying courses as follows.
(1) 15 hours of classroom credit will be granted for
one semester hour.
(2) 10 hours of classroom credit will be granted for
one quarter hour.
(3) 10 hours of classroom credit will be granted for
one qualifying continuing education unit.
(g) A core real estate course must meet each of the
following requirements to be accepted for core credit.
(1) The course contained the content required by §1101.003
of the Act or this section.
(2) The daily course presentation did not exceed ten
hours.
(3) The course was of broader applicability than just
techniques or procedures utilized by a particular brokerage or organization.
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