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Historical Rule for the Texas Administrative Code

TITLE 22EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 531CANONS OF PROFESSIONAL ETHICS AND CONDUCT
RULE §531.20Information About Brokerage Services

(a) The Commission adopts by reference Information About Brokerage Services Form, TREC No. IABS 1-0 (IABS Form). The IABS Form is published by and available from the Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188, www.trec.texas.gov.

(b) Each active real estate broker and sales agent shall provide:

  (1) a link to the IABS Form labeled "Texas Real Estate Commission Information About Brokerage Services", in at least a 10 point font, in a readily noticeable place on the homepage of the business website of the broker and sales agent; and

  (2) the IABS Form as required under §1101.558, Texas Occupations Code.

(c) For purposes of §1101.558, Texas Occupations Code, the IABS Form can be provided:

  (1) by personal delivery by the broker or sales agent;

  (2) by first class mail or overnight common carrier delivery service;

  (3) in the body of an email; or

  (4) as an attachment to an email, or a link within the body of an email, with a specific reference to the IABS Form in the body of the email.

(d) Providing a link to the IABS Form in a footnote or signature block in an email does not satisfy the requirements of subsection (c).

(e) License holders may reproduce the IABS Form published by the Commission, provided that the text of the IABS Form is copied verbatim and the spacing, borders and placement of text on the page must appear to be identical to that in the published version of the IABS Form, except that the Broker Contact Information section may be prefilled.


Source Note: The provisions of this §531.20 adopted to be effective February 1, 2016, 40 TexReg 8218

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