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TITLE 22EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 531CANONS OF PROFESSIONAL ETHICS AND CONDUCT
RULE §531.3Competency
Repealed Date:05/25/2022
Historical Texas Register

It is the obligation of a license holder to be knowledgeable and competent as a real estate brokerage practitioner. The license holder must:

  (1) be informed on local market issues and conditions affecting real estate in the geographic area where a license holder provides services to a client;

   (2) be informed on national, state, and local issues and developments in the real estate industry;

  (3) exercise judgment and skill in the performance of brokerage activities; and

   (4) be educated in the characteristics involved in the specific type of real estate being brokered for others.
Source Note: The provisions of this §531.3 adopted to be effective January 1, 1976; amended to be effective February 23, 1998, 23 TexReg 1568; amended to be effective September 2, 2019, 44 TexReg 4735

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