Texas Register

TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 531CANONS OF PROFESSIONAL ETHICS AND CONDUCT
RULE §531.3Competency
ISSUE 08/30/2019
ACTION Final/Adopted
Preamble Texas Admin Code Rule

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.

The agency certifies that legal counsel has reviewed the adoption and found it to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on August 13, 2019

TRD-201902630

Chelsea Buchholtz

General Counsel

Texas Real Estate Commission

Effective date: September 2, 2019

Proposal publication date: May 24, 2019

For further information, please call: (512) 936-3177



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