(a)The Commission adopts by reference the Information
About Brokerage Services Notice, TREC No. IABS 1-1 [1-0]
(IABS Notice). The IABS Notice 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 license holder shall provide:
(1)a link to a completed IABS Notice in a readily
noticeable place on the homepage of each business website, labeled:
(A)"Texas Real Estate Commission Information About
Brokerage Services", in at least 10 point font; or
(B)"TREC Information About Brokerage Services", in
at least 12 point font; and
(2)the completed IABS Notice at the first substantive
communication as required under §1101.558, Texas Occupations
Code.
(c)For purposes of §1101.558, Texas Occupations
Code, the completed IABS Notice can be provided:
(1)by personal delivery by the license holder;
(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 Notice
in the body of the email.
(d)The link to a completed IABS Notice may not be
in a footnote or signature block in an email.
(e)For purposes of this section, business website
means a website on the internet that:
(1)is accessible to the public;
(2)contains information about a license holder's real
estate brokerage services; and
(3)the content of the website is controlled by the
license holder.
(f)For purposes of providing the link required under
subsection (b)(1) on a social media platform, the link may be located
on:
(1)the account holder profile; or
(2)a separate page or website through a direct link
from the social media platform or account holder profile.
(g)License holders may reproduce the IABS Notice published
by the Commission, provided that the text of the IABS Notice 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 Notice, except that the Broker Contact Information section may
be prefilled.
The agency certifies that legal counsel has reviewed
the proposal and found it to be within the state agency's legal authority
to adopt.
Filed with the Office
of the Secretary of State on November 7, 2024
TRD-202405374 Abby Lee
Deputy General Counsel
Texas Real Estate Commission
Earliest possible date of adoption: December 22, 2024
For further information, please call: (512) 936-3057
|