(a)This section is intended to establish standards relating to permissible forms of advertising by a person licensed as a real estate broker or salesperson and functioning as a residential rental locator ("locator"). For the purposes of this section, the term "residential rental locator" shall have the meaning provided by Texas Occupations Code, Chapter 1101 [ Civil Statutes, Article 6573a] (the Act), §1101.002(6) [ §24]. For the purposes of this section, the term "advertisement" includes, but is not limited to advertising in printed form, signs, or advertising using radio, television or personal computers. (b) - (d)(No change.) (e)Advertising by locators must also comply with the provisions of the Act, §1101.652(b)(23) [§15(a)(6)(P),] and §535.154 of this title (relating to Misleading Advertising). (f)Failure to comply with this section is grounds for the commission to reprimand a licensee, to suspend or revoke a license, or to impose an administrative penalty in accordance with the Act, §1101.757 [§19].
This agency hereby
certifies that the proposal has been reviewed
by legal counsel and found to be within the agency's legal authority to adopt.
Filed with the Office of
the Secretary of State on June 9, 2004
TRD-200403799 Loretta DeHay
General Counsel
Texas Real Estate Commission
Earliest possible date of adoption: July 25, 2004
For further information, please call: (512) 465-3900
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