Texas Register

TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 535GENERAL PROVISIONS
SUBCHAPTER NSUSPENSION AND REVOCATION OF LICENSURE
RULE §535.153Violating an Exclusive Agency
ISSUE 08/27/2004
ACTION Final/Adopted
Preamble Texas Admin Code Rule

Although a licensee, including one acting as agent for a prospective buyer or prospective tenant, may not attempt to negotiate a sale, exchange, lease, or rental of property under exclusive listing with another broker, Texas Occupations Code, §1101.652(b)(22) does not prohibit a licensee from soliciting a listing from the owner while the owner's property is subject to an exclusive listing with another broker.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on August 11, 2004

TRD-200405127

Loretta DeHay

General Counsel

Texas Real Estate Commission

Effective date: August 31, 2004

Proposal publication date: June 25, 2004

For further information, please call: (512) 465-3900



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