Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 535GENERAL PROVISIONS
SUBCHAPTER RREAL ESTATE INSPECTORS
RULE §535.211Professional Liability Insurance
ISSUE 08/24/2007
ACTION Emergency
Preamble Texas Admin Code Rule
(a)When an applicant for a license issued under Chapter 1102 has met all other licensing requirements, the commission shall notify the applicant that the applicant must provide proof of professional liability insurance before the license will be issued.

(b)An inspector must maintain professional liability insurance coverage during the period the license is active.

(c)The applicant must provide proof of insurance on Certificate of Insurance form REI 8-0 signed by the applicant's insurance agent.

(d)An inspector must notify the commission within 10 days of the cancellation or non-renewal of professional liability insurance coverage.

(e)An inspector must retain sufficient records of professional liability insurance coverage to document to the commission continuous coverage for the preceding two year license period.

This agency hereby certifies that the emergency adoption 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 August 13, 2007

TRD-200703576

Loretta DeHay

Interim Administrator and General Counsel

Texas Real Estate Commission

Effective Date: September 1, 2007

Expiration Date: December 29, 2007

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

 

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