Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 535PROVISIONS OF THE REAL ESTATE LICENSE ACT
SUBCHAPTER NSUSPENSION AND REVOCATION OF LICENSURE
RULE §535.148Receiving an Undisclosed Commission or Rebate
ISSUE 05/26/2000
ACTION Proposed
Preamble Texas Admin Code Rule
A licensee may not receive a commission, rebate, or fee in a transaction from a person other than the person the licensee represents without first disclosing to all parties to the transaction that the licensee intends to receive the commission, rebate or fee, and obtaining the consent of all parties.

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 May 12, 2000

TRD-200003342

Mark A. Moseley

General Counsel

Texas Real Estate Commission

Earliest possible date of adoption: June 25, 2000

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

 

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