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 12/24/2010
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, §1101.652(b)(22) of the Act 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 December 6, 2010

TRD-201006918

Loretta R. DeHay

General Counsel

Texas Real Estate Commission

Effective date: January 1, 2011

Proposal publication date: September 10, 2010

For further information, please call: (512) 465-3926

 

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