The following words and terms, when used in Subchapter E, F or G of this chapter, shall have the following meanings, unless the context clearly indicates otherwise. (1) - (3)(No change.) (4)Designated broker--An individual holding an active Texas real estate broker license designated by a business entity licensed by the commission to act on its behalf. The designated broker must be an officer of a corporation, a manager of a limited liability company or a general partner of a partnership. (5)[(4)] Distance learning course--A correspondence course, alternative delivery method course or course offered through video presentation. (6)[(5)] Elective credits--The hours of mandatory continuing education required to renew a license for which a specific course is not required. (7)[(6)] Hour--Fifty minutes of actual session time. (8)[(7)] Instructor--A person approved by the Texas Real Estate Commission to teach core or mandatory continuing education courses. (9)[(8)] MCE--Mandatory Continuing Education. (10)[(9)] Proctor--A person who monitors a final examination for a course offered by a provider under the guidelines contained in this section. A proctor may be a course instructor, the provider, an employee of a college or university testing center, a librarian, or other person approved by the commission. (11)[(10)] Provider--Any person offering a course for which credit may be granted by the Commission to a licensee or applicant, regardless of whether the Commission must approve or certify the person to offer the course. (12)[(11)] Related course--A course determined to be acceptable by the commission to count towards related credit. The commission will periodically publish lists of acceptable real estate related courses. (13) [(12)] Required legal course or legal credits--The required legal update or legal ethics courses or credits earned for attending such courses. (14) [(13)] Required legal ethics course--A required course created for and approved by the Texas Real Estate Commission to satisfy three of the six legal hours of mandatory continuing education required by §1101.455 of the Act. (15) [(14)] Required legal update course--A required course created for and approved by the Texas Real Estate Commission to satisfy three of the six legal hours of mandatory continuing education required by §1101.455 of the Act. (16) [(15)] School--A person accredited by the Texas Real Estate Commission to offer courses for which core credit is given. (17) [(16)] Student--An individual taking a core or MCE course for TREC credit.
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 5, 2011
TRD-201102993 Loretta R. DeHay
General Counsel
Texas Real Estate Commission
Effective date: September 1, 2011
Expiration date: December 29, 2011
For further information, please call: (512) 936-3092
|