(a) - (c)(No change.) (d)A broker shall provide to the commission, within 30 days of delegation, the name of each license holder who is anticipated to be or has been a delegated supervisor of one or more license holders pursuant to §535.2 of this chapter (relating to Broker Responsibility) for six months or more during the course of the current license, or the termination of such delegation by: (1)initiating the appropriate transaction, if available, through the TREC online license management system, including payment of any required fees; or (2)submitting a notice on a form approved by the commission for this purpose, if any. (e)Licensees who are otherwise required to take the broker responsibility course who have completed all MCE requirements prior to July 1, 2012 may, but are not required to take the course for the first renewal of their license after September 1, 2012. (f)[(d)] The commission shall mail a license renewal notice three months before the expiration of the current license. Failure to receive a license renewal notice does not relieve a licensee of the obligation to renew a license. (g)[(e)] A licensee shall provide information requested by the commission in connection with an application to renew a license within 30 days after the commission requests the information. Failure to provide information requested by the commission in connection with a renewal application within the required time is grounds for disciplinary action under §1101.656 of the Act. (h)[(f)] If a licensee is unable to renew a license on the commission's Internet website, the licensee may renew an unexpired license by obtaining a renewal application form from the Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188 and complying with the commission's requirements.
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 14, 2012
TRD-201202403 Loretta R. DeHay
General Counsel
Texas Real Estate Commission
Earliest possible date of adoption: July 1, 2012
For further information, please call: (512) 936-3092
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