(a)A person licensed by the commission under Chapter 1102 may renew the license by timely filing the prescribed application for renewal, complying with the fingerprinting and TGSLC requirements in §535.95 of this title (relating to Miscellaneous Provisions Concerning License or Registration Applications or Renewals, Including Fingerprinting Requirements), paying the appropriate fee to the commission and satisfying applicable continuing education requirements as required by Chapter 1102, and by §535.218 of this title (relating to Continuing Education), and providing to the commission proof of financial responsibility as required by §1102.1141 of Chapter 1102 using a form approved by the commission for that purpose. [professional liability insurance, or any other insurance that provides coverage for violations of Subchapter G of Chapter 1102, with a minimum limit of $100,000 per occurrence as required by §535.211 of this title (relating to Professional Liability Insurance) and §1102.203 of Chapter 1102.] (b) - (e)(No change.) (f)A licensee who files a late application to renew a previous license less than six months after the expiration of the license must do so on a form approved by the commission for that purpose and is subject to the requirements of this section and Texas Occupations Code §1102.203. The commission shall renew the license in an active status except as provided by this section. A license issued under this subsection is effective the day following the expiration of the previous license. (g)To renew a license on active status without any lapse in active licensure, an apprentice or real estate inspector must also submit a Real Estate Apprentice and Inspector Sponsorship Form certifying sponsorship for the period from the day after the previous license expired to the day the renewal license issued, and for the period beginning on the day after the renewal license issued. The same inspector may be the sponsor for both periods. The commission shall renew the license on inactive status for the period(s) in which the apprentice or real estate inspector was not sponsored. (h)[(f)] If the license has been expired for six months or more, the licensee may not renew but must file an original application to reinstate the license and may not practice until the new license is received. If the applicant for reinstatement has held a professional inspector or real estate inspector license during the 24 months preceding the date the application is filed, no examination is required.
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 August 16, 2013
TRD-201303422 Loretta R. DeHay
General Counsel
Texas Real Estate Commission
Earliest possible date of adoption: September 29, 2013
For further information, please call: (512) 936-3092
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