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 12/12/2014
ACTION Final/Adopted
Preamble Texas Admin Code Rule
Although a license holder, 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, the Act does not prohibit a license holder from soliciting a listing from the owner while the owner's property is subject to an exclusive listing with another broker.

The agency certifies that legal counsel has reviewed the adoption and found it to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on November 24, 2014

TRD-201405659

Kerri Lewis

General Counsel

Texas Real Estate Commission

Effective date: January 1, 2015

Proposal publication date: September 5, 2014

For further information, please call: (512) 936-3092

 

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