Texas Register

TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 531CANONS OF PROFESSIONAL ETHICS AND CONDUCT
RULE §531.20Information About Brokerage Services
ISSUE 09/04/2015
ACTION Proposed
Preamble Texas Admin Code Rule

(a)The Commission adopts by reference Information about Brokerage Services Form IABS (IABS Form) 1-0. The IABS Form is published by and available from the Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188, www.trec.texas.gov.

(b)Each active real estate broker or sales agent shall provide:

  (1)a link to the IABS Form labeled "Texas Real Estate Commission Information About Brokerage Services", in at least a 10 point font, in a readily noticeable place on the homepage of the business website of the broker or sales agent; and

  (2)the IABS Form as required under 1101.558, Texas Occupations Code.

(c)For purposes of §1101.558, Texas Occupations Code, the IABS Form can be provided:

  (1)by personal delivery by the broker or sales agent;

  (2)by first class mail or overnight common carrier delivery service;

  (3)in the body of an email; or

  (4)as an attachment to an email with a specific reference to the IABS Form in the body of the email.

(d)Providing a link to the IABS Form in a footnote or signature block in an email does not satisfy the requirements of subsection (c).

(e)License holders may reproduce the IABS Form published by the Commission, provided that the text of the IABS Form is copied verbatim and the spacing, borders and placement of text on the page must appear to be identical to that in the published version of the IABS Form, except that the Broker Contact Information section may be prefilled.

The agency certifies that legal counsel has reviewed the proposal and found it to be within the state agency's legal authority to adopt.

Filed with the Office of the Secretary of State on August 20, 2015

TRD-201503252

Kerri Lewis

General Counsel

Texas Real Estate Commission

Earliest possible date of adoption: October 4, 2015

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



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