Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 535GENERAL PROVISIONS
SUBCHAPTER TEASEMENT OR RIGHT-OF-WAY AGENTS
RULE §535.401Required Notices
ISSUE 09/04/2015
ACTION Proposed
Preamble Texas Admin Code Rule
(a) (No change.)

 (b)Each registrant shall, before a party in a transaction other than the party the registrant represents is obligated to sell, buy, lease, or transfer a right-of-way or easement, provide to the party a copy of form ERW 4-1 completed by the registrant.

 (c)[(b)] Each registrant shall provide the consumer notice adopted under §531.18 of this title by: [display form CIC 1-1, Consumer Information Notice]

  (1)displaying it in a readily noticeable [prominent] location in each place of business the registrant maintains; and

   (2)providing a link to it labeled "Texas Real Estate Commission Consumer Notice", in at least a 10 point font, in a readily noticeable place on the homepage of the business website of the registrant.

 [(c)Each registrant shall, before a party in a transaction other than the party the registrant represents is obligated to sell, buy, lease, or transfer a right-of-way or easement, provide to the party a copy of form ERW 4-1 completed by the registrant.]

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-201503269

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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