Texas Register
TITLE 22 EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 535GENERAL PROVISIONS
SUBCHAPTER NSUSPENSION AND REVOCATION OF LICENSURE
RULE §535.148Receiving an Undisclosed Commission or Rebate
ISSUE 09/04/2015
ACTION Proposed
Preamble Texas Admin Code Rule
(a) - (d)(No change.)

 (e)A license holder must use TREC Form RSC-2 [ RSC-1], Disclosure of Relationship with Residential Service Company, to disclose to a party to a real estate transaction in which the license holder represents one or both of the parties any payments received for services provided for or on behalf of a residential service company licensed under Texas Occupations Code Chapter 1303.

(f)The Texas Real Estate Commission adopts by reference TREC Form No. RSC-2 [RSC-1], Disclosure of Relationship with Residential Service Company, approved by the Commission for use by licensees to disclose payments received from a residential [ resident] service company. This document is published by and available from the Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188, www.trec.texas.gov.

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-201503264

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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