(a)Required continuing education. 18 hours of continuing
education are required for each renewal of a real estate sales agent
or broker license and must include:
(1)a four hour Legal Update I: Laws, Rules and Forms
course;
(2)a four hour Legal Update II: Agency, Ethics and
Hot Topics course; [and]
(3)three hours on the subject of
real estate contracts from one or more Commission approved courses;
and
(4)[(3)] a six hour broker responsibility
course, if the license holder:
(A)sponsors one or more sales agent at any time during
the current license period;
(B)is a designated broker of a business entity that
sponsors one or more sales agent at any time during the designated
broker's current license period; or
(C)is a delegated supervisor under §535.2(e)
of this title [of one or more license holders for a period
of six months or more during the supervisor's current license period].
(b) - (e) (No change.)
(f)Continuing education credit for courses required
for a professional designation. A course taken by a license holder
to obtain any of the following professional designations, or any other
real estate related professional designation course deemed worthy
by the Commission, may be approved on an individual basis for continuing
education elective credit if the license holder files for credit for
the course using Individual Elective Credit Request for Professional
Designation Course and provides the Commission with a copy of the
course completion certificate.
(1)ABR--Accredited Buyer Representative
(2)ACoM--Accredited Commercial Manager [CRE--Counselor
in Real Estate]
(3)ARM--Accredited Residential Manager [CPM--Certified
Property Manager]
(4)CCIM--Certified Commercial-Investment Member
(5)CPM--Certified Property Manager
(6)[(5)] CRB--Certified Residential
Broker
(7)CRE--Counselor in Real Estate
(8)[(6)] CRS--Certified Residential
Specialist
(9)[(7)] GRI--Graduate, Realtor
Institute
(10)MPM--Master Property Manager
[(8)IREM--Institute of Real Estate
Management]
(11)[(9)] SIOR--Society of Industrial
and Office Realtors
(12)SRS--Seller Representative Specialist
(g) - (i)(No change.)
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 February 13, 2020
TRD-202000604 Chelsea Buchholtz
Executive Director
Texas Real Estate Commission
Earliest possible date of adoption: March 29, 2020
For further information, please call: (512) 936-3284
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