(a)The commission shall establish a time period for renewal of each registration, which shall end with the expiration date of the current registration. Each registrant has the responsibility to apply for renewal of a registration by making proper application as specified by this section. Applications must be made on the current renewal application form approved by the commission accompanied by an annual fee of $83 [the fee required by Section 11(a)(16) of The Real Estate License Act (the Act) ]. Failure to receive a registration renewal application form from the commission does not relieve a registrant of the obligation to obtain the appropriate form and to apply for renewal to maintain registration. If the commission develops a system whereby registrations may be renewed electronically, a registrant also may renew an unexpired registration by accessing the commission's Internet web site, entering the required information on the renewal application form and paying the appropriate fee in accordance with the instructions provided at the site by the commission. Failure to provide information requested by the commission in connection with a renewal application is grounds for disciplinary action under the Act, §9A(c)(4). A registrant who fails timely to pay a renewal fee must apply for and receive a new registration in order to act as an easement or right-of-way agent. (b)The Texas Real Estate Commission adopts by reference Renewal Application Form ERW 5-2[1], approved by the commission in 2003 [2000]. This form is published by and available from the Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188. (c)-(e)(No change.)
This agency hereby certifies that the proposal has been reviewed
by legal
counsel and found to be within the agency's legal authority to adopt.
Filed with the Office of
the Secretary of State on February 27, 2003
TRD-200301468 Loretta R. DeHay
General Counsel
Texas Real Estate Commission
Earliest possible date of adoption: April 13, 2003
For further information, please call: (512) 465-3900
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