The Texas Real Estate Commission (TREC) proposes amendments to §535.65 concerning changes in ownership or operation of school; presentation of courses. The amendment to §535.65(d) would permit accredited real estate schools to request MCE credit to be given to instructors of real estate core courses by filing a completed MCE Form 11-3, Instructor Credit Request. Currently, schools are required to request credit on school letterhead. The change would provide consistency in the credit application process as it would make the process similar to §535.72(m) which permits continuing education providers to request MCE credit to be given to MCE instructors. The amendment to §535.65(j) permits a school to provide a roster of students who take alternate delivery method or correspondence courses 10 days after the end of the month in which the course was taken.

Loretta R. DeHay, general counsel, has determined that for the first five-year period the section is in effect there will be no fiscal implications for the state as a result of enforcing or administering the sections. There are no anticipated fiscal implications for units of local government. There is no anticipated impact on small businesses, micro businesses or local or state employment as a result of implementing the sections.

Ms. DeHay also has determined that for each year of the first five years the sections as proposed are in effect the public benefit anticipated as a result of enforcing the sections will be consistency in the credit approval process. There is no anticipated economic cost to persons who are required to comply with the proposed sections.

Comments on the proposal may be submitted to Loretta R. DeHay, General Counsel, Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188.

The amendments are proposed under Texas Occupations Code, §1101.151, which authorizes the Texas Real Estate Commission to make and enforce all rules and regulations necessary for the performance of its duties and to establish standards of conduct and ethics for its licensees in keeping with the purposed and intent of the Act to insure compliance with the provisions of the Act.

The statute affected by this proposal is Texas Occupations Code, Chapter 1101. No other statute, code or article is affected by the adopted amendments.