The Texas Real Estate Commission (TREC) proposes an amendment to §535.62, concerning acceptable courses of study for real estate license applicants.

Section 535.62 establishes the guidelines for the acceptance of courses required for a person to obtain or renew a real estate license. The section permits an applicant to submit correspondence courses offered by an accredited college or university if a final written examination is a requirement for receiving credit from the provider, and the course otherwise complies with the guidelines. The proposed amendment would require the examination to be administered no sooner than three days after the student enrolls for the correspondence course, so as to provide adequate time for the student to master the course material and prepare for the examination.

Mark A. Moseley, 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 or for units of local government as a result of enforcing or administering the section. There is no anticipated impact on small businesses, micro businesses or local or state employment as a result of implementing the section.

Mr. Moseley also has determined that for each year of the first five years the section as proposed is in effect the public benefit anticipated as a result of enforcing the section will be greater mastery of course material by potential licensees. 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 Mark A. Moseley, General Counsel, Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188.

The amendment is proposed under Texas Civil Statutes, Article 6573a, §5(h), which authorize the Texas Real Estate Commission to make and enforce all rules and regulations necessary for the performance of its duties.

The statute which is affected by this proposal is Texas Civil Statutes, Article 6573a.