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Texas Register Preamble


The Texas Real Estate Commission (TREC) adopts amendments to 22 TAC §535.50, Definitions, §535.53, Business Entity; Designated Broker, and §535.55, Education and Sponsorship Requirements for a Sales Agent License, in Chapter 535, General Provisions, without changes to the text as published in the August 31, 2018, issue of the Texas Register (43 TexReg 5644). The adopted amendments will not be republished.

The amendments to Subchapter E are made as a result of the Commission's quadrennial rule review. The amendments delete or revise outdated or misplaced definitions and correct references to the Commission's Real Estate Recovery Trust Accounts and subchapter references.

No comments were received on the amendments as published.

The reasoned justification for the amendments is updating the rule to remove outdated definitions and to make it easier to follow and use.

The amendments are adopted under Texas Occupations Code, §1101.151, which authorizes the Texas Real Estate Commission to adopt and enforce rules necessary to administer Chapters 1101 and 1102; and to establish standards of conduct and ethics for its license holders to fulfill the purposes of Chapters 1101 and 1102 and ensure compliance with Chapters 1101 and 1102.

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



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