What is the law on representation disclosure in Texas?
Apr 14, 2021 · Search Texas Statutes. (a) Acts 2015, 84th Leg., ch. 1158 (S.B. 699), § 92. (b) A license holder who represents a party in a proposed real estate transaction shall disclose, orally or in writing, that representation at the time of the license holder's first contact with: (2) another license holder who represents another party to the transaction.
What is the Texas OCC code for occupation?
Texas Occupations Code 2026.003 – Financial Disclosure. Current as of: ... Each transaction that involves an acquisition or a transfer of a pecuniary interest in the racetrack association must receive prior approval from the commission.
What are the laws for real estate license holders in Texas?
Apr 14, 2021 · The disclosure shall be in at least 12-point type and must address matters of concern relating to costs and obligations that may be associated with home ownership, matters to be considered in making financing decisions, related costs that may arise when purchasing a manufactured home, and such other matters as the board may deem appropriate to promote …
Can an attorney be a broker in Texas?
Sep 28, 2016 · Texas Occupations Code § 1101.558 Representation Disclosure. Sec. 1101.558. REPRESENTATION DISCLOSURE. (a) Repealed by Acts 2015, 84th Leg., R.S., Ch. 1158 , Sec. 92, eff. January 1, 2016. (1) Expired. (2) Expired. (b) A license holder who represents a party in a proposed real estate transaction shall disclose, orally or in writing, that ...
What are the rules and laws for real estate in Texas?
Rules and Laws. Our license holders are governed by the Texas Real Estate License Act, the Inspector Act, the Residential Service Company Act, and the Timeshare Act. These Acts establish the makeup of the Commission and its advisory committees and outline procedures by which a person can become real estate license holders in Texas.
What is TREC in law?
The Acts also describe TREC’s jurisdiction over license holders and registrants . TREC has the authority to adopt administrative rules to provide specificity to provisions of the Acts. TREC may also adopt rules to establish policy regarding certain practices. Both the Acts and TREC rules are a great resource for helping consumers know ...
What does "goods" mean in the US?
DEFINITIONS. As used in this subchapter: (1) "Goods" means tangible chattels or real property purchased or leased for use. (2) "Services" means work, labor, or service purchased or leased for use, including services furnished in connection with the sale or repair of goods.
What is a bakery basket?
(a) In this section: (1) "Bakery basket or tray" means a wire or plastic container that holds bread or other baked goods and is used by a distributor or retailer or an agent of a distributor or retailer to transport, store, or carry bakery products.
What does "kosher food" mean?
In this chapter: (1) "Kosher food" means food prepared and served in conformity with orthodox Jewish religious requirements. (2) "Label" means a display of written, printed, or graphic matter on the immediate article or container of any food product. (3) "Person" includes an individual, corporation, or association.
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