The amendments to §531.20 and the form adopted by reference (the Information About Brokerage Services (IABS) notice) are made as a result of the recent industry changes surrounding broker compensation to clarify to the consumer that any brokerage fees are not set by law and are negotiable.
Las enmiendas a §531.20 y el formulario adoptado por referencia (el aviso de Información sobre Servicios de Corretaje (IABS)) se realizan como resultado de los cambios recientes en la industria en torno a la compensación de los corredores para aclarar al consumidor que los honorarios de corretaje no están establecidos por ley y son negociables.
Rule Number:
22 TAC §531.20
Emergency Adopted:
NO
Link to SoS:
https://texas-sos.appianportalsgov.com/rules-and-meetings?interface=VIEW_TEXAS_REGISTER_SUMMARY&recordId=447998
Rule Name:
Information About Brokerage Services
Proposed Date:
Monday, November 4, 2024
Adopted Date:
Monday, February 10, 2025
Effective Date:
Tuesday, April 1, 2025
Attachment:
Sort Field:
22 TAC §531.020
Agency Division:
Rule Withdrawn:
1
Customer Survey
Rules and Laws
Contract Forms