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A Closer Look at the 2019 Legislative Session

The 2019 Legislative Session concluded on May 27. With over 7,000 bills filed by legislators, this session was a busy one.  While the Agency’s primary focus this session was on our Sunset legislation, we did keep our eye on the progress of several bills that could have impacted the Agency in one way or another.

Below is a list the bills that passed and a brief summary of their impact the regulatory authority of the Agency. In case you missed it, we hosted a Facebook LIVE discussing these bills and more. Check out the video below: 

Branch Office License Update

As a result of changes recommended by TREC and implemented by the Agency’s sunset bill, a separate license certificate displaying the address for each branch office maintained by a broker or brokerage will no longer be required as of September 1, 2019,

Do You Have a Question for Enforcement? Here's a Few Tips for How We Can Help

The Enforcement Division of the Texas Real Estate Commission protects consumers by enforcing the laws and rules that regulate real estate brokers and sales agents, real estate inspectors, and timeshare plans. The Enforcement Division also oversees the Fitness Determination request process and reviews applications to determine if prospective license holders meet the Commission's standards for honesty, integrity, and trustworthiness.

Using "Realty" In Team Names

At the Commission Meeting on Monday, August 13, 2018, the Commission adopted changes to the advertising rules (§535.155) allowing Broker team names to include the term "realty," so long as the other requirements for team names are met. For example, a team name must still end with the word “team” or “group.” A team name of “John Doe Realty Group” is allowed, but a team name of “John Doe Realty” is not.

Name Management Tool

TREC is pleased to announce our new Name Management Tool!

TREC has launched our new Name Management Tool to allow broker license holders to easily manage all of their business names online and remain in compliance with the updated advertising rules.