The newly updated Consumer Protection Notice (CPN) required for use as of February 1, 2021, is available on the Texas Real Estate Commission's website. 

During the November quarterly meeting of the Commission, several rule changes were proposed and form changes were adopted. See the full agenda and materials on the Commission Meetings and Minutes page.

Yes, but only if the business entity is licensed by TREC. A business entity owned by a broker or a sales agent that receives compensation on behalf of a license holder must hold a business entity broker’s license. If a business entity receives such compensation and does not hold a license, the business entity is engaging in unlicensed activity and the Commission can take action against the entity.