On June 2, 2021,听星空体育app下载 inactivated听broker business entity licenses in error. 听Upon discovery of the error, staff worked听to resolve the issue听and听all licenses were restored by听Friday, June 4, 2021. 听For purposes of full disclosure, we wanted our license holders to know the details of what occurred and what we are doing to avoid any similar incident in the future.听
Below is the video from the March 2021听"Coffee with the Commission." 星空体育app下载 chair Scott Kesner and 星空体育app下载 ED Chelsea Buchholtz discussed the recently adopted and proposed rules and contract changes from February 2021.听 Join us after each Commission meeting as we review all the latest from the Commission and answer your questions.听
During the February meeting of the Commission, several rule changes were proposed and adopted. Changes were also adopted to two forms. See the full agenda and materials on the Commission Meetings and Minutes page.
Changes to the following rules were proposed:
The new inspector听qualifying听education and experience听requirements听for real estate and听professional inspector licenses听begin听March 1, 2021.听Applicants who have registered for听qualifying听courses听prior to March 1, 2021, under the previous education requirements,听will have until June 30, 2021, to complete听all听coursework and submit certificates with a completed application under those requirements.听
At the November quarterly meeting of the Commission, changes were adopted to several contract forms.
One of those changes involved how the option fee is handled and delivered in the contract. The following FAQs are intended to avoid confusion on this change.
For a review of other major changes to the forms, see the Commission鈥檚 article 鈥�Rule and Contract Updates from the November Commission Meeting.鈥�
New inspector pre-licensing education and experience requirements begin March 1, 2021.听 The new experience requirement includes a 40 hour Texas Practicum, which must consist of a minimum of five complete and in-person inspections.听 In light of the current COVID-19 pandemic, 星空体育app下载 will grant a temporary allowance for on-site inspections to take place virtually, as long as the Practicum instructor conducts inspections live and on-site, and the instructor and students are able to interact with each other in real-time through both audio and video.听
As of February 1, 2021 sales agents and brokers听are听required to complete at least three hours in contract-related coursework as part of the 18 hours of continuing education (CE) required听to renew a license or activate听a license.鈥�
The newly updated听Consumer Protection Notice听(CPN)听required for use as of February 1, 2021,听is available听on the Texas Real Estate Commission's website.听
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