22 Tex. Admin. Code § 535.131 - Unlawful Conduct; Splitting Fees

(a) A broker licensed in Texas may cooperate with a foreign broker and share earned commissions with a foreign broker.

(b) Only Texas license holders may handle negotiations physically conducted within Texas.

(c) A resident of a foreign country or territory that does not require a person to be licensed to act as a real estate broker is considered to be licensed as a foreign broker for the purposes of §1101.651 of the Act, if the person practices as a real estate broker in compliance with the law of the foreign country or territory.

Notes

22 Tex. Admin. Code § 535.131

The provisions of this §535.131 adopted to be effective January 1, 1976; amended to be effective March 11, 1981, 6 TexReg 725; amended to be effective May 27, 1998, 23 TexReg 5437; amended to be effective October 1, 2000, 25 TexReg 8645; amended to be effective August 31, 2004, 29 TexReg 8296; amended to be effective January 1, 2011, 35 TexReg 11690; amended by Texas Register, Volume 39, Number 50, December 12, 2014, TexReg 9691, eff. 1/1/2015