22 Tex. Admin. Code § 535.50 - Definitions

The following words and terms, when used in Subchapter E, F, or G of this chapter, shall have the following meanings, unless the context clearly indicates otherwise or a definition from that subchapter supersedes the definition.

(1) Applicant--A person seeking a license, certificate, registration, approval, or permit from the Commission.

(2) Broker Responsibility Course--The course required by §1101.458 of the Act.

(3) Designated broker--An individual holding an active Texas real estate broker license designated by a business entity licensed by the Commission to act on its behalf. The designated broker must be an officer of a corporation, a manager of a limited liability company, or a general partner of a partnership.

(4) Hour--Fifty minutes of actual session time.

(5) Non-elective Courses--The legal update courses required by §1101.455 of the Act and the broker responsibility course required by §1101.458 of the Act.

(6) Related course--A course determined to be acceptable by the Commission to count towards related credit. The Commission will periodically publish lists of acceptable real estate related courses.

Notes

22 Tex. Admin. Code § 535.50

The provisions of this §535.50 adopted to be effective January 1, 2011, 35 TexReg 11677; amended to be effective November 1, 2011, 36 TexReg 7327; Amended by Texas Register, Volume 43, Number 49, December 7, 2018, TexReg 7898, eff. 12/9/2018; Amended by Texas Register, Volume 48, Number 23, June 9, 2023, TexReg 2949, eff. 6/11/2023