22 Tex. Admin. Code § 537.1 - Definitions
The following terms and phrases, when used in this chapter, have the following meanings:
(1)
Commission--The Texas Real Estate Commission.
(2) Contract forms--Contracts and related
addenda, including notices, amendments, and other documents, used in the sale,
exchange, option, or lease of any interest in real property.
(3) Informational item--A statement that
completes a blank in a contract form, discloses factual information, or
provides instructions.
(4) License
holder--A real estate broker or sales agent licensed under Chapter
1101, Texas
Occupations Code.
(5) Mandatory
use--Unless an exception applies under subsection (a) of section 537.11
(relating to Use of Standard Contract Forms; Unauthorized Practice of Law), use
of the contract form is required by a license holder.
(6) Voluntary use--A license holder may, but
is not required to, use the contract form.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.