trec buyers rep agreement

trec does not require a pre-inspection or employment contract to be signed by the parties to the inspection. an advertisement cannot in any way imply that a sales agent is the person responsible for the operation of a real estate brokerage. failure to repay a loan constitutes a breach of your private agreement with the license holder and is not a violation of trela or the rules. if it does, trec will ask you to provide a copy of the order of expungment or non-disclosure and upon receipt will not consider that offense in determining a person’s fitness for licensure. a real estate license is not required for an individual employed by a property owner for the purpose of buying or selling real property on behalf of the owner. yes, but if you offer, recommend, or promote the use of a service provider and expect to receive compensation from the service provider when a party uses the service, the ad must disclose that you may receive the compensation. however, a license holder may rebate all or a portion of the fee or commission to the party being represented in the transaction, or, with consent of the party being represented, the license holder can also pay all or a portion to a party the license holder does not represent in the transaction. [rule 535.147(d)] it is not a violation of trela or the rules for a license holder to rebate a portion of their compensation to a party in the transaction. it is not a violation of trela or the rules for a license holder to rebate a portion of the license holder’s commission to a party to a real estate transaction. yes, but a locator will be required to first obtain the consent of the apartment complex if the locator does not represent the tenant. in addition, an applicant may not have to take the national portion of the licensing examination if the applicant maintains a license equivalent to the license being applied for and has already passed a comparable national examination that is accredited by a nationally recognized real estate regulatory association such as arello. a name used in advertising by an associated broker that is not the associated broker’s licensed name must be registered as a team name by the broker he or she is associated with and meet all the requirements for a team name. they are only required to conduct a visual inspection of the property, and buried gas lines are not required to be inspected. the lack of a damper clamp is required to be reported as a deficiency when a gas appliance or artificial gas logs (but not merely a log lighter pipe) is present. if installed and if visible, the installation described in your question is required to be reported as a deficiency. a broker is not required to directly supervise sponsored sales agents; this responsibility may be delegated to another person with the required level of experience and expertise to provide proper supervision under the law. rule 531.20(d) states that providing a link to the iabs form in a footnote or signature block of an email is insufficient. only an active licensed sales agent sponsored by a licensed business entity may make a referral on behalf of the brokerage, and any referral fee must be paid to the sponsoring broker. you may want to call one of the tenant assistance associations for help or contact a private attorney.