Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 22. EXAMINING BOARDS |
PART 23. TEXAS REAL ESTATE COMMISSION |
CHAPTER 535. GENERAL PROVISIONS |
SUBCHAPTER T. EASEMENT OR RIGHT-OF-WAY AGENTS |
SECTION 535.405. Employee of Owner or Purchaser
Latest version.
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(a) An easement or right-of-way registration is not required for an individual employed by an owner or purchaser for the purpose of selling, buying, leasing or transferring an easement or right-of-way for the owner. A person is considered to be an owner if it holds an interest in or wishes to acquire an easement or right-of-way or has an equitable title or right acquired by contract with the record title holder. (b) An easement or right-of-way agent employed by an owner or purchaser means a person employed and directly compensated by an owner or purchaser. An independent contractor is not an employee. (c) Withholding income taxes and Federal Insurance Contributions Act (F.I.C.A.) taxes from wages paid to another person is considered evidence of employment. (d) An employee of a business easement or right-of-way certificate holder is required to have an individual easement or right-of-way registration to sell, buy, lease, or transfer an easement or right-of-way. Source Note: The provisions of this §535.405 adopted to be effective April 1, 2012, 37 TexReg 1909; amended to be effective January 1, 2015, 39 TexReg 9669; amended to be effective June 11, 2023, 48 TexReg 2948