SECTION 535.50. Definitions  


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  • 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.

Source Note: 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 to be effective December 9, 2018, 43 TexReg 7898; amended to be effective June 11, 2023, 48 TexReg 2948