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Texas Real Estate Commission
|Texas/TX Real Estate Commission, TREC as a regulatory agency was created in 1949. For this regulation, real estate brokers and salesperson, real estate inspectors, residential service companies, right-of way agents and timeshare developers are licensed and asked to maintain the active status of real estate license through continuing education. Texas Real Estate Commission' enforces four laws that are:
- The Real Estate License Act
- The Texas Timeshare Act
- The Residential Service Company Act
- Real Estate Inspectors
Texas Real Estate Licensing Services
For education and research projects, Texas Real Estate Commission, TREC is legally attached to the Real Estate Center at Texas A & M University. To check the issues related to the mortgage brokers and real estate licensees TREC works with the Texas Department of Savings and Mortgage Lending. For this two members from the TX Real Estate Commission are in the Mortgage Broker Advisory Committee. Along with these two agencies, the commission also provides administrative help to the Texas Appraiser Licensing and Certification Board. Texas Real Estate Commission also make the rules and regulations according to the Real Estate License Law for the proper functioning.
TX Real Estate Board/Commission has the Licensing Services Division that further has four Sections, which are:
- Education Section
- Licensing Section
- Communication Section
- Cashier Section
Functions of Real Estate Board in Texas
Now for the pre and post licensing education, the Education Section checks the experience, education and examination needs. Apart from the licensing requirement, this section also approves the real estate schools and continuing education providers.
Processing of the real estate application for initial as well as renewal of the license is done by the Licensing section that also keeps the record of real estate salespersons, brokers, real estate, apprentice and professional inspectors and Right-of-Way Agent. Any query of the consumer is handled by the Communication section of the Texas Real Estate Commission. All the funds and incoming mails are handled by the Cashier Section of the TX Real Estate Commission. Consumers of real estate are protected by TREC as all the Real Estate Agents follow the Rules of the Texas Real Estate Commissions and Real Estate License Act.
Continuing education also keep them well informed on the latest issues and any new change in the law. Texas Real Estate Commission, TREC also provides info to the consumer on how to buy and sell homes, how to hire real estate salesperson and brokers etc. All this information is necessary from the consumer point of view. Complainant who made the complaint can have payment from the recovery funds that are maintained by the TX Real Estate Commission.
Texas Real Estate Commission FormsIf you are going to make any kind of real estate deal then all types of contract forms are available in the official website of Texas Real Estate Commission. These include Unimproved Property Contract, One to Four Family Residential Contract form, New Home Contract, Farm and Ranch Contract, Condominium Real Estate Certificate, Amendment to Contract etc. SO these real estate contract forms can be downloaded from the website. But these should be filled in the presence of real estate agents or professional.
For further reference you can contact the Texas Real Estate Commission for which the contact details have been given by Realestatezing.com.
Texas Real Estate Commission
1101 Camino La Costa
Austin, TX 78752
Ph # 512-459-6544
Toll Free # 1-800-250-8752
TX Real Estate Commission
P.O. Box 12188