POWERS AND DUTIES
Known as the The Real Estate License Act
The act spans §§ 1101–1101 (164 sections).
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff
(a) In addition to other delegated powers and duties, the committee shall draft and revise contract forms that are capable of being standardized to expedite real estate transactions and minimize controversy.
(b) The contract forms must contain safeguards adequate to protect the principals in the transaction.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.