When should a real estate agent hire a real estate attorney? Brokers and agents often hire a Texas real estate lawyer in situations when the Texas Real Estate Commission is investigating a complaint or when the sales person has been sued. Keep in mind that there are new real estate laws for real estate licensees. The discussion of new laws starts with changes to the Real Estate Licensing Act found in Section 1101 of the Texas Occupations Code. Licensees must familiarize themselves with new titles and references. For example, real estate salespersons are now called real estate sales agents. These agents are no longer associated with a licensed broker but are sponsored by one. Sponsoring brokers must now attend at least six classroom hours of broker responsibility courses approved by the Texas Real Estate Commission during the term of their current license. Activities requiring license changed. A license is now required for anyone dealing in options in real estate including a lease-to-purchase or buying, selling or offering to buy or sell options in real estate. For these reasons, real estate professionals need to stay on top of their requirements and avoid real estate agent and broker issues.
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Attorneys that represent real estate sales agents in Houston and TX.
On Behalf of The Weaver Law Firm | Feb 16, 2016 | Real Estate |
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