At its November 7 meeting, the Texas Real Estate Commission proposed two changes to Section 537 of TREC rules:
- The proposed change to Section 537.1 includes a definition for the new term “informational items,” which is intended to better describe the type of information that a license holder can add to a contract form. This definition mirrors the newly adopted language in Paragraph 11 of the commission’s contract forms.
- The proposed changes to Section 537.11, Use of Standard Contract Forms, reorganize and consolidate the rule for clarity. They also simplify the language regarding when a license holder is required to use a commission-approved contract form and what is considered the unauthorized practice of law
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