Current as of April 14, 2021 | Updated by FindLaw Staff
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(a) The fee for the issuance or renewal of a:
(1) broker license is the amount of the fee set under Section 1101.152 and an additional $70 fee;
(2) sales agent license is the amount of the fee set under Section 1101.152 and an additional $20 fee; and
(3) certificate of registration is the amount of the fee set under Section 1101.152 and an additional $20 fee.
(b) The commission shall transmit, not less than quarterly, the additional fees collected under Subsection (a) to Texas A&M University for deposit in a separate banking account that may be appropriated only to support, maintain, and carry out the purposes, objectives, and duties of the Texas Real Estate Research Center.
As used in this chapter:
(1) “Best management practices” means practices for the construction and maintenance of unpaved roads that are broadly accepted by road engineers and maintenance professionals as the most effective approaches to managing unpaved roads that minimize sediment impacts to adjacent water bodies and aquatic habitats; and
(2) “Unpaved road project” means a project that has as its purpose the reduction of erosion and sedimentation by:
(A) Providing better drainage to an eroding unpaved public road maintained by a county;
(B) Stabilizing erodible ditches and drainage outlets for an unpaved public road maintained by a county;
(C) Creating a more durable driving surface for an unpaved public road maintained by a county; or
(D) A combination of the activities described in subdivisions (2)(A)-(C) of this section.
Cite this article: FindLaw.com - Texas Occupations Code - OCC § 1101.154. Additional Fee: Texas Real Estate Research Center - last updated April 14, 2021 | https://codes.findlaw.com/tx/occupations-code/occ-sect-1101-154/
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