Current as of April 14, 2021 | Updated by FindLaw Staff
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(a) A broker who complies with the written consent requirements of Section 1101.559 may appoint:
(1) a license holder associated with the broker to communicate with and carry out instructions of one party to a real estate transaction; and
(2) another license holder associated with the broker to communicate with and carry out instructions of any other party to the transaction.
(b) A license holder may be appointed under this section only if:
(1) the written consent of the parties under Section 1101.559 authorizes the broker to make the appointment; and
(2) the broker provides written notice of the appointment to all parties involved in the real estate transaction.
(c) A license holder appointed under this section may provide opinions and advice during negotiations to the party to whom the license holder is appointed.
Cite this article: FindLaw.com - Texas Occupations Code - OCC § 1101.560. Associated License Holder Acting as Intermediary - last updated April 14, 2021 | https://codes.findlaw.com/tx/occupations-code/occ-sect-1101-560.html
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