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Texas Occupations Code - OCC § 1103.004. Effect of Chapter

Current as of April 14, 2021 | Updated by FindLaw Staff

This chapter does not prohibit:

(1) a person authorized by law from performing an evaluation of real property for or providing an evaluation of real property to another person;

(2) a real estate broker licensed under Chapter 1101 or a sales agent acting under the authority of a sponsoring broker from providing to another person a written analysis, opinion, or conclusion relating to the estimated price of real property if the analysis, opinion, or conclusion:

(A) is not referred to as an appraisal;

(B) is given in the ordinary course of the broker's business;  and

(C) is related to the actual or potential acquisition, disposition, encumbrance, or management of an interest in real property;  or

(3) an appraiser who is certified by a jurisdiction other than this state from performing an appraisal review of an appraisal performed on real property in this state, if the appraiser does not offer an opinion of value as part of the appraisal review.

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Cite this article: FindLaw.com - Texas Occupations Code - OCC § 1103.004. Effect of Chapter - last updated April 14, 2021 | https://codes.findlaw.com/tx/occupations-code/occ-sect-1103-004/

Read this complete Texas Occupations Code - OCC § 1103.004. Effect of Chapter on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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