Texas Statutes (Last Updated: January 4, 2014) |
OCCUPATIONS CODE |
Title 7. PRACTICES AND PROFESSIONS RELATED TO REAL PROPERTY AND HOUSING |
Subtitle A. PROFESSIONS RELATED TO REAL ESTATE |
Chapter 1101. REAL ESTATE BROKERS AND SALESPERSONS |
Subchapter D. COMMISSION POWERS AND DUTIES |
Sec. 1101.154. ADDITIONAL FEE: TEXAS REAL ESTATE RESEARCH CENTER
Latest version.
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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 Sections 1101.152 and 1101.153 and an additional $20 fee;
(2) salesperson 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 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.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by: Acts 2009, 81st Leg., R.S., Ch. 23 , Sec. 4, eff. May 12, 2009.