Sec. 1101.561. DUTIES OF INTERMEDIARY PREVAIL

Latest version.

(a) The duties of a license holder acting as an intermediary under this subchapter supersede the duties of a license holder established under any other law, including common law.
(b) A broker must agree to act as an intermediary under this subchapter if the broker agrees to represent in a transaction:
(1) a buyer or tenant; and
(2) a seller or landlord.

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by: Acts 2005, 79th Leg., Ch. 825 , Sec. 8, eff. September 1, 2005.

                    
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