The Texas Real Estate Inspector Committee met April 18 and?discussed?22 TAC 535.216, Renewal of License. This rule is currently out for proposal as part of a Texas Real Estate Commission initiative to update the late renewal process to better protect the consumer.? The committee discussed the importance of this change and recommended the rule with minor changes made to clarify references to other rules related to insurance and reactivation of license.
This recommendation?will go before commissioners. If approved, it will be effective October 1.?
Also during the TREIC meeting this month, the committee voted to recommend changes to rule??535.222,?Inspection Reports. These changes clarify that inspectors must deliver reports to clients within two?calendar days of payment. This recommendation will go before commissioners in May.
TREC rule ?535.223 was recently?amended?to clarify that when multiple boxes are checked for a particular item on the?Property Inspection Report Form?(REI 7-6), the inspector must also document the reason for checking multiple boxes.
There is an?online instruction sheet?to provide guidance to anyone with questions.?
Texas Real Estate Inspector Committee Chair Lee Warren shares what the committee has been working on and its initiatives moving forward, including an update on the process to eliminate Recovery Fund payments.?
Whether your break is planned or unexpected, setting your sales agent, broker, or inspector license to inactive status is the best move to return to the real estate business.?
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