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Rules Up for Emergency Adoption at August TREC Meeting
During the next TREC Meeting on August 7 [ [link removed] ], commissioners will discuss rule amendments implementing statutory changes enacted from the 2023 Texas Legislative Session. Several of these changes may be adopted on an emergency basis, which means some changes would be effective September 1.
Real Estate Inspection Recovery Fund Repealed
House Bill 1363 [ [link removed] ] eliminates the real estate inspection recovery fund. The changes to TREC Rule 535.210 reflect that inspectors who submit their applications on or after September 1, 2023, will not be required to pay a $10 fee after they pass their exam. This change was recommended by the Texas Real Estate Inspector Committee (TREIC), since the fund was underutilized and inspectors are required to carry E&O insurance.
New Fuel Gas Piping Disclosure Added to the "Seller?s Disclosure Notice"
Inspectors already must note the type of gas distribution piping material in their inspection reports, but?House Bill 697 [ [link removed] ]?adds language to the "Seller's Disclosure Notice" requiring a seller to disclose the type of piping used for gas supply lines?black iron pipe, copper, or corrugated stainless steel tubing (CSST).
Revision to the "Consumer Protection Notice"
Real estate brokers, sales agents, inspectors, and easement or right-of-way (ERW) agents must provide the "Consumer Protection Notice "by posting it online and at their place of business. The notice will be updated to remove the reference to the real estate inspection recovery fund.?If you link to the form on TREC?s website [ [link removed] ], you will not have to update your online notice. If you do not link to the form on our website (e.g., you have a PDF version or host the form on your own website), you will have to ensure it is updated September 1.?
Message From TREIC Chair Lee Warren
Texas Real Estate Inspector Committee Chair Lee Warren shares updates from the latest TREIC Meeting, including discussion about rules that prohibit inspectors for paying to be on a preferred provider list and the selection process for the 2024 committee.
*Read More* [ [link removed] ]
Did You Know About This New Form?
The new?"Notice of Apprentice/Real Estate Inspector Termination Form"?(REI-TS-0) may be used by inspectors to terminate a trainee or real estate inspector relationship. The form includes a line for the sponsoring inspector to fill in the inspector?s DBA, so TREC staff can remove that information from the terminated inspector?s records.?Download the form [ [link removed] ]
Resources & Events
* *ESAC seeks real estate education providers, real estate license holders, and public member [ [link removed] ]*
* *TREC Meeting: August 7 [ [link removed] ]*
* *TREC Closed in Observance of Labor Day: September 4*
* *TREC Inspector Committee Meeting: October 16 [ [link removed] ]*
* *TREC Inspector Committee Meeting Schedule [ [link removed] ]?*
* *Review Disciplinary Actions [ [link removed] ]*
*View TREC Calendar* [ [link removed] ]
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