Sec. 1101.154. ADDITIONAL FEE: TEXAS REAL ESTATE RESEARCH CENTER. (a) The fee for the issuance or renewal of a:
(1) broker license is the amount of the fee set under Section 1101.152 and an additional $70 fee;
(2) sales agent 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, not less than 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 (S.B. 862), Sec. 4, eff. May 12, 2009.
Acts 2015, 84th Leg., R.S., Ch. 448 (H.B. 7), Sec. 31(k), eff. September 1, 2015.
Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699), Sec. 18, eff. September 1, 2015.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle A - Professions Related to Real Estate
Chapter 1101 - Real Estate Brokers and Sales Agents
Subchapter D. Commission Powers and Duties
Section 1101.151. General Powers and Duties of Commission
Section 1101.154. Additional Fee: Texas Real Estate Research Center
Section 1101.155. Rules Relating to Contract Forms
Section 1101.156. Rules Restricting Advertising or Competitive Bidding
Section 1101.157. Subpoena Authority
Section 1101.158. Advisory Committees
Section 1101.159. Use of Technology
Section 1101.160. Negotiated Rulemaking and Alternative Dispute Resolution Procedures