Sec. 1101.702. AMOUNT OF PENALTY. (a) The amount of an administrative penalty may not exceed $5,000 for each violation. Each day a violation continues or occurs may be considered a separate violation for purposes of imposing a penalty.
(b) In determining the amount of the penalty, the executive director shall consider:
(1) the seriousness of the violation, including the nature, circumstances, extent, and gravity of the prohibited acts;
(2) the history of previous violations;
(3) the amount necessary to deter a future violation;
(4) efforts to correct the violation; and
(5) any other matter that justice may require.
(c) The commission by rule shall adopt a schedule of administrative penalties based on the criteria listed in Subsection (b) for violations subject to an administrative penalty under this section to ensure that the amount of a penalty imposed is appropriate to the violation. The rules adopted under this subsection must provide authority for the commission to suspend or revoke a license in addition to or instead of imposing an administrative penalty.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 1276, Sec. 14A.160(e), eff. Sept. 1, 2003.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 1411 (S.B. 914), Sec. 26, eff. September 1, 2007.
Acts 2015, 84th Leg., R.S., Ch. 1158 (S.B. 699), Sec. 77, eff. January 1, 2016.
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 O. Administrative Penalty
Section 1101.701. Imposition of Administrative Penalty
Section 1101.7015. Delegation of Executive Director's Authority
Section 1101.702. Amount of Penalty
Section 1101.703. Notice of Violation and Penalty
Section 1101.704. Penalty to Be Paid or Hearing Requested
Section 1101.705. Hearing; Decision
Section 1101.706. Notice of Order
Section 1101.707. Options Following Decision: Pay or Appeal
Section 1101.708. Collection of Penalty
Section 1101.7085. Determination by Court