Sec. 1102.351. REAL ESTATE INSPECTION RECOVERY FUND. The commission shall maintain a real estate inspection recovery fund to reimburse aggrieved persons who suffer actual damages from an inspector's act in violation of Subchapter G. The inspector must have held a license at the time the act was committed.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle A - Professions Related to Real Estate
Chapter 1102 - Real Estate Inspectors
Subchapter H. Real Estate Inspection Recovery Fund
Section 1102.351. Real Estate Inspection Recovery Fund
Section 1102.352. Payments Into Fund
Section 1102.353. Management of Fund
Section 1102.354. Deadline for Action; Notice to Commission
Section 1102.355. Claim for Payment From Fund
Section 1102.356. Issues at Hearing
Section 1102.357. Commission Response
Section 1102.358. Court Order for Payment
Section 1102.359. Payment Limits; Attorney's Fees
Section 1102.360. Application of Judgment Recovery
Section 1102.362. Effect on Disciplinary Proceedings
Section 1102.363. Waiver of Rights
Section 1102.364. Notice to Consumers and Service Recipients