Sec. 1201.159. BROKER. (a) Except as provided by Section 1201.456, a broker shall ensure that the seller gives the buyer the applicable disclosures and warranties that the buyer would have received if the buyer had purchased the manufactured home through a licensed retailer.
(b) A person is not required to be a broker licensed under this chapter but may be required to be a real estate broker or salesperson licensed under Chapter 1101 if:
(1) the manufactured home is attached; and
(2) the home is offered as real property.
(c) A broker shall provide any person who engages the broker's services with a written disclosure of which interests in the transaction, if any, the broker represents.
(d) If the seller is required to possess a license by this chapter, a broker may assist in the sale of a manufactured home only if that seller has a current license.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 338, Sec. 7, eff. June 18, 2003.
Amended by:
Acts 2005, 79th Leg., Ch. 1284 (H.B. 2438), Sec. 8, eff. June 18, 2005.
Acts 2007, 80th Leg., R.S., Ch. 863 (H.B. 1460), Sec. 21, eff. January 1, 2008.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle C - Regulation of Certain Types of Housing and Buildings
Chapter 1201 - Manufactured Housing
Section 1201.1505. Deposit on Specially Ordered Manufactured Homes
Section 1201.1511. Real Property Appraisal and Title Work Expenses
Section 1201.152. Voidable Contract
Section 1201.1521. Rescission of Contract for Sale or Exchange of Home
Section 1201.153. Formaldehyde Health Notice
Section 1201.154. Sufficiency of Formaldehyde Health Notice; Retailer and Manufacturer Compliance
Section 1201.155. Disclaimer of Implied Warranty
Section 1201.156. Advertisement as Offer
Section 1201.157. Retailer as Warehouse
Section 1201.161. Transportation of Manufactured Housing