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Texas Real Estate Commissions

TREC or Texas Real Estate Commission is acustomers with a competent and honest
government body that was created in 1949 toservice. TREC also gives licenses to real
administer four specific laws such as realestate inspectors, agents, residential
estate license act, real estate inspectorservice companies and real estate schools.
act, residential service company act andThis commission also does registration of
Texas timeshare act.TREC regulates activitiestimeshare properties.Texas Real Estate
of real estate brokers, salespeople,Commission has statutory relations with three
inspectors, residential service companies,state entities namely, real estate center at
timeshare developers and education providersTexas A&M University, Texas department of
for real estate and inspection courses. Mainsavings and mortgage lending and Texas
purpose of TREC is to protect legal rights ofappraiser licensing and certification board.
citizens of Texas and provide them withThe commission has partnership with Texas A&M
honest, trustworthy and competent real estateUniversity's real estate center for
service. The commission reviews programsconducting research along with some education
dealing with education providers for realprojects. It also appoints two members to
estate and inspection courses. It tries tomortgage broker advisory committee of
identify and regulate errors and drawbacksDepartment of savings and mortgage lending.
present in it.TREC has made it mandatory forIssues relating to real estate licensees and
real estate brokers and salespersons tomortgage brokers are resolved by cooperating
maintain specified levels of education inwith this agency. Commission also has signed
order to hold a valid license to work as aa memorandum of understanding with Texas
real estate agent. Provisions of real estateappraiser licensing and certification board
license act and rules of Texas real estateunder which it provides administrative
commission are binding on all real estatesupport to them, which is approved by their
agents and professionals in order to providegoverning bodies.



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