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.
Section: Previous 1101.102 1101.103 1101.104 1101.105 1101.106 1101.151 1101.152 1101.154 1101.155 1101.156 1101.157 1101.158 1101.159 1101.160 1101.161 NextLast modified: September 28, 2016