GroundRules
Tex. Occupations Code § 1101.551: DEFINITIONS.
Where this section sits in the code
- OCCUPATIONS CODE
- 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 L. PRACTICE BY LICENSE HOLDER
In this subchapter:
(1) "Intermediary" means a broker who is employed to negotiate a transaction between the parties to a transaction and for that purpose may act as an agent of the parties.
(2) "Party" means a prospective buyer, seller, landlord, or tenant or an authorized representative of a buyer, seller, landlord, or tenant, including a trustee, guardian, executor, administrator, receiver, or attorney-in-fact. The term does not include a license holder who represents a party.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003.
Collected 2026-08-27T01:47:31Z. Source file · JSON