Bill Text: TX HB2349 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to exempting certain transactions from regulation by the Texas Real Estate Commission.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2025-02-03 - Filed [HB2349 Detail]
Download: Texas-2025-HB2349-Introduced.html
89R4494 JCG-F | ||
By: Darby | H.B. No. 2349 |
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relating to exempting certain transactions from regulation by the | ||
Texas Real Estate Commission. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 1101.002, Occupations Code, is amended | ||
by adding Subdivisions (4-a) and (4-b) to read as follows: | ||
(4-a) "Mineral" has the meaning assigned by Section | ||
75.001, Property Code. The term includes oil, gas, related | ||
hydrocarbons, coal, lignite, uranium, and substances classified as | ||
base, industrial, precious, or strategic minerals. | ||
(4-b) "Other energy source" means a natural resource | ||
other than a mineral that is necessary to produce energy, including | ||
geothermal, hydroelectric, nuclear, solar, and wind energy. | ||
SECTION 2. Section 1101.005, Occupations Code, is amended | ||
to read as follows: | ||
Sec. 1101.005. APPLICABILITY OF CHAPTER. This chapter does | ||
not apply to: | ||
(1) an attorney licensed in this state; | ||
(2) an attorney-in-fact authorized under a power of | ||
attorney to conduct not more than three real estate transactions | ||
annually; | ||
(3) a public official while engaged in official | ||
duties; | ||
(4) an auctioneer licensed under Chapter 1802 while | ||
conducting the sale of real estate by auction if the auctioneer does | ||
not perform another act of a broker; | ||
(5) a person conducting a real estate transaction | ||
under a court order or the authority of a will or written trust | ||
instrument; | ||
(6) a person employed by an owner in the sale of | ||
structures and land on which structures are located if the | ||
structures are erected by the owner in the course of the owner's | ||
business; | ||
(7) an on-site manager of an apartment complex; | ||
(8) an owner or the owner's employee who leases the | ||
owner's improved or unimproved real estate; [ |
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(9) a transaction involving: | ||
(A) the sale, lease, or transfer of a real | ||
property interest in: | ||
(i) minerals, mining, or a quarry; | ||
(ii) water; | ||
(iii) standing timber; or | ||
(iv) other energy sources [ |
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(B) the sale, lease, or transfer of a cemetery | ||
lot; | ||
(C) the lease or management of a hotel or motel; | ||
or | ||
(D) the sale of real property under a power of | ||
sale conferred by a deed of trust or other contract lien; | ||
(10) the sale, lease, or transfer of real estate for a | ||
limited partnership by: | ||
(A) a general partner of the limited partnership; | ||
(B) an employee of a general partner of the | ||
limited partnership who negotiates the transaction in the course of | ||
employment; or | ||
(C) an employee of the limited partnership who | ||
negotiates the transaction in the course of employment; or | ||
(11) the sale, lease, or transfer of real estate for a | ||
limited liability company by: | ||
(A) a manager or managing member of the limited | ||
liability company; | ||
(B) an employee of a manager or managing member | ||
of the limited liability company who negotiates the transaction in | ||
the course of employment; or | ||
(C) an employee or member of the limited | ||
liability company who negotiates the transaction in the course of | ||
employment. | ||
SECTION 3. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2025. |