Section 1101.651 - Certain Practices Prohibited(a) A licensed broker may not pay a commission to or otherwise compensate a person directly or indirectly for performing an act of a broker unless the person is: (2) a real estate broker licensed in another state who does not conduct in this state any of the negotiations for which the commission or other compensation is paid.(b) A sales agent may not accept compensation for a real estate transaction from a person other than the broker that is sponsoring the sales agent or was sponsoring the sales agent when the sales agent earned the compensation.(c) A sales agent may not pay a commission to a person except through the broker that is sponsoring the sales agent at that time.(d) A broker and any broker or sales agent appointed under Section 1101.560 who acts as an intermediary under Subchapter L may not:(1) disclose to the buyer or tenant that the seller or landlord will accept a price less than the asking price, unless otherwise instructed in a separate writing by the seller or landlord;(2) disclose to the seller or landlord that the buyer or tenant will pay a price greater than the price submitted in a written offer to the seller or landlord, unless otherwise instructed in a separate writing by the buyer or tenant;(3) disclose any confidential information or any information a party specifically instructs the broker or sales agent in writing not to disclose, unless:(A) the broker or sales agent is otherwise instructed in a separate writing by the respective party;(B) the broker or sales agent is required to disclose the information by this chapter or a court order; or(C) the information materially relates to the condition of the property;(4) treat a party to a transaction dishonestly; or(5) violate this chapter.Tex. Occ. Code § 1101.651
Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1158,Sec. 68, eff. 1/1/2016.Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. 6/1/2003.