Tex.
Occ. Code Section 1103.204
Fulfillment of Education Requirements
(a)
In this section, “real estate-related financial transaction” means a transaction involving:(1)
selling, leasing, purchasing, exchanging, investing in, or financing real property or an interest in real property;(2)
refinancing real property or an interest in real property; or(3)
using real property or an interest in real property as security for a loan or investment, including a mortgage-backed security.(b)
This chapter does not limit the amount of time in which an applicant for a certificate or license is required to satisfy the education requirements under this subchapter.(c)
The board shall give an applicant for a certificate or license credit toward fulfilling the requirements of Section 1103.202 (Eligibility Requirements for Certificate or License)(2) for classroom hours taken in the course of becoming licensed as a real estate broker or sales agent or for professional development or continuing education courses taken, whether the classroom hours or courses are taken by a person as a real estate broker or sales agent or as an employee of a financial institution engaged in real estate-related financial transactions, if the classroom hours or courses satisfy the requirements established by the guidelines recognized by the Appraiser Qualifications Board.
Source:
Section 1103.204 — Fulfillment of Education Requirements, https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1103.htm#1103.204 (accessed Jun. 5, 2024).
