Texas · Chapter 32 of 44
Texas Agency and Intermediary Practice
Texas's UNIQUE intermediary brokerage relationship (replaces dual agency), the Information About Brokerage Services (IABS) form, duties to clients including minimum services, broker-sales agent relationships, broker's responsibility for acts of sales agents, and use of unlicensed assistants.
35-minute read · Built for the TREC Sales Agent Exam
intermediaryintermediary with appointmentsIABS formInformation About Brokerage Servicesminimum servicesbroker-sales agent relationshipvicarious liabilityunlicensed assistantspermitted activitiessponsorship
Texas Has INTERMEDIARY, Not Dual Agency
This is one of the most important Texas-specific concepts on the exam. Texas does NOT recognize traditional dual agency. When a broker represents both parties in the same transaction, the broker acts as an INTERMEDIARY (a neutral facilitator), not as a dual agent.
TRELA §§1101.559-1101.561
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