Section 1101.560 - Associated License Holder Acting As Intermediary(a) A broker who complies with the written consent requirements of Section 1101.559 may appoint: (1) a license holder associated with the broker to communicate with and carry out instructions of one party to a real estate transaction; and(2) another license holder associated with the broker to communicate with and carry out instructions of any other party to the transaction.(b) A license holder may be appointed under this section only if:(1) the written consent of the parties under Section 1101.559 authorizes the broker to make the appointment; and(2) the broker provides written notice of the appointment to all parties involved in the real estate transaction.(c) A license holder appointed under this section may provide opinions and advice during negotiations to the party to whom the license holder is appointed.Tex. Occ. Code § 1101.560
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. 6/1/2003.