Texas Real Estate Post-Licensing Course: TX Legal Update Part II (2022-2023)

The Texas Real Estate Commission (TREC) Legal Update I and II courses are four hours of curriculum each. This online course, Legal Update II, includes three main topics: the Canons of Professional Ethics and Conduct, water and mineral rights in Texas, and ad valorem tax best practices and guidelines.

This four-hour course reinforces the ethical and fiduciary duties license holders owe to consumers, and emphasizes the legal limitations to a real estate license, and the importance to refer consumers to licensed, experienced professionals when a topic is outside their area of expertise.

Course highlights include:

• The canons of fidelity, integrity, and competency
• Geographic competency
• Intermediary status
• Multiple offers
• Use of the Seller’s Disclosure Notice
• Copyrighted surveys
• Water and mineral rights in Texas
• Ad valorem taxes in Texas
• Special considerations regarding taxes
• Tax prorations and rollbacks