Texas Occupations Code 1101.561 – Duties of Intermediary Prevail
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(a) The duties of a license holder acting as an intermediary under this subchapter supersede the duties of a license holder established under any other law, including common law.
(b) A broker must agree to act as an intermediary under this subchapter if the broker agrees to represent in a transaction:
(1) a buyer or tenant; and
(2) a seller or landlord.
Terms Used In Texas Occupations Code 1101.561
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.