(a) Education requirements for an initial sales agent license. An applicant for an initial sales agent license must provide the Commission with satisfactory evidence of completion of 180 hours of qualifying real estate courses as required under the Act as follows:
(1) 60 hours of Principles of Real Estate;
(2) 30 hours of Law of Agency;
(3) 30 hours of Law of Contracts;
(4) 30 hours of Promulgated Contracts Forms; and
(5) 30 hours of Real Estate Finance.
(b) Additional education requirements. A sales agent must successfully complete an additional 90 classroom hours in qualifying courses, including the 30 hour qualifying real estate brokerage course, by the expiration date of the sales agent's initial licensing period in accordance with the requirements of §535.91 of this chapter (relating to Renewal of a Real Estate License).
(c) The Commission will issue an applicant an inactive sales agent license upon satisfaction of subsection (a) of this section and subsection (c) of §535.57 of this subchapter (relating to Examinations). An inactive sales agent may not practice as a licensed sales agent until sponsored by an active Texas licensed broker.
Source Note: The provisions of this §535.55 adopted to be effective January 1, 2011, 35 TexReg 11677; amended to be effective November 1, 2011, 36 TexReg 7327; amended to be effective January 1, 2015, 39 TexReg 9669; amended to be effective September 7, 2016, 41 TexReg 6738; amended to be effective December 9, 2018, 43 TexReg 7898; amended to be effective October 1, 2023, 48 TexReg 2952