Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1101.806 - Liability for Payment of Compensation or Commission(a) This section does not:(1) apply to an agreement to share compensation among license holders; or(2) limit a cause of action among brokers for interference with business relationships.(b) A person may not maintain an action to collect compensation for an act as a broker or sales agent that is performed in this state unless the person alleges and proves that the person was: (1) a license holder at the time the act was commenced; or(2) an attorney licensed in any state.(c) A person may not maintain an action in this state to recover a commission for the sale or purchase of real estate unless the promise or agreement on which the action is based, or a memorandum, is in writing and signed by the party against whom the action is brought or by a person authorized by that party to sign the document.(d) A license holder who fails to advise a buyer as provided by Section 1101.555 may not receive payment of or recover any commission agreed to be paid on the sale.Tex. Occ. Code § 1101.806
Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1158,Sec. 91, eff. 1/1/2016.Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. 6/1/2003.