1 | 1 | | 81R8424 YDB-D |
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2 | 2 | | By: Geren H.B. No. 1405 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to the licensing and regulation of landmen by the Texas |
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8 | 8 | | Real Estate Commission. |
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9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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10 | 10 | | SECTION 1. Section 1101.002, Occupations Code, is amended |
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11 | 11 | | by adding Subdivision (3-a) to read as follows: |
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12 | 12 | | (3-a) "Landman" means a person who, in the course and |
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13 | 13 | | scope of the person's business: |
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14 | 14 | | (A) acquires or manages petroleum, natural gas, |
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15 | 15 | | or mineral interests; |
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16 | 16 | | (B) performs title or contract functions related |
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17 | 17 | | to the exploration, exploitation, or disposition of petroleum, |
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18 | 18 | | natural gas, or mineral interests; |
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19 | 19 | | (C) negotiates for the acquisition or |
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20 | 20 | | divestiture of petroleum, natural gas, or mineral rights, including |
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21 | 21 | | the acquisition or divestiture of land or petroleum, natural gas, |
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22 | 22 | | or mineral rights for a pipeline; or |
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23 | 23 | | (D) negotiates business agreements that provide |
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24 | 24 | | for the exploration for or development of petroleum, natural gas, |
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25 | 25 | | or minerals. |
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26 | 26 | | SECTION 2. Section 1101.005, Occupations Code, is amended |
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27 | 27 | | to read as follows: |
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28 | 28 | | Sec. 1101.005. APPLICABILITY OF CHAPTER. This chapter |
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29 | 29 | | does not apply to: |
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30 | 30 | | (1) an attorney licensed in any state; |
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31 | 31 | | (2) an attorney-in-fact authorized under a power of |
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32 | 32 | | attorney to conduct a real estate transaction; |
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33 | 33 | | (3) a public official while engaged in official |
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34 | 34 | | duties; |
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35 | 35 | | (4) an auctioneer licensed under Chapter 1802 while |
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36 | 36 | | conducting the sale of real estate by auction if the auctioneer does |
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37 | 37 | | not perform another act of a broker or salesperson; |
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38 | 38 | | (5) a person conducting a real estate transaction |
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39 | 39 | | under a court order or the authority of a will or written trust |
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40 | 40 | | instrument; |
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41 | 41 | | (6) a person employed by an owner in the sale of |
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42 | 42 | | structures and land on which structures are located if the |
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43 | 43 | | structures are erected by the owner in the course of the owner's |
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44 | 44 | | business; |
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45 | 45 | | (7) an on-site manager of an apartment complex; |
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46 | 46 | | (8) an owner or the owner's employee who leases the |
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47 | 47 | | owner's improved or unimproved real estate; |
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48 | 48 | | (9) a partnership or limited liability partnership |
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49 | 49 | | acting as a broker or salesperson through a partner who is a |
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50 | 50 | | licensed broker; or |
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51 | 51 | | (10) a transaction involving: |
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52 | 52 | | (A) the sale, lease, or transfer of a mineral or |
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53 | 53 | | mining interest in real property subject to Section 1101.3515; |
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54 | 54 | | (B) the sale, lease, or transfer of a cemetery |
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55 | 55 | | lot; |
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56 | 56 | | (C) the lease or management of a hotel or motel; |
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57 | 57 | | or |
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58 | 58 | | (D) the sale of real property under a power of |
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59 | 59 | | sale conferred by a deed of trust or other contract lien. |
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60 | 60 | | SECTION 3. Subchapter H, Chapter 1101, Occupations Code, is |
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61 | 61 | | amended by adding Section 1101.3515 to read as follows: |
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62 | 62 | | Sec. 1101.3515. LANDMAN LICENSE REQUIRED. (a) A person may |
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63 | 63 | | not act as or represent that the person is a landman in this state |
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64 | 64 | | unless the person holds a landman license under this chapter. |
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65 | 65 | | (b) An applicant for a landman license shall submit an |
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66 | 66 | | application to the commission on the form prescribed by the |
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67 | 67 | | commission, pay the fee established by commission rule, and comply |
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68 | 68 | | with any other requirements established by commission rule, |
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69 | 69 | | including eligibility and examination requirements. An applicant |
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70 | 70 | | for a landman license may not act as a landman until the person |
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71 | 71 | | receives a license issued by the commission. |
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72 | 72 | | (c) To protect the public, the commission by rule shall: |
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73 | 73 | | (1) establish the eligibility requirements for a |
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74 | 74 | | landman license holder, including education, experience, and |
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75 | 75 | | examination requirements as appropriate; |
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76 | 76 | | (2) establish the moral character requirements, |
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77 | 77 | | including honesty, trustworthiness, and integrity, an applicant or |
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78 | 78 | | license holder must satisfy to hold a landman license; |
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79 | 79 | | (3) establish the form and procedures for applying for |
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80 | 80 | | a landman license; |
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81 | 81 | | (4) set the application and license fees; |
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82 | 82 | | (5) establish the term of the license and renewal |
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83 | 83 | | procedures and fees; |
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84 | 84 | | (6) establish continuing education requirements; |
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85 | 85 | | (7) determine the scope of practice by a landman |
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86 | 86 | | license holder; and |
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87 | 87 | | (8) require a landman license holder to comply with |
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88 | 88 | | the standards of conduct and ethics established by the commission |
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89 | 89 | | for a person licensed under this chapter. |
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90 | 90 | | (d) A landman license is valid for the term established by |
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91 | 91 | | commission rule. A landman may renew a landman license by |
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92 | 92 | | submitting a renewal application to the commission on the form |
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93 | 93 | | prescribed by the commission, paying the required renewal fee, and |
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94 | 94 | | complying with any other requirements established by commission |
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95 | 95 | | rule, including continuing education requirements. |
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96 | 96 | | (e) A licensed landman or person required to be licensed as |
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97 | 97 | | a landman who violates this chapter or rules adopted under this |
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98 | 98 | | chapter is subject to disciplinary action under this chapter. |
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99 | 99 | | SECTION 4. (a) Not later than January 1, 2010, the Texas |
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100 | 100 | | Real Estate Commission shall adopt the rules necessary to implement |
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101 | 101 | | Section 1101.3515, Occupations Code, as added by this Act. |
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102 | 102 | | (b) Notwithstanding Section 1101.3515, Occupations Code, as |
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103 | 103 | | added by this Act, a person is not required to hold a landman |
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104 | 104 | | license to act as a landman in this state until March 1, 2010. |
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105 | 105 | | SECTION 5. This Act takes effect September 1, 2009. |
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