What Has TREPAC Done For Me Lately??

  • 2015 – Secured Ballot Language – Added November ballot language to ban taxes permanently on the sale of real estate and to increase the homestead exemption to $25,000.
  • 2015 – Repealed Occupations Fee – After September 1, 2015 Brokers will save $300 when renewing or applying for their license.
  • 2015 – Advocated for Property Managers – HOAs were prohibited from becoming property managers and screening potential tenants.
  • 2015 – Ended Bad-Faith Claims – Bad-faith claims of patent infringement were prohibited.
  • 2015 – Supported Landlords – Landlords now have the ability to deduct security system rekeys from security deposits.
  • 2015 – Protected Property Owners – Cities and counties can no longer force a property owner to ignore lawful source of income when renting.
  • 2015 – Limited Taxing Jurisdictions – Taxing jurisdictions can no longer increase the property-tax rate without a super majority.
  • 2013 – Infrastructure – Played a key role in addressing the state’s long-term water and public education needs.
  • 2013 – Property Tax Loans – Helped enact critical consumer-protection laws in the property-tax lending industry.
  • 2011 – Eminent domain – Enacted strong consumer protections in eminent-domain proceedings.
  • 2011 – Transfer fees – Passed a measure that eliminates most private transfer fees on real estate transactions.
  • 2011 – TREC – Helped the Texas Real Estate Commission attain a self-directed, semi-independent status, insulating the agency from future state-mandated budget cuts and enabling TREC to better serve licensees and consumers.
  • 2011 – DTPA – Passed a revision to the Deceptive Trade Practices Act that effectively exempts real estate brokerage from liability under the act – as long as the broker or agent hasn’t committed an unscrupulous or illegal act.
  • 2009 – Real estate tax – Defeated multiple proposals to tax real estate, including several bills requiring the creation of a tax on every deed recorded by the county clerk.
  • 2005 – Tax on personal autos – Prevented a property tax from being imposed on personal vehicles also used in your business.
  • 2005 – Minimum services – Codified regulations relating to a minimum level of service a real estate broker must provide to a consumer.
  • 2003 – Transfer tax – Defeated a proposal which would have created a 1% real estate transfer tax on the sale or lease of all real property.
  • 2001 – Sales tax – Killed legislation that would have levied an 8% sales tax on the sale of all real property – commercial, residential, farm and ranch, industrial, raw land – all of it.
  • 1999 – Licensing of mortgage brokers – Established a much-needed consumer-protection statute requiring the mandatory licensing of mortgage brokers.
  • 1997 – Homeowners equity – Authored a constitutional amendment protecting a homeowner’s equity by requiring 80% loan to value ration on refinances, preventing borrowers from becoming upside down on their home loan.
  • 1993 – Seller disclosure – Required a seller of residential property to use a promulgated property-condition disclosure form, thereby decreasing liability for real estate licensees.
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