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The statute of limitations for real estate fraud/ misrepresentation is four years and begins to run from the date of entering into the contract. It is also four years for fraud, but the running of the statute may be tolled to run when the fraud is discovered or reasonably should have been discovered.

TREC's primary function is to protect the public from unscrupulous or illegal acts of real estate professionals by enforcing the laws of the occupations code and adopting new rules as necessary.

A DTPA lawsuit generally must be filed within two years after the date on which the false, misleading, or deceptive act or practice occurred. If the deceptive act took place over a period of time, then, to be safe, you should begin suit two years from the date of the first such action.

The IABS form linked to a broker's business homepage only needs to contain information about the broker, including designated broker if an entity. If it is on the sales agent's or associate's homepage then the form should be filled out with the agent's or associate's information as well.

The agency provides licensing, education, and complaint investigation services, as well as regulation and enforcement of state laws and requirements that govern each of these areas of service to consumers in Texas.

We also receive a number of complaints related to a license holder's actions as a principal in a transaction (about 3 percent), failure to disclose (about 2 percent), intermediary/IABS violations (about 1.5 percent), improper form usage (about half a percent), and sales misappropriation (about half a percent).

One of the primary functions of the Texas Real Estate Commission is the licensing and regulation of real estate professionals. This includes real estate agents, brokers, inspectors, and appraisers.

In Texas, the statute of limitations for breach of contract is four years from the time you signed the contract until the buyer files a case. If the buyer's attorney can prove fraud, the statute of limitations is four years from the time they should have reasonably known or discovered the fraudulent act.

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