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Terms Used In Texas Occupations Code 1103.054

  • Appraisal: A determination of property value.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005

A person is not eligible for appointment as a public member of the board if the person or the person’s spouse:
(1) is a certified or licensed appraiser;
(2) is certified or licensed by an occupational regulatory agency in the field of real estate brokerage or appraisal;
(3) owns or controls, directly or indirectly, a business entity or other organization whose primary purpose is to engage in real estate sales, brokerage, or appraisal;
(4) is employed by or participates in the management of a business entity or other organization whose primary purpose is to engage in real estate sales, brokerage, or appraisal; or
(5) uses or receives a substantial amount of tangible goods, services, or money from the board other than compensation or reimbursement authorized by law for board membership, attendance, or expenses.