(a) An applicant for registration or registration renewal under this chapter must submit:
(1) an application on a form approved by the board; and
(2) the application or renewal fee established under § 1104.052(a).
(b) The application must contain:
(1) the name, business address, and telephone contact information of the applicant seeking registration;
(2) if the applicant is not a corporation domiciled in this state, the name and contact information for the applicant’s agent for service of process in this state;
(3) the name, address, and contact information for any person that owns more than 10 percent of the applicant;
(4) the name, address, and contact information for at least one controlling person;
(5) the designation of a primary contact under § 1104.104;
(6) the name and contact information of at least one appraiser designated by the applicant to respond to and communicate with appraisers on the applicant’s appraisal panel regarding appraisal assignments;
(7) a certification that the applicant has a system in place to ensure compliance with Subchapter D and Section 129E of the Truth in Lending Act (15 U.S.C. § 1601 et seq.);
(8) a written irrevocable consent to service of process; and
(9) any other information required by the board to approve the application.

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Terms Used In Texas Occupations Code 1104.103

  • Appraisal: A determination of property value.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • 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
  • Service of process: The service of writs or summonses to the appropriate party.
  • Truth in Lending Act: The Truth in Lending Act is a federal law that requires lenders to provide standardized information so that borrowers can compare loan terms. In general, lenders must provide information on Source: OCC
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005

(c) The board shall adopt rules regarding registration and the renewal of a registration under this chapter.