Eonorabla Sldrmy L6thga Opinion No. O-6065 

seoret8wy of state Rrr Authority of seourltiss 

Austin, Texac Divialon to lssw Aaal 

Estate Sal66m6n's Licsmee 

‘mQ6~’ AFti 65738, V.A.iX., 

to pslwQn6 not to b6 mqlloyad 

Dew-1 

by a llC6M6Q Beal Rstaok 

I&Q&r. 

Your office, through ths Xomrable &rQCe 8. 8666ion6, 

Securities C~snlon6r, ha6 r6cpent6d an opl.nlOn of this depfirtmant an t&6 fr3llovong nutt6r: 

aSoatlan 2 of the Aat emmtonly lmmm m tha Real 

Rstak D6al8r6 Llo6ns6 Aat, (Ark. 6573r, Venon~u Annotst6d Cl711 statute8 of Texas) befin a Rml 'L3t6tn 

~~lgf&l sRwllmwb3 s6l66Mni6rtb6p 

'T 

0866 Ot 

. fhatloa 23 6nwerak6 ae~taln l xer pans t to 

the66 d6fititiMU QYMI jWOVid66 that ths Act 6w1 have 

no application tkmrsto. W6 wish to lmow w&tbr the 

secwltlm Mvlrion 18 authorlrad, unasr the *bo+s 

provlrion6, to ir6u6 Ro*k Betat6 SalssPIn*r Llo6n6ea 

t8 persons vho ~~~notto k asployetl by lic6su6dRaal 

Rstata Dwlare, but who UI to b6 6mploy64 by psnon6 

srsloptul SPCIS such 1166a668 uader tb6 Ad." 

bf6 find M %@6XR6 d6oi6im6 bQPw rrpojl tht6 q&166- 

tlm annd WI must tlssreiom look to t&6 etatutss lnvolveu for 

mr armmr. Relevant wrtlons of Art1616 557% ar6 a6 follsiav 

%C* a. la6 followlrig t6rms shall, Imlsss the 

context oth6rvlse indicat66, hrve the f~lbvixag rstmnincsst 

‘(8). (1). Th6 t&m 'Rsel ?sutats Daaler shall 

l.BchKb 6VeX’y p6FQQBQl'CaogmY, OthSrthQll Q 66166ZNIIl, 

snll ucm6eQ aBd P6glstur6Q Qtkrmeys, vho for smrther 

oroth6rs for casp6n6atlanor oth6r vQltmbl.6 6omlcI6rQtion,or whovithth6 int6ntioa orln th6 6%p6cktion 

of upon the proal6e of a6661** or coLl6atlng aimp6naatlon or other valu6blr consldaratlon, fl8t8 for 8816 

lSefl8, OXOh b”Q’S, 8 P6tlt8, or 0W6r8, or attmpda 

or tip3es to oolfaot rsnt for thn we of real ertste, or' 

ncgJtlat68, or off6r6, op att6mpte4, or a&r966 tc negotiate s loim, secured or to b6 eocured by mortgage or 

other lncumbrance upon or tranefsr of real estate; cm 
Honorable Sldm~yLat.hm,paee 2 

auctiona, or oSfers, or attempts, or agrees to auction 

slyr X'6ti 66tQts; Ql' U~&iOW 

or egrees to apgr8lss any r68 i 

Or OffW'S, OX' QttmtS, 

eatate; or who advertiaee, 

or holds ltaelf, hlmsslf, or themsalves out Qa eng4qecl 

in the buSine8S of SolLLi~, exch6ngLng, buying ranting, 

or 1rQslng MQl B8tQt@, or QQliStll or direct8 ln the 

pcuring or proapec ts , or tha negotiation OF closLr~ 

of any tranaactlon which 6~~8 or ia calculated to 

result in tha sale, excbQnge, leasing, or renting o; 

any real OlltQtO, or who buys or orfero to buy, sells 

or offor8 to. r&l, or Otherwlee deala ln op@ions on renL 

eetate or in the lmpmvessnts thereon. 

l (2). Tha t6rm 'Real E8tata Dealer' shall also 

include my p6rmm or ctmp6ny eQ~ployed by or on b&alp’ 

of the ovrmr or ovner8 of lo,ta or othsr parcel.3 of reel 

f3itcto at a stated salary, ar upon a comniselon, or upo:? 

a ealary tmd comloslon besls, or otherwlss, to sell 

euch real estate in 8ny parts thereof, in lots or Ckh@P 

parcels, %nd vha sbal]. sell or exchfinge, or offers, or 

attenipto, or tqrsea to negotiate tha sale or exchan~a 

of anr such lot or pcrrcsl of real estate; provided, 

hwmver, if tine mm? of lots OP othm pamals is en- 

&QgcSd fn ths bUSiaeS6 Of bUylIt& sslliXa&, 6Xchen(&& 

l.easlng, renting of popertg md hoOadin& hlnwelf out RZ 

a Pull or part-time doeler In real setate, then suc!i 

person employed by sold owner rnety be 1Lcmeed as a nnlssam of' aald owner 3.f oald owner hro baen llamesd es a 

dealer in real 6stst6. 

“(3). The tam Vtedl ratate OsQlar* shpll al80 

fnclud6 any p6reon or coq36ny din tb6 bulins68 

of buying, mlllng, exchQn& lng, renting of 

poparty on hirs or ltu own account and holding hlnmeli 

3r ltsalf out as a f&ill or part-timn dealar in real 

eetatn. 

"(b). The term 'Real Eatat Salsanmn~ ahal‘L awan 

md include 6x1~ perem m company employed or mga&cru 

bg or in behalf of a licensed rim1 estate decnler to do 

3r deal in any act, aacs, or tranaactLona a& out and 

comprehended by the d6Slnltlon of a 'Real Fatatc lkalsrp 

In 3aotlon 2, Subreotion (Q) of thls Act. 

"(c) If the s6n84 require8 It, vorda in the present 

tense incluQ the ruturs t6n8e: in the nrrrcullne gmder, 

include the tetinlns or nsuMr gentler; in the alngulsr 

nmbar, Include the plural number; in phral number, 

include t5e singular nw&w; tmfls my bo rbad *or * : 

mi; (or’ mr.y be rc~d ‘cJIQ’. 
Honorable 8ldneyLemam, pi&p 3 

R3t3C. 5. The proviaionu of this Act ahall not 

apply to, and tha temos ‘Real YCaCato Datllar’ ana ‘Resl 

Eata* Salesmen, an above 6bflneU, shall not Lncluder 

“(a). A&y person or cosqmny vho, as owneb or 

losaw, hall perform any or the ecta set out in 

Sectton 2, Subdivision (a) with rcfarence to property 

owned or leased bar~theui, of to ths ropder tmpl3g-ees 

thered w:th roferenca to the property omnaci or ltased 

by such param or company vhere such ~acta &we parformsr! 

ln the regular ~course of, or a6 incldant. to, the mnggement of uuch proparty and the fnvnstxmnt timrein, unlear 

9cch person or compnny is engage4 In the bua~tna~s sf 

buyIn&, selling, ezcheutglng, leasing, or renting cf 

property adl ha- hlJMelf or irsalr out 8.s PI full or 

pert-tire8 dealer i.n reti eatate. 

“(b). Paraona netInS aa En atzLoneg f.n facti mdnr 

a duly cxecuIx?d pnver of sttorneg rrm th owner lwthorlzIng the final conuunrmatfon bg perScwmnc* of ring cmtrect 

fey the sale, leeslng, m exchange of ma1 estata; aeriricsa rendsred by fin attorney et lav, recaiver, tms~ec 

in bankPupt.cy, cdmInlat;rntor, or exet~tirr, “or an parson 

do- any of the acts ageclfled in Saothn 2, S,ubdivinLsn 

(a) of thic Act under order of any coert; a rrustae acting under R trust egrsanrent, dead of LX&, m will, c? 

ths regular salmlsd employees there&. 
Eonox-able Sldmg Latbalm,pflgtl4 

la, according k, Section Z(b), a pion or 

by a "l%emmed sleek% dealos and under 

section 6(f) an a@fc.atlon asl. a 1laloemn~8 lloer+e murt be 

accoupanlMI by a ver3Jled VFlttsn statement by the dsalar 

into whose eervice he 1s about to enter, certLf~glng that in 

his opinion tlm a+cant Is *nest, truthhl, and of good 

reputation. . ., . 

ve conclude that the aeowitlec Mvlaion of ths 

offics of tbit sacrotary of State 16 not autharired to lmuaa 

RealEatata Salhman~sllean15e to 

Y 

appUomt who iam to 

ahov that he its to be employed by a icansed Real %Mate 

Dealer. It vould follow t&t the employra of' one exempt 

under the Act rsml who holda no Real Rotate Dealer'e Llcsnoe, 

voold not be a propar subject far a sales~~s license. 

It 18 slnoercrly hoped that th9.s opinion wll.1 pro-fe 

of 80s~ eeelatmcn to you In adalnleterlnz the Act. 

very truly your8 

ATTOm '3ERERAL OP TKXAS 

OK BU 

APPROVZD OCT. 1.3, 1944 

(signed) CAM&S ASIiU!X 

FIRST ASSXYI’AWT ATTORR8Y OKRBRAL 

APPROVED O?INIQ?J oowu~ 

By B.W.B. ,chelman