S.B. No. 1353
 
 
 
 
AN ACT
  relating to certain claims against persons licensed as real estate
  brokers and salespersons.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 17.49, Business & Commerce Code, is
  amended by adding Subsection (i) to read as follows:
         (i)  Nothing in this subchapter shall apply to a claim
  against a person licensed as a broker or salesperson under Chapter
  1101, Occupations Code, arising from an act or omission by the
  person while acting as a broker or salesperson.  This exemption does
  not apply to:
               (1)  an express misrepresentation of a material fact
  that cannot be characterized as advice, judgment, or opinion;
               (2)  a failure to disclose information in violation of
  Section 17.46(b)(24); or
               (3)  an unconscionable action or course of action that
  cannot be characterized as advice, judgment, or opinion.
         SECTION 2.  Subsection (i), Section 17.49, Business &
  Commerce Code, as added by this Act, applies only to a claim arising
  from an act or omission that occurs on or after the effective date
  of this Act. A claim arising from an act or omission that occurred
  before the effective date of this Act is governed by the law in
  effect on the date the act or omission occurred, and the former law
  is continued in effect for that purpose.
         SECTION 3.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2011.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 1353 passed the Senate on
  April 20, 2011, by the following vote: Yeas 31, Nays 0; and that
  the Senate concurred in House amendment on May 17, 2011, by the
  following vote: Yeas 31, Nays 0.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 1353 passed the House, with
  amendment, on May 13, 2011, by the following vote: Yeas 138,
  Nays 0, one present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor