First Substantive Communication
The moment the IABS notice becomes due: the first substantive communication with a party about a specific property.
Under TRELA Sec. 1101.558(b-1), at the time of a license holder's first substantive communication with a party relating to a proposed transaction regarding specific real property, the license holder must provide written notice in at least 10-point font describing how a broker can represent a party, the duties owed, and the license holder's contact details.
Sec. 1101.558(c) lists three exceptions: a residential lease of less than one year where no sale is being considered; a meeting with a party the license holder knows is represented by another license holder; and a communication at a property held open, concerning that property.
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- IABS (Information About Brokerage Services)
The TREC notice required at the first substantive communication about a proposed transaction involving specific real property.
- Client
The party a broker represents in a transaction, owed the duties that come with representation.
- Showing Without Representation
A limited property showing a broker may conduct without representing the party, added by SB 1968 effective January 1, 2026.
This definition is Texas real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.