IABS (Information About Brokerage Services)
The TREC notice required at the first substantive communication about a proposed transaction involving specific real property.
Information About Brokerage Services is a statutory notice that explains how Texas brokerage relationships work, including representing a buyer, representing a seller, and acting as an intermediary. A license holder must provide the completed notice at the first substantive communication with a party about a proposed transaction involving specific real property.
The IABS notice is informational. It is not a contract and does not create representation by itself. TRELA contains limited exceptions, including specified open-house encounters and certain residential leases for less than one year when a sale is not being considered.
On the exam
Exam trap
Tested in
Texas Agency & Intermediary (9% of the exam)
From definition to recall
See this term inside a real exam question.
Pass Texas gives you Texas-specific practice, diagnostics across the 14 exam areas, Trap Library, Math Coach, offline access, and one $59.99 purchase. No subscription. No copied exam questions.
Try 5 free questionsRelated terms
- Intermediary
The Texas relationship in which one broker represents both the buyer and the seller in the same transaction with the written consent of both parties.
- TRELA (The Real Estate License Act)
The Texas statute, Occupations Code Chapter 1101, that governs real estate licensing and brokerage. License holders call it The Act.
- Sponsoring Broker
The Texas broker who sponsors a sales agent, supervises the agent's brokerage activity, and is responsible for the agent's acts.
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.