License holders have two requirements under Section 1101.558, Representation Disclosure, of The Real Estate License Act:
• To disclose which party they represent to other parties or license holders who represent another party in a proposed real estate transaction
• To provide information about brokerage services to prospective buyers, sellers, tenants, and landlords.
The first requirement is a disclosure, which can be provided orally or in writing. The second requirement is a written notice, which must be provided to prospective parties to a proposed transaction for a property through the Information About Brokerage Servicesform promulgated by the Texas Real Estate Commission.