Liability Issues FAQ
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Yes. You should check the do-not-call list before soliciting such listings to avoid violating the law.
There is an exception to the do-not-call rules: If you have a prior business relationship with the owner that ended within 18 months, you can call him. This exception does not apply if the owner has asked your company to place his number on the company do-not-call list.
There are no do-not-knock or do-not-mail laws that would prohibit these methods of soliciting business, so you could consider sending a nicely worded letter to the owner or making a personal visit to the home.
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No. The legal fund is not a substitute for errors-and-omissions insurance. The Texas REALTORS® strongly encourages members to maintain E&O insurance.
There are many lawsuits in which a Texas REALTOR® may be involved that are not significant to Texas REALTORS® or the real estate industry as a whole. In fact, the Legal Review Committee recommends that a number of applications be denied each year.