- (a) No person may engage in business as a lessor or a lease facilitator unless that person has a currently valid license assigned by the division, or is otherwise exempt by law from obtaining such a license.
(b) Any person who facilitates leases on behalf of a lease facilitator must:
- (1) be on the lease facilitator's payroll and receive compensation in which Social Security, Federal Unemployment Tax, and all other appropriate taxes are withheld from the representative's paycheck and said taxes are paid to the proper taxing authority; and
- (2) have work details such as when, where, and how the final results are achieved, directed and controlled by the lease facilitator.
Source Note:The provisions of this §215.173 adopted to be effective February 11, 2010, 35 TexReg 883.