1. (a) Application for a lessor's or lease facilitator's license shall be on a form prescribed by the division, properly completed by the applicant, and shall be submitted with supporting documentation showing all information requested.

2. (b) The supporting documentation for a lessor's license shall include:

   1. (1) a letter of appointment for each lease facilitator or acceptable substitute as designated by the division;
   2. (2) a verification of the criminal background of each owner and officer of the applicant, if applicable;
   3. (3) the fee for the license as prescribed by law for each type of license required;
   4. (4) a copy of each assumed name certificate on file with the appropriate recording entity, such as the Office of the Secretary of State or the county clerk; and
   5. (5) a sample copy of the agreement between the lessor and a lessee.

3. (c) The supporting documentation for a lease facilitator's license shall include:

   1. (1) a letter of appointment from each lessor or acceptable substitute as designated by the division;
   2. (2) a verification of the criminal background of each owner and officer of the applicant, if applicable;
   3. (3) the fee for the license as prescribed by law for each type of license required;
   4. (4) a copy of each assumed name certificate on file with the appropriate recording entity, such as the Office of the Secretary of State or the county clerk;
   5. (5) a sample copy of the agreement between the lease facilitator and a lessee; and
   6. (6) a list of all lessors, including names and addresses, with whom any lease facilitator executes leases. This list must be updated in writing upon renewal of a license, and within ten days of the addition of any lessor to this list.

Source Note:The provisions of this §215.174 adopted to be effective February 11, 2010, 35 TexReg 883; amended to be effective August 2, 2012, 37 TexReg 5637.