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Texas Comptroller Form 50-162 — Appointment of Agent for Property Tax Matters

This form is for use by a property owner in designating a lessee or other person to act as the owner's agent in property tax matters. You should read all applicable law and rules carefully, including Tax Code Section 1.111 and Comptroller Rule 9.3044. This designation will not take effect until filed with the appropriate appraisal district. Once effective, this designation will be in effect until the earlier of (1) the date of a written revocation filed with the appraisal district by the owner or the owner's designated agent, or (2) the expiration date, if any, designated below.

Appraisal District: – Appraisal District

Step 1 — Owner's name and address:
Name: –
Address: –

Step 2 — Property for which authority is granted: ☑ All property listed for me at the above address.

Step 3 — Agent identified:
Name: TruRate LLC   Phone: 832-334-2355
Address: 1159 W 18 St, Houston, Texas 77008

Step 4 — Agent's authority: ☑ All property tax matters concerning the property identified. The agent identified above is authorized to receive confidential information pursuant to Tax Code Sections 11.48(b)(2), 22.27(b)(2), 23.123(c)(2), 23.126(c)(2) and 23.45(b)(2): Yes. I hereby direct the appraisal district, appraisal review board, and each taxing unit to deliver all communications to the agent identified above. ☑ All communications from the chief appraiser. ☑ All communications from the appraisal review board.

Step 5 — Date agent's authority ends: Pursuant to Tax Code Section 1.111(c), this designation remains in effect until a written revocation is filed with the appraisal district by the property owner or the owner's designated agent.

Step 6 — Identification, signature, and date: The individual signing this form is the property owner. By signing below, I confirm that I am the property owner or authorized agent and that the information provided is accurate. If you make a false statement on this form, you could be found guilty of a Class A misdemeanor or a state jail felony under Penal Code Section 37.10.

Printed name: –   Date: –

Property Tax Consulting Agreement

This Property Tax Consulting Agreement ("Agreement") is entered into by and between TruRate LLC ("TruRate") and the client identified in the signature block below ("Client"). Client represents and warrants that Client is either the Property Owner or the duly authorized agent or manager of the Property Owner, with full authority to enter into this Agreement on the Property Owner’s behalf.

Client: – · Property: – · Date: –

1. Definitions

For purposes of this Agreement, the following terms shall have the meanings set forth below:

"Appraisal District" means the county appraisal district responsible for appraising property for ad valorem tax purposes.

"ARB" means the Appraisal Review Board for the applicable Appraisal District.

"Consulting Services" means the property-tax consulting services described in Section 2.

"Final Taxable Value" means the taxable value determined after completion of the protest process for the relevant tax year.

"Property" means the real property identified in the signature block below, together with any property later added under Section 8.

"Property Owner" means the legal owner of the real property identified by the Client and covered by this Agreement, including any successors, assigns, or authorized agents of such owner.

"Notice Taxable Value" means the initial taxable value shown on the Notice of Appraised Value issued by the Appraisal District for the relevant tax year.

"Tax Savings" means the difference between taxes owed based on the Notice Taxable Value and the Final Taxable Value, calculated using the formula described in Section 7.

2. Scope of Services

TruRate is engaged to represent Client’s property through the informal and formal protest process before the Appraisal District and/or the ARB for purposes of determining the annual appraised value. Client hereby designates TruRate as its authorized property representative for all purposes permitted under the Texas Property Tax Code with respect to the property or properties covered by this Agreement.

3. Excluded Services

The Consulting Services do not include, and TruRate shall have no obligation to provide, any of the following: (a) obtaining, preparing, or reviewing exemptions, other than any courtesy exemption check TruRate elects to provide at no charge; (b) representation in any appeal or proceeding before a District Court; (c) representation in Binding Arbitration; (d) legal advice or opinions; or (e) any activity constituting the practice of law under Texas law.

4. No Legal Advice; No Attorney-Client Relationship

Client acknowledges and agrees that TruRate is not a law firm and is not acting as legal counsel to Client or the Property Owner. No attorney-client relationship is created by this Agreement or through any communication with TruRate. Client shall not rely upon TruRate for legal advice regarding any property-tax matter or any other matter.

5. Authority and Discretion

Client authorizes TruRate to select a qualified property tax consultant to act on Client’s behalf. Client further authorizes TruRate and any consultant designated by TruRate to sign and file protest forms and related documentation, present evidence to the Appraisal District and/or ARB, and to settle or withdraw any protest at any time, in TruRate’s sole and absolute discretion.

Client acknowledges and agrees that TruRate’s discretionary decisions with respect to all matters related to the Consulting Services shall be final and binding.

6. Client Obligations

Client shall reasonably cooperate with TruRate and shall timely provide all information and documentation requested by TruRate. TruRate shall not be responsible for any delay, deficiency, or inability to represent Client caused by Client’s failure to timely provide necessary information.

7. Fees and Compensation

TruRate shall be entitled to receive twenty-five percent (25%) of all Tax Savings attributable to TruRate’s efforts for the applicable tax year. A fee is earned separately for each tax year in which Tax Savings are obtained.

Fee calculation formula: (Notice Taxable Value − Final Taxable Value) ÷ 100 × (Current Year Actual Tax Rate per $100 of value) × 0.25.

All invoices issued under this Agreement shall be paid within thirty (30) days of issuance. Payment may be made to the address provided by TruRate or through TruRate’s online portal.

Any amount not paid when due bears interest from the due date at one and one-half percent (1.5%) per month, or the maximum rate permitted by Texas law, whichever is less. Client shall reimburse TruRate’s reasonable costs of collection, including attorney’s fees.

8. Term and Termination

This Agreement shall remain in effect for all future tax years unless terminated in writing by either party. Client may add or remove properties from this Agreement at any time by written notice referencing this Agreement. Any added properties shall automatically become subject to the terms of this Agreement unless otherwise agreed in writing.

Termination is effective upon receipt of written notice and applies prospectively only. Termination does not affect a protest already filed for the then-current tax year, and TruRate remains entitled to its fee for any tax year in which Tax Savings are obtained through a protest filed before the effective date of termination.

9. Sale or Transfer of the Property

Client shall notify TruRate promptly if the Property is sold or transferred. Client remains responsible for fees earned under Section 7 for any tax year in which a protest was filed on the Property before the date of transfer, regardless of whether Client or a subsequent owner receives the benefit of the reduced value.

10. Electronic Signatures and Records

Client consents to conduct this transaction by electronic means. An electronic signature applied by Client through TruRate’s website, and any record delivered by email, has the same legal effect as a handwritten signature and a paper record under the Texas Uniform Electronic Transactions Act. Client may request a paper copy of any signed document at any time at no charge.

11. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY LAW, TRURATE SHALL NOT BE LIABLE FOR ANY INDIRECT, CONSEQUENTIAL, SPECIAL, EXEMPLARY, PUNITIVE, OR INCIDENTAL DAMAGES. TRURATE’S LIABILITY UNDER THIS AGREEMENT SHALL BE LIMITED SOLELY TO DIRECT DAMAGES, AND IN NO EVENT SHALL TRURATE’S TOTAL AGGREGATE LIABILITY EXCEED THE TOTAL FEES PAID BY CLIENT UNDER THIS AGREEMENT DURING THE TWELVE (12) MONTH PERIOD PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

12. Jury Trial Waiver

Each party knowingly and voluntarily waives any right to a trial by jury in any legal proceeding arising out of or related to this Agreement.

13. Miscellaneous

This Agreement shall be governed by and construed in accordance with the laws of the State of Texas. This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements or understandings. Any amendment must be in writing and signed by both parties.

Notices under this Agreement may be given by email: to TruRate at agent@truratetexas.com, and to Client at the email address provided by Client at sign-up or in the signature block. Notice by email is effective on the date sent, absent a delivery failure.