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From the Legal Hotline: How to Establish an Intermediary Relationship
We often receive questions about the proper way to establish an intermediary relationship. If a broker plans to represent both the...
Ernest Enriquez
Mar 18, 20191 min read
Can MLS Price Data Be Used in Advertising?
I’m sending a farming letter to a neighborhood where I’ve sold a home. Can I include the MLS sale price information of properties in the...
Ernest Enriquez
Mar 15, 20191 min read
Are Sellers Required to Make a Buyer’s Requested Repairs?
My seller client disagrees with the buyer’s inspector’s finding that an item needs to be repaired. Does a seller have to make the repairs...
Ernest Enriquez
Mar 13, 20191 min read
4 Good Reasons a Broker-Client Relationship Should Be in Writing
An agency relationship between a broker and a client can legally exist without a written document. However, there are four good reasons...
Ernest Enriquez
Mar 11, 20191 min read
What Brokers Can Promise When Soliciting New Agents
Can a broker solicit new sales agents by promising to provide them leads in exchange for a required payment? Yes. However, this activity...
Ernest Enriquez
Mar 5, 20191 min read
Insurance Coverage Beyond E&O for Real Estate Professionals
CRES Insurance, a Texas REALTORS® errors and omissions risk management partner, recommends that your brokerage’s policy cover the...
Ernest Enriquez
Feb 28, 20192 min read
From the Legal Hotline: Can A Terminated Contract Be Revived?
REALTORS sometimes ask if they can “bring a terminated contract back to life.” For example, if a buyer paid her option fee and provided...
Ernest Enriquez
Feb 19, 20191 min read
Do Brokers Have to File 1099s for Commissions and Referral Fees?
As a real estate broker, you should file 1099s for real estate commissions and referral fees or other compensation you pay to cooperating...
Ernest Enriquez
Feb 15, 20191 min read
5 Tips About the Seller’s Disclosure Notice That May Surprise You
A seller isn't required to disclose if a suicide occurred in a home or that a sex offender lives nearby. However, a seller might want to...
Ernest Enriquez
Feb 7, 20191 min read
Improvements to Your Legal Hotline
Now when you call the Texas REALTORS® Legal Hotline (512-480-8200), you don’t have to wait for a call back. Enter your TREC license...
Ernest Enriquez
Jan 31, 20191 min read
Commission Dispute? Here’s What You Need to Figure Out
If you and another REALTOR® disagree about who earned the commission in a sale, the decision of an arbitration panel will turn on which...
Ernest Enriquez
Jan 29, 20191 min read
What You Should Know Before Accepting a Bonus
Can an agent accept a bonus directly from a client without the approval of their broker? No. A sales agent can only receive compensation,...
Ernest Enriquez
Jan 17, 20191 min read
What Happens When the Closing Date Passes
Is the contract automatically terminated if the closing date has passed? No. Generally, once the closing date has passed, there are two...
Ernest Enriquez
Jan 15, 20191 min read
Your Free Guide to the One to Four Family Contract
Are you starting the new year as a new license holder? Or have you added a few agents to your brokerage who you need to train? These are...
Ernest Enriquez
Jan 10, 20191 min read
TREC Rule Change Shortens Time Requirements for Delegated Supervisors
At its November meeting, the Texas Real Estate Commission shortened the time span that determines whether a broker must designate someone...
Ernest Enriquez
Jan 8, 20191 min read
What are the Security Device Requirements for Rental Properties?
What type of locks are required for rental property? How often do those locks need to be rekeyed? What’s the liability for property...
Ernest Enriquez
Dec 20, 20181 min read
Is There A Difference Between Assistance, Service, and Emotional Support Animals?
Assistance animal is a blanket term that covers service animals and emotional support animals. When someone requests that you allow an...
Ernest Enriquez
Dec 19, 20181 min read
What the Residential Lease Says About Utilities
Who Pays the Electric Bill? Paragraph 11 in the Residential Lease (TAR 2001) covers the landlord’s and tenant’s obligations regarding a...
Ernest Enriquez
Dec 18, 20181 min read
5 New Members-Only Copyright Forms Available
The Texas REALTORS® Legal Department created model addenda and model policies to help you reduce your risk of being subject to copyright...
Ernest Enriquez
Dec 17, 20181 min read
Can Any Animal Be an Assistance Animal?
An assistance animal can be a service animal or an emotional support animal for a person with a disability. Landlords and property...
Ernest Enriquez
Dec 12, 20181 min read
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