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Why That Broker is Asking You for a W-9
The IRS requires paperwork for certain payments you make to other people. If you don’t know when you’re required to use 1099s, W-9s, and...
Ernest Enriquez
Nov 27, 20181 min read
Assistance Animals and Landlords’ Insurance
Can Landlords Limit Certain Dog Breeds Because of Insurance? I manage a property with a no-pets policy and am in the process of leasing...
Ernest Enriquez
Nov 19, 20181 min read
What’s the Correct Way for the Seller to Terminate a Contract?
How to Give Notice Your Seller Is Terminating the Contract Listing brokers and agents ask the best way for the seller to terminate a...
Ernest Enriquez
Nov 15, 20181 min read
When Landowners May Need Permission to Access Their Own Private Property
Some landowners in Texas cannot access their landlocked property from a public road without crossing over private property owned by...
Ernest Enriquez
Nov 13, 20181 min read
Who Gets to Opt Out of Broker Responsibility Course?
If I’m a broker who’s exempt from continuing education requirements, do I still have to take the Broker Responsibility course? No. Texas...
Ernest Enriquez
Nov 12, 20181 min read
Get an Overview of New Tax Law
The National Association of REALTORS® published a four-video series about new tax laws for 2018. You’ll get guidance for individuals and...
Ernest Enriquez
Nov 5, 20181 min read
What are the Rules About Sponsored Luncheons That Offer CE?
Can a brokerage allow a mortgage company to sponsor a luncheon that offers CE for its agents? It depends. A mortgage company sponsoring...
Ernest Enriquez
Oct 31, 20181 min read
Help Landowners With Pumpkin Patches and Tree Farms Reduce Their Risk
Hunting, fishing, bird watching, pumpkin patches, and Christmas tree farms are just a few ways Texas landowners will open their property...
Ernest Enriquez
Oct 29, 20181 min read
What Happens When the Seller Can’t Find His Survey?
My client has a contract to purchase a home. The One to Four Family Residential Contract has Paragraph 6C(1) checked regarding the...
Ernest Enriquez
Oct 25, 20182 min read
Does Your Seller Have a Duty to Update a Disclosure With New Information?
What to Know if the Seller's Disclosure Needs to be Revised When your seller client fills out the Seller’s Disclosure Notice (TAR 1406),...
Ernest Enriquez
Oct 17, 20181 min read
What Fees Do You Owe When You Terminate an Agent’s Independent Contractor Agreement?
I’m a broker and I recently terminated the services of one of my agents who signed the TAR independent-contractor agreement. Which fees...
Ernest Enriquez
Oct 16, 20181 min read
What Does Well Water Have to Do With Your E&O Insurance?
By Chad Wenzelspratt, Lee Santos E&O Case Study: When the Well Water Isn’t Enough A real estate agent listed a home that received its...
Ernest Enriquez
Oct 15, 20182 min read
How to Create an Agency Relationship with a Buyer
Is having a signed written agreement, such as TAR’s Residential Buyer/Tenant Representation Agreement, the only way for a broker to...
Ernest Enriquez
Oct 10, 20181 min read
What “Non-Disclosure” Doesn’t Mean for Reporting Prices to the MLS
Do I have to report my client's sales price to the MLS? I heard that Texas is a non-disclosure state. MLS rules state that sales of...
Ernest Enriquez
Oct 9, 20181 min read
Can Your Seller Tell You Not to Cooperate With a Particular Firm?
My seller told me not to cooperate with a particular firm regarding her listing. Can the seller do that? Yes. While Article 3 of the Code...
Ernest Enriquez
Oct 8, 20181 min read
Quiz: Do You Need a Real Estate License To Do That?
Quiz: Is a Real Estate License Required? Test how familiar you are with the Texas Real Estate Commission’s rules for real estate...
Ernest Enriquez
Oct 5, 20181 min read
Can Offers of Compensation in the MLS Be Conditional?
From the Legal Hotline: MLS Offers We sometimes get calls about whether listing brokers can make offers of compensation listed in the MLS...
Ernest Enriquez
Oct 2, 20181 min read
When to use the Addendum for Back-Up Contract
A seller is under contract to sell his property. The Addendum for Sale of Other Property by Buyer is attached to the contract. A second...
Ernest Enriquez
Sep 25, 20181 min read
Why Disclosing Information About Lead-Based Paint is Important
What are the consequences if a seller, landlord, or agent fails to comply with lead-based paint disclosure requirements? A seller,...
Ernest Enriquez
Sep 18, 20181 min read
Lender-Required Repairs and Paragraph 7E
Contract Closeup: When the Lender Requires Repairs Even if the parties are happy with the condition of a property, the lender may want...
Ernest Enriquez
Sep 11, 20181 min read
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