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Who pays for the condominium documents?
Paragraph 2B(2) of the Residential Condominium Contract (Resale) (1605, TREC 30-13) details what happens if a buyer hasn’t received the...
Ernest Enriquez
Apr 23, 20181 min read
How your client can exclude from taxable income some of the gain on the sale of his home
My client bought his home a few years ago. Now he wants to sell it and take advantage of the tax exclusion of up to $250,000 on the...
Ernest Enriquez
Apr 17, 20181 min read
Want to withdraw an offer? There’s now a form for that
As a Texas REALTOR®, you have a new form you and your clients can use to withdraw an offer or counteroffer. Notice of Withdrawal of Offer...
Ernest Enriquez
Apr 11, 20181 min read
Using the term “REALTOR®” in your business name
Can I use the term "REALTOR®" as part of my firm’s name? No. The term REALTOR® can only be used in connection with—not part of—a firm’s...
Ernest Enriquez
Apr 6, 20181 min read
Can you answer these questions of fairness?
Fair housing is a simple concept, but real-life scenarios can make following the rules complicated. Answer these questions to see how...
Ernest Enriquez
Apr 3, 20182 min read
The REALTOR® trademark and website domains
Can I use the term "REALTOR®" as part of my website’s domain name? Yes, but only in connection with your personal name or firm name. The...
Ernest Enriquez
Apr 2, 20181 min read
What NAR says about using the term “REALTOR®” with team names
Can I use the term "REALTOR®" in connection with my team name? No. While the term may be used in connection with your personal name and...
Ernest Enriquez
Mar 29, 20181 min read
Who has to be involved in commission negotiations?
Can a Sales Agent Negotiate Commission Directly With a Client Without Their Broker's Knowledge or Involvement? No. Commission...
Ernest Enriquez
Mar 26, 20181 min read
Four new commercial forms adopted; 10 others revised
A commercial forms task force recently proposed updated and new forms to better serve Texas REALTORS® and their clients. After feedback...
Ernest Enriquez
Mar 23, 20181 min read
What to do when your client wants to sell her house with an auction
My client wants to hold an auction to sell her house. Since I’m a licensed real estate agent, can I call the auction? No. You must be...
Ernest Enriquez
Mar 22, 20181 min read
Has Zillow or Trulia contacted you about sale-price data?
Texas REALTORS® are receiving requests from Trulia to provide sold data. If you’ve received such a request from Trulia or any party other...
Ernest Enriquez
Mar 14, 20181 min read
What to do when no TREC form exists
Since TREC doesn’t offer a residential lease or commercial contracts, can my brokerage’s in-house attorney draft those forms? Texas Real...
Ernest Enriquez
Mar 13, 20181 min read
Are you one of the 24,733?
Six attorneys for the association answered 24,733 calls on the Legal Hotline in 2017. The hotline (512-480-8200) is only for Texas...
Ernest Enriquez
Mar 12, 20181 min read
How to prepare an offer with requests for repairs and contribution to closing costs
My buyer client wants to include in her initial offer a requirement that the seller repair a specific item listed in the seller’s...
Ernest Enriquez
Mar 7, 20181 min read
Updates to TREC forms and explanations of what the changes mean
The Texas Real Estate Commission adopted two new forms and revised six others at its February meeting. Use of these forms is voluntary...
Ernest Enriquez
Mar 5, 20181 min read
What you should know about advertising your team
The Texas Real Estate Commission in November revised its advertising rules, which go into effect May 15. The January/February issue of...
Ernest Enriquez
Feb 26, 20181 min read
TREC reconsiders restricting term “realty” in team advertising
The Texas Real Estate Commission is now publicizing that it intends to propose a change to recently adopted advertising rules. The...
Ernest Enriquez
Feb 22, 20181 min read
Fact or fiction? Your social media accounts must link to consumer notices
Fact or fiction? If you use your social media accounts for real estate business, the Texas Real Estate Commission requires you to have a...
Ernest Enriquez
Feb 20, 20181 min read
TREC clarifies exceptions to mandatory use of contract forms
In November, the Texas Real Estate Commission adopted changes to Section 537.11 of its rules, Use of Standard Contract Forms, which takes...
Ernest Enriquez
Feb 2, 20182 min read
1 of these 2 words must be in your team name starting May 15
The Texas Real Estate Commission’s revised advertising rules go into effect May 15, and that means new requirements for team names. The...
Ernest Enriquez
Jan 31, 20181 min read
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