A seller accepted a contract with conventional financing and a full appraisal waiver. The buyer now wants to switch to FHA/VA financing....

Members mistakenly believe that property investors are exempt from the requirement to provide a seller’s disclosure because the investors...

Texas REALTORS® has proposed new forms and revisions to many existing commercial, residential, and farm & ranch forms. You are encouraged...

I’m hearing on the Legal Hotline from members who want to know if the holdover provision in leases is for the tenant’s use if the tenant...

Are property management companies subject to the EPA's lead renovation, repair, and painting rule? Yes. The Environmental Protection...

Some buyers may not know what happens after signing a backup contract on a property. The Addendum for "Back-Up" Contract (TXR 1909, TREC...

On March 24, the Texas Supreme Court will hear oral arguments in a case posing the question of who determines ownership of water rights...

My buyer clients and the sellers agreed to and signed a contract on a property. However, my clients changed their mind and no longer want...

Your seller clients may use the Request for Mortgage Information (TXR 1413) when asking lienholders about loans, payments, prepayments,...

When calculating deadlines, TREC and Texas REALTORS® contracts use calendar days, not business days. Although calculating deadlines for...

A real estate inspector is not required to determine the presence or risk of mold. Fact. The Texas Real Estate Commission’s standards of...

During the 87th Texas Legislature, a change in law passed that requires landlords to give notice to prospective residential tenants if...

Agents who are sponsored by business entity brokerages have called to ask if they must include the designated broker’s name in their...

You may call them coming-soon listings, pocket listings, or something else, but many in the real estate industry call them a problem. To...

The 2017 Tax Cuts and Jobs Act included a controversial change: a $10,000 cap on an individual’s itemized deductions for state and local...

Although the initial option fee should be sent to the title company, the fee to extend the termination option should be delivered...

Judy Jones listed a property with solar panels in Kennadale for a seller who had to move out of state due to a catastrophic accident. The...

This hot market is leading to members getting creative with using forms. Remember that TREC Rule 537.11(a) requires you to use only the...

Buyers do not have to give a reason for terminating a contract under the termination option. Fact. Though buyers must provide written...

The hot seller’s market in Texas has created confusing situations involving financing and appraisals. To answer your questions about...