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11 Resources to Reduce Your Risk
Working in real estate can be very rewarding, but it can also involve many risks. Thankfully, as a member of Texas REALTORS®, you have...
Ernest Enriquez
Nov 10, 20221 min read
TREC Mandates Forms Changes
The Texas Real Estate Commission met November 7 and approved changes to several forms, effective Feb. 1, 2023. Visit trec.texas.gov for...
Ernest Enriquez
Nov 9, 20225 min read
Your Forms: Residential Lease and Early Termination of Residential Lease
The Residential Lease (TXR 2001) ends on the agreed-upon expiration date except if renewed, extended by written agreement, or terminated...
Ernest Enriquez
Aug 21, 20221 min read
From the Hotline: Addendum for Property Subject to Mandatory Membership in a Property Owners Associa
Members have been asking about buyers’ ability to terminate contracts under the first two checkboxes of Paragraph A, Subdivision...
Ernest Enriquez
Aug 2, 20221 min read
Your Forms: Amendment to Listing
You can use the Amendment to Listing (TXR 1404) form to make changes to a listing agreement. The broker and seller can agree, effective...
Ernest Enriquez
Jun 28, 20221 min read
Get More From Your Dues
As a member of Texas REALTORS®, you reap the benefits of unparalleled advocacy. (Did you know Texas REALTORS® has fended off numerous...
Ernest Enriquez
May 22, 20222 min read
Understanding the Request for Mortgage Information Form
Your seller clients may use the Request for Mortgage Information (TXR 1413) when asking lienholders about loans, payments, prepayments,...
Ernest Enriquez
Jan 6, 20221 min read
From the Legal Hotline: Don’t Get Creative When Using Forms
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...
Ernest Enriquez
Aug 26, 20211 min read
TREC Adopts a New Form and Updates the Contracts
The Texas Real Estate Commission this week approved changes to the promulgated contracts and adopted a new form to comply with...
Ernest Enriquez
Aug 10, 20212 min read
How the Sales Price for a Farm or Ranch can Change Based on the Survey
Example: A buyer and seller agree on a sales price of $500,000 for a 100-acre parcel, and they agree that the price will be subject to...
Ernest Enriquez
Jun 7, 20212 min read
Who Can Use Which Forms?
Standardized forms are an essential part of Texas real estate. But do you know the difference between Texas Real Estate Commission forms...
Ernest Enriquez
May 12, 20211 min read
Your Forms: Registration Agreement Between Brokers
The Registration Agreement Between Brokers (TXR 2402) can be used to share or split a fee or commission when the property is not listed...
Ernest Enriquez
Mar 17, 20211 min read
New, Revised Forms Now Available
The Texas Real Estate Commission in November 2020 approved several changes to promulgated contract forms. The new and revised TREC...
Ernest Enriquez
Mar 7, 20211 min read
Effective April 1: Changes to Delivery of Option Fee
The Texas Real Estate Commission in November approved several changes to residential contract forms that go into effect April 1. The...
Ernest Enriquez
Jan 27, 20211 min read
Revised Consumer Protection Notice Effective February 1
The Texas Real Estate Commission in November approved changes to several forms. Among those was an amendment to the Consumer Protection...
Ernest Enriquez
Jan 26, 20211 min read
Vietnamese Translations of Forms Now Available
Texas REALTORS® now provides members exclusive access to Vietnamese translations of commonly used forms for informational purposes. Only...
Ernest Enriquez
Nov 4, 20201 min read
Not All Contract Deadlines Are Created Equal
“Time is of the essence” When this phrase accompanies a deadline in a contract, performance by party to the contract within the time...
Ernest Enriquez
Oct 5, 20201 min read
July 13 Deadline to Comment on Changes to TREC Forms
The Texas Real Estate Commission during its May meeting proposed several changes to the commission’s forms. The deadline to email...
Ernest Enriquez
Jun 22, 20201 min read
New COVID-19 Form for Members of Texas REALTORS®
The COVID-19 pandemic is causing unprecedented uncertainty for Texas real estate transactions. Voluntary and mandatory quarantines and...
Ernest Enriquez
Mar 22, 20201 min read
Who Owns the Listing Photos?
The Texas REALTORS® Legal Department created model policies to help you establish rights regarding ownership and use of photos. They are...
Ernest Enriquez
Mar 3, 20201 min read
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