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What Happens When a Contract Term is Left Blank?
What happens when a contract term is left blank? Some agents assume that it means the value in the blank is zero or that the term is not...
Ernest Enriquez
Nov 5, 20231 min read
Use This Form When Rejecting a Tenant’s Application
You have decided to reject a tenant’s application, now what? In this Legal Briefs video, Gabrielle Amaya, Texas REALTORS® Associate...
Ernest Enriquez
Oct 31, 20231 min read
Legal Briefs: Appraisals and Additional Right to Terminate
In the latest installment of the Texas REALTORS® Legal Briefs series, you’ll understand how the “additional right to terminate” paragraph...
Ernest Enriquez
Sep 21, 20231 min read
Understanding the Notice of Abandonment Form
A landlord can use the Notice of Abandonment (TXR 2224) form when a tenant has not paid the rent on time and the landlord believes the...
Ernest Enriquez
Aug 24, 20231 min read
When Should the Option Fee Be Released to the Seller?
We often get asked about when the option fee should be released to the seller when using the One to Four Family Residential Contract...
Ernest Enriquez
Aug 17, 20231 min read
Legal FAQ: MUD and Buyer Special Notices
I’ve heard that a seller whose home is located in a municipal utility district, or MUD, is required to give a buyer special notices. What...
Ernest Enriquez
Jul 23, 20232 min read
What Does My Client Do With These Checkboxes?
The Texas Real Estate Commission in November 2022 added checkboxes to the Seller’s Disclosures paragraph of the Unimproved Property...
Ernest Enriquez
Mar 28, 20231 min read
Spanish, Vietnamese Translations of Forms Updated
Several forms with Spanish and Vietnamese translations were recently revised. Texas REALTORS® has updated those translations to reflect...
Ernest Enriquez
Jan 29, 20231 min read
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
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