Contracts
A Texas buyer in a new construction contract uses a builder's contract rather than a TREC promulgated form. The buyer's agent should advise the buyer to:
ASign the builder's contract without review since builders use standard forms
BHave an attorney review the contract since it is not a TREC-promulgated form and may contain one-sided provisions✓ Correct
CInsist only on the TREC form
DAccept the builder's form since TREC forms are required only for resale
Explanation
Builder's contracts are typically drafted by the builder's attorneys and may favor the builder. A buyer's agent should strongly recommend that the buyer have the contract reviewed by a real estate attorney before signing, as TREC promulgated protections may not be included.
Related Texas Contracts Questions
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