Contracts
In Texas, the TREC-required contract form for a condominium purchase is:
AOne to Four Family Residential Contract
BResidential Condominium Contract (Resale) — TREC Form 30-16✓ Correct
CCommercial Contract — Improved Property
DFarm and Ranch Contract
Explanation
TREC promulgates a separate Residential Condominium Contract (Resale) for use in condominium transactions, which includes provisions specific to condo ownership (HOA documents, assessment disclosures, etc.).
Related Texas Contracts Questions
- The Seller's Disclosure Notice (TREC OP-H) is NOT required for which type of Texas sale?
- In a Texas real estate transaction, earnest money that is not in dispute is released when:
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- When a TREC Residential Addendum for Seller's Disclosure of Information on Lead-Based Paint is required, it applies to:
- In a Texas real estate transaction, the 'closing' refers to:
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- The TREC contract requires the buyer to deliver the earnest money to the escrow agent within a specified number of days. If the buyer fails to deliver earnest money on time:
- The TREC One to Four Family Residential Contract includes a paragraph on 'title' that requires the seller to provide:
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