Texas License Law
Texas real estate license holders are required to use TREC-promulgated forms when applicable. A license holder may use a different contract form only when:
AThe buyer or seller requests it
BA TREC-promulgated form does not exist for the specific transaction, or an attorney-drafted form is used✓ Correct
CThe transaction involves commercial property
DThe form is approved by the Texas Association of REALTORS
Explanation
TREC rules require license holders to use TREC-promulgated forms when they exist for the specific type of transaction. Exceptions exist when no TREC form is available for the transaction type, or when the parties use an attorney-prepared form. Commercial transactions and other specialized deals often use attorney-drafted contracts.
Related Texas Texas License Law Questions
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