Contracts
The Texas One to Four Family Residential Contract (Resale) is a TREC-promulgated form. 'Promulgated' means:
ARecommended but not required
BMandated by TREC for use by licensees in applicable transactions✓ Correct
CCreated by the Texas Association of REALTORS® only
DOptional form available for download
Explanation
TREC-promulgated forms are mandatory contract forms that Texas licensees must use in covered transactions. TREC promulgates these forms under Texas Occupations Code § 1101.155.
Related Texas Contracts Questions
- In Texas, when a buyer uses the TREC Financing Addendum and fails to obtain loan approval by the deadline despite good faith efforts, the buyer may:
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