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This addendum is used when a buyer has to sell their property first, in order to perform in their buy contract on another property. In some situations, this can be rough as a buyer because the seller is always going to want to go with the cleaner, easier sale.
39-8 is a form used by the Texas Real Estate Commission (TREC) for reporting a tenants notice of termination of a residential lease.
Course Overview Promulgated contract forms are forms that are both approved and required by the Texas Real Estate Commission. These will be used by agents and brokers alike during transactions to make the agreements official.
The Texas Broker-Lawyer Committee consists of six members appointed by TREC. They write and revise all contracts that TREC promulgates. Before TREC even considers a contract form for promulgation, the Broker-Lawyer Committee must identify a real estate transaction requiring a standardized contract.
Final answer: TREC promulgated forms are mandatory and created by TREC for standardized real estate transactions, while TREC approved forms meet TREC criteria but are optional and not regulated by TREC.
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There is no standard residential real estate contract in Texas, at least not in the sense that any particular form is required. Contract forms published by the Texas Real Estate Commission (TREC) and Texas Realtors (TXR) are commonly used; however, they are optional.

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