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Paragraph 12 specifies the settlement and other expenses that Seller and Buyer agree to pay at or before closing. Paragraph 12A(1) lists the expenses payable by Seller, and Paragraph 12A(2) lists the expenses payable by Buyer.
Paragraph 9 A of the contract recites the following about closing: The closing of the sale will be on or before , 20, or within 7 days after objections made under Paragraph 6D have been cured or waived, whichever date is later (closing Date).
What information is required in paragraph 12 of the TREC One to Four Family Residential Contract? The answer is sellers contribution to buyers expenses.
Which paragraph of the TREC One to Four Family Residential Contract provides a breakdown of sellers and buyers expenses? paragraph 12.
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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What happens if an addendum is not referenced on the One to Four Family Residential Contract? A court may not accept the addendum as a part of the agreement.
Identify the names and addresses of both the buyer and the seller. Detail the price of the property and the terms of the purchase. Set the closing date and closing costs. Detail any taxes and other related costs, and establish which party is paying those costs.

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