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Trec no 9 12 2025

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The document is a Texas Real Estate Commission (TREC) promulgated Unimproved Property Contract outlining the terms and conditions for the sale of unimproved real estate. It details the parties involved, property description, sales price, earnest money requirements, title policy and survey obligations, property condition acceptance, closing procedures, and default remedies. The contract emphasizes legal disclosures required by Texas law and includes provisions for mediation and attorney's fees. It serves as a comprehensive agreement between the seller and buyer regarding the transaction.

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What are the four types of legal contracts in real estate?

Unimproved land is ripe for development and may have had some modifications and maintenance, but it lacks the basic facilities that improved land has, like utilities, water, infrastructure, buildings, etc. As such, unimproved land typically costs less to buy than improved land does.

What is the difference between a farm and ranch contract and an unimproved property contract?

The four types of real estate contracts include purchase agreements, assignment contracts, lease agreements, and power of attorney agreements. They can have some crossover with when theyre used and what they need to contain, but they have separate and distinct uses.

Can I write my own real estate contract in Texas?

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.

What contract do I use for vacant land in Texas?

Unimproved Property Contract (Form ID: 9-16): This contract form is for property that does not have physical buildings, additions or fixtures on the land. It is generally used for property that has been platted (has a recorded Lot/Block legal description).

What is a TREC unimproved property contract?

This contract form is for a property that does not have physical buildings, additions, or fixtures on the land. Example of a Lot/Block legal description. The other key distinction is that the unimproved property contract is generally used for property that has been platted.

unimproved land contract texas

Trec no 9 12 template Trec no 9 12 pdf Trec no 9 12 sample Trec no 9 12 texas Trec no 9 12 texas pdf TREC listing agreement form trec 1-4 TREC form 2406

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What does it mean when a property is unimproved?

By definition unimproved or raw land does not have added improvements. If you are planning to build, youll need to budget for a septic system or sewer hookup and utility connections. Plus, youll owe annual property taxes even if the land isnt improved. When considering a purchase of any land, do your homework.

Trec no 9 12 2025

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What are the four types of legal contracts in real estate?

What is the difference between a farm and ranch contract and an unimproved property contract?

Can I write my own real estate contract in Texas?

What contract do I use for vacant land in Texas?

What is a TREC unimproved property contract?

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What does it mean when a property is unimproved?

texas trec unimproved property

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