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2016 4.8 Satisfied (164 Votes)
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Promulgate means to make known publicly. When TREC promulgates a contract, that means theyve made it official, or law. In other words, they require that particular form to be used by all agents in any relevant transaction. So how does TREC get from real estate transaction form to promulgated contract?
Description. All Texas real estate transactions are formalized using a standard suite of contracts known as the Promulgated Forms, and it is a core role of the real estate salesperson to guide their clients through the proper use of these forms to a successful and legally binding conclusion.
39-8 is a form used by the Texas Real Estate Commission (TREC) for reporting a tenants notice of termination of a residential lease.
Go to .trec.texas.gov/apps/license-holder-search to check your current license status.
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.
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