People also ask
What does Trela stand for in real estate?
TRELA AcronymDefinitionTRELAThe Real Estate License Act (Texas)
What is the primary purpose of the Texas Real Estate Commission TREC )?
The purpose of the Texas Real Estate Commission is to protect the public through regulation of licensed real estate brokerage practitioners, real estate inspectors, residential service companies, and entities offering timeshare interests.
What is the main function of TREC?
TREC implements the laws passed by the Texas Legislature through the rulemaking process. Additionally, TREC educates, licenses, and disciplines license holders\u2014no more, and no less.
Can I write my own real estate contract in Texas?
Yes. The contract forms are available for public use. A TREC contract form, however, is intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use.
What is the purpose of the rules of the Texas Real Estate Commission?
TREC has the authority to adopt administrative rules to provide specificity to provisions of the Acts. TREC may also adopt rules to establish a policy regarding certain practices. Both the Acts and TREC rules are a great resource for helping consumers know what to expect from a real estate service provider.
trec texas real estate contract 20 13 40 7