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2018 4.8 Satisfied (200 Votes)
2011 4.4 Satisfied (360 Votes)
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Right now the TREC contract is automatically assignable. You do NOT have to do anything special to it in order to assign your contract to someone else. In the first paragraph as "buyer name" you could put "name of company and/or assigns". But it's completely unnecessary and just causes alarm sometimes with the sellers.
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.
False. TREC's forms are public record, so they are available to anyone. However, the forms are primarily intended for use by real estate license holders, who are generally required to use these forms.
The Commission recently adopted changes to the following contract forms: Unimproved Property Contract. New Home Contract (Complete Construction) Notice of Buyer's Termination of Contract. Addendum Regarding Residential Leases.
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