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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.
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.
Do you have to use a TREC contract in Texas?
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.
What are the 6 contracts promulgated by TREC?
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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As public records, contract forms adopted by the Texas Real Estate Commission are available to any person. Real estate license holders are required to use ...
22 Tex. Admin. Code § 537.21 - Standard Contract Form ...
The Texas Real Estate Commission (Commission) adopts by reference standard contract form TREC No. 10-6 approved by the Commission in 2012 for use as an ...
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