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This document is a residential real estate contract for the sale of a property located at 3839 Westmeadow Drive, Houston, TX. It outlines the agreement between the seller, Ginny Collier and Brad Dennis, and the buyer, PENSCO Trust Company Custodian FBO James C. Cahanin IRA. The contract details the property description, sales price of $60,000, financing options, earnest money deposit requirements, title policy provisions, inspection rights, closing procedures, and various legal obligations of both parties. It emphasizes compliance with Texas real estate regulations and includes clauses regarding property condition and potential disputes.

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Click ‘Get Form’ to open the TREC form in the editor.
Begin by filling in the 'Parties' section, entering the names of the seller and buyer as indicated.
In the 'Property' section, provide detailed information about the property, including land description and address.
Complete the 'Sales Price' section by entering both cash and financing amounts as applicable.
Fill out the 'Financing' section by checking relevant boxes for third-party financing, assumption, or seller financing.
Enter earnest money details in the corresponding section, specifying amounts and escrow agent information.
Review all sections for accuracy before saving your progress or signing electronically.

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What is the most common TREC complaint?

Every year, one of the top categories of complaints received by TREC is leasing and property management violations.

How many TREC promulgated forms are there?

They write and revise all contracts that TREC promulgates. Before TREC even considers a contract form for promulgation, the Broker-Lawyer Committee must identify a real estate transaction requiring a standardized contract. There are six main sales contracts that TREC promulgates.

What is a TREC form 39 8?

39-8 is a form used by the Texas Real Estate Commission (TREC) for reporting a tenants notice of termination of a residential lease.

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.

Is a realtor always required to use a promulgated TREC forms?

Brokers and Agents Must Use TREC Forms The use of TREC promulgated forms is mandatory only for brokers and agents. For othersparticularly those who have the assistance of a real estate attorneyrigid adherence to checking boxes on a limited standard form is entirely optional.