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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 sellers, 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 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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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How many contracts has the Texas Real Estate Commission promulgated?

Fifteen contract forms are currently promulgated by TREC. The statement is FALSE. Six contract forms are currently promulgated by TREC. The One to Four Family Residential Contract requires the survey to be acceptable to whom?

How many contracts has the Texas Real Estate Commission has promulgated?

The answer is six. TREC promulgates the following six contracts: Unimproved Property Contract; One-to-Four-Family Residential Contract (Resale); New Home Contract (Incomplete Construction); New Home Contract (Complete Construction); Farm & Ranch Contract; and Residential Condominium Contract. All of these.

What is promulgated by TREC?

Course Overview. 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 agreement's official.

What are the six promulgated contract forms?

You will study these promulgated contracts: 1-4 Family Residential Contract (Resale) Residential Condominium Contract. Farm and Ranch Contract. Unimproved Property Contract. New Home Contracts.

Which entity prepares contract forms for TREC?

-License holders use contract forms prepared by the Texas Real Estate Broker-Lawyer Committee and adopted by TREC.

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Which of the following type of form is not promulgated by TREC?

TREC does not promulgate listing or buyer representation agreements, property management contracts, forms for commercial property, or residential leases (other than temporary residential leases used in connection with a sale).

Who drafts promulgated contracts in Texas?

As a licensed real estate agent, you will be required to write contracts using forms that are promulgated \u2014 or required \u2014 by the Texas Real Estate Commission (TREC).

Who promulgated contract forms in Texas?

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 agreement's official.

Does TREC have promulgated forms?

What are the six promulgated contract forms?

You will study these promulgated contracts: 1-4 Family Residential Contract (Resale) Residential Condominium Contract. Farm and Ranch Contract. Unimproved Property Contract. New Home Contracts.

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How many contracts has the Texas Real Estate Commission promulgated?

How many contracts has the Texas Real Estate Commission has promulgated?

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