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The document is a New Home Contract for incomplete construction, promulgated by the Texas Real Estate Commission (TREC). It outlines the agreement between a seller and buyer regarding the sale of a property, including details on the parties involved, property description, sales price, financing options, earnest money deposit, title policy requirements, property condition inspections, closing procedures, and various legal obligations. The contract emphasizes compliance with Texas laws and includes provisions for dispute resolution and attorney's fees.

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Click ‘Get Form’ to open the new incomplete TREC search in the editor.
Begin by filling out the 'Parties' section, entering the names of the Seller and Buyer. Ensure accuracy as this information is crucial for contract validity.
In the 'Property' section, specify the lot, block, addition, city, and county details. If applicable, attach any additional descriptions in an exhibit.
Complete the 'Sales Price' section by detailing both cash and financing amounts. Make sure to check all relevant boxes under 'Financing' to indicate how the purchase will be funded.
Fill in the 'Earnest Money' field with the amount being deposited and specify the escrow agent's details.
Review all sections for completeness and accuracy before saving your progress. Utilize our platform’s features to sign or share your document as needed.

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