How many TREC promulgated contracts are there?

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 the Texas Real Estate Commission Residential real estate Purchase Agreement called?

One to Four Family Residential Contract (Resale) TREC.

Which of the following is a TREC promulgated contract?

Which of the following is a TREC-promulgated contract? Residential Condominium Contract.

What is paragraph 6 of the TREC contract?

Paragraph 6C of the One to Four Family Residential Contract (Resale) (TXR 1601) includes requirements for property surveys. This paragraph requires that the survey must be prepared by a registered professional land surveyor acceptable to the title company and the buyer's lender.

What are the 6 contracts promulgated by TREC?

Promulgated Contracts 1-4 Family Residential Contract (Resale) Residential Condominium Contract. Farm and Ranch Contract. Unimproved Property Contract. New Home Contracts.

Do real estate courses expire in Texas?

As a licensed agent or broker in Texas, you are required to take additional courses to renew your license every two years. There are two types of renewals you must be aware of: Sales Agent Apprentice Education (SAE) and Continuing Education (CE).

How do I reactivate my real estate license in Texas?

Texas. To renew your inactive real estate license in Texas you need to have your 18 hours of approved continuing education courses under your belt. The breakdown of the courses needs to include 8 hours of Texas Real Estate Commission legal courses and 10 hours of elective CE courses.

How many contract forms are currently promulgated by TREC quizlet?

Six contract forms are currently promulgated by TREC. The One to Four Family Residential Contract requires the survey to be acceptable to whom? The statement is TITLE COMPANY. Paragraph 6(c) requires the survey to be acceptable to the title company and also to any lender.

Get Trec Renewal Estate 2016-2024

Individual Renewal Form Information Sheet THIS FORM IS FOR THE TIMELY RENEWAL OF AN INDIVIDUAL REAL ESTATE LICENSE OR FOR RENEWAL OF A REAL ESTATE LICENSE THAT HAS BEEN EXPIRED LESS THAN SIX MONTHS. IT MAY BE USED TO RENEW EITHER A SALES AGENT OR BROKER LICENSE. Sales Agent BREAK DOWN OF FEES Timely Renewal Broker (Individual) Late Renewal Late Renewal (Expired more (Expired 90 days than 90 days, but less than 6 or less) months) Timely Renewal Late Renewal Late (Expired more Renewal than .

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