1. Parties. Use the full legal names of the buyer and seller. PARTIES: The parties to this contract are.(Seller) and. (Buyer). A One to Four Family Contract is used for single dwellings, duplex, triplex, quadruplex, and townhouses (when the land is owned fee simple) This means the buyer can terminate the contract for any reason or no reason at all. Share your videos with friends, family, and the world. In the state of Texas, you can wholesale properties using the TREC 1-4 Contract. Here is a video sharing what I have done before. Por lo tanto, es importante que lo aclares con el administrador de la propiedad antes de firmar cualquier contrato de arrendamiento. The Texas Eviction Diversion Program (TEDP) Set-Aside of the Texas.