Learn how to properly fill out all of the residential listing contract documents and everything associated with it. All license holders' advertisements must include the license holder's name or team name.Notice Regarding Public Marketing: If the Property is publicly marketed, MLS rules require that. Real Estate Buyer Presentation: Step-By-Step (ROLEPLAY). DEFINITIONS: A. "Acquire" means to purchase or lease. B. "Closing" in a sale transaction means the date legal title to a property is conveyed to a purchaser. Want to know exactly how to fill out and explain the buyer's representation agreement as well as the associated addendum to all of your buyers? All your clients need to sign this form because it is a Texas Real Estate Commission requirement. Four (4) elements ensure a contract is legally binding according to laws in Texas. There must be a valid offer and acceptance of that offer in the document.