(BROKER: FILL IN THE DATE OF FINAL ACCEPTANCE.) Buyer. Seller. Buyer. Seller. In this video, we're going to walk step-by-step through the 10 pages of the TREC One to Four Residential Resale Contract (Form No.You need to enter into a written contract, which starts with your written proposal. When a party makes an offer for real estate, the acceptance must be in writing in order to comply with the Statute of Frauds. The TREC unimproved property contract is one of the most important contract forms in Texas. But do you know when to use it? In Texas, the elements of a valid contract are: • An offer. • Acceptance in strict compliance with the terms of the offer.