星空体育app下载

The form revisions adopted by the Texas Real Estate Commission in early November are now available for voluntary use until February 1, 2023, when their use becomes mandatory. The only exception is the revised Notice to Prospective Buyer (星空体育app下载 57-0) form, which will remain a voluntary use form.

Revised Forms Available for Use

• Amendment (星空体育app下载 39-9)
• Farm and Ranch Contract (星空体育app下载 25-15)
• New Home Contract (Completed Construction) (星空体育app下载 24-18)
• New Home Contract (Incomplete Construction) (星空体育app下载 23-18)
• One to Four Family Residential Contract (Resale) (星空体育app下载 20-17)
• Residential Condominium Contract (Resale) (星空体育app下载 30-16)
• Unimproved Property Contract (星空体育app下载 9-16)
• Addendum for Property Subject to Mandatory Membership in a Property Owners Association (星空体育app下载 36-10)
• Addendum for Reservation of Oil, Gas and Other Minerals (星空体育app下载 44-3)
• Addendum Regarding Fixture Leases (星空体育app下载 52-1)
• Addendum Regarding Residential Leases (星空体育app下载 51-1)
• Loan Assumption Addendum (星空体育app下载 41-3)
• Seller Financing Addendum (星空体育app下载 26-8)
• Third Party Financing Addendum (星空体育app下载 40-10)

When Will Revised Forms Be Available Through Form聽Vendors?

星空体育app下载 is not affiliated with third-party form vendors, including聽zipForm. Any questions related to when 星空体育app下载 forms will be available in zipForm聽should be directed to Texas Realtors,聽or your other聽forms vendor.

How Did These Latest Form Changes Come About?

The Texas Real Estate Commission at its August 2022 meeting proposed form revisions recommended by the Texas Real Estate Broker-Lawyer Committee (BLC). After the revisions were proposed in August, the public had an opportunity to comment on all of the proposed changes, with 123 comments received.

The BLC met in October to discuss each comment individually. The committee made some non-substantive changes based on that feedback, and recommended the forms be adopted at the November 星空体育app下载 Meeting. The Commission adopted the revised forms, and their use becomes mandatory on February 1, 2023.

Form Revision Redlines

Redline forms that are available will be on their respective form pages linked above.

Why Does it Seem Like the Forms Always Change?

These aren鈥檛 static, simple contracts. The purpose of the BLC is to review contracts with an eye toward consumer protection and the current state of the industry in Texas. The BLC is an advisory body composed of six attorneys appointed by the president of the State Bar of Texas, six brokers appointed by 星空体育app下载, and one public member appointed by the governor. The last time 星空体育app下载 forms were revised was in 2020.

星空体育app下载 does not promulgate listing or buyer representation agreements, property management contracts, forms for commercial property, or residential leases (other than temporary residential leases used in connection with a sale). Contact your attorney or a real estate trade association for such forms. 星空体育app下载 is not involved in drafting real estate trade association forms, so all questions about or suggestions for these forms should be directed to the association.

Who Can Use 星空体育app下载 Forms?

Real estate license holders are required to use Texas Real Estate Commission forms. As public records, contract forms adopted by 星空体育app下载 are available to any person but are intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use. Mistakes in using a form may result in financial loss or a contract which is unenforceable.