Is the TREC HOA Addendum costing Sellers more?
The new TREC Addendum for Property Subject to Mandatory Membership in a PropertyOwners Association combines two paragraphs in the previous version which canpotentially cost the
The new TREC Addendum for Property Subject to Mandatory Membership in a PropertyOwners Association combines two paragraphs in the previous version which canpotentially cost the
The new Trec Contract requires Earnest Money and Option Fee to be payable anddelivered to the Escrow Agent. Delivery can be either via check, wire
In November 2020, Trec approved changes to the One-to-Four Family Residential Contract that clarify contract terms that were unclear in the role escrow plays in
What is the purpose of a Homestead Exemption? As one of the largest ongoing expenses related to owning real estate in Texas, the savings related
Paragraph 3 in TREC’s One to Four Family Residential Contract is known as the “money paragraph” and has caused some confusion among realtors over the
Paragraph 4 of TREC One to Four Family Residential Contract is an important section to understand. Paragraph 4 is known as the License Disclosure “section”
Paragraph 2 (Property) is a very important section to understand in TREC’s One to Four Family Residential Contract. Paragraph 2 pertains to the legal description
These basic housekeeping efforts should be addressed before filling in Paragraph 1 (Parties) in TREC’s One to Four Family Residential Contract. TREC promulgates six sales
Paragraph 5 of the TREC One to Four Family Residential Contract relates to earnest money and has been the culprit for misinterpretation and confusion among
Paragraph 6 (D) is one of the most misunderstood sections in the TREC One to Four Family Residential Contract. License holders use this section to
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