What is true of the special provisions paragraph in the TREC promulgated forms quizlet?

In a Residential Condominium Contract (Resale), the following is NOT an option for the Resale Certificate:

a. Buyer has not received the Certificate, but the seller must deliver the Certificate within ____ days after the effective date of the contract.

b. Buyer has received the Certificate.

c. Buyer has received seller's affidavit that the seller requested information from the Association as required by the Texas Property Code, and the Association did not provide a Certificate or information required. The buyer and seller agree to waive the requirement to furnish the certificate.

d. Buyer has not received the Certificate from the Assoication, and buyer requires seller to provide a bond in the amount of the purchase price.

Amendment-
none listed below....

1. Addendum For Sell Other Property by Buyer,
2. Addendum for Back - up Contract,
3. Addendum for Release of Liability on Assumed Loan and/or Restoration of Sellers VA Entitlement,
4. Addendum for Coastal Area Property,
5. ADDENDUM for Property located Seaboard of the Intercoastal Waterway,
6. Addendum for Property Subject to Mandatory Membership in an Owners Association,
7. Addendum For Reservation of Oil, Gas, and
Other Minerals,
8. Lead-based Addendum,
9. Non-Reality Items Addendum,
10. Short Sale Addendum,
11. Loan Assumption Addendum,
12. Third Party Financing Addendum for Credit Approval.
---
Anything other than above listed should NOT be included.

1. Unimproved Property Contract - Promulgated by TREC,
2. Addendum for Sale of the Property by Buyer - promulgated,
3. Addendum for Back up Contract - promulgated.
4. Addendum for Release of Liability on Assumed Loan and\or Restoration of Seller's VA VA Entitlement. - Promulgated
5. Seller's Temporary Residential Lease--Promulgated.-No more than 90 days after the closing use form.
6. Buyer's Temporary Resdential Lease-- promulgated. No more than 90 days.
7. New Home Contract Incomplete construction-. Promulgated.
8. New Home Contract - complete construction -. Promulgated
9. Farm and Ranch Contract -. Promulgated
10. Seller Financing Addendum -. Promulgated.
11. Environmental Assessment, Threatened or Endangered Species, and Wet Lands Addendum--. Promulgated,
12. Residential Condominium Contract Resale -. Promulgated.
13. Condominium resale certificate -.
Promulgated
14. Addendum for coastal area property -.
Promulgated,
15. Addendum for property located Seaward of the gulf intercoastal waterway -. Promulgated
16. Addendum for property subject to mandatory
membership in a property owners Association -. Promulgated
17. Subdivision information, including resale certificate for property subject to mandatory
membership in a property owners Association -. Promulgated
18. Notice of buyers termination of contract/.
Promulgated,
19. Amendment to contract -. Promulgated,
20. Third party financing addendum for credit approval -. Promulgated,
21. Loan assumption addendum -. Promulgated,
22. Addendum for reservation of oil - Gas other minerals -. Promulgated,
23. Short sale addendum -. Promulgated
24. Notice to prospective buyer -. Approved.
25. Sellers disclosure of property condition -. Approved.
26. Texas real estate consumer notice concerning hazards or deficiencies -. Approved,
27. Information about brokerage service -. Approved,
28. Lead base Addendum for sellers disclosure of information on lead-based paint and leg days a hazard as required by federal law -. Approved.
29. Nonrealty items addendum -. Approved
30. Disclosure of relationship with residential
service company -. Promulgated

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What are special provisions in real estate Texas?

Paragraph 11, Special Provisions, is included in the contract to allow the buyer and seller to. make factual statements and attend to business details that may arise in a sale and NOT covered. in the contract or TREC addendum; Texas REALTORS® has additional forms available too.

What is the purpose of promulgated forms in Texas?

Promulgated contract forms are forms that are both approved and required by the Texas Real Estate Commission. These will be used by agents and brokers alike during transactions to make the agreement's official.

Which of the following forms is not promulgated by the Texas Realtor commission?

TREC 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.

Who is responsible for filling in the effective date of the contract?

Who determines the effective date? The contract forms instruct the broker—either the listing broker or the buyer's broker—to fill in the final date of acceptance as the effective date.