In a Residential Condominium Contract (Resale), the following is NOT an option for the Resale Certificate: Show 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- 1. Addendum For Sell Other Property by Buyer, 1. Unimproved Property Contract - Promulgated by TREC, Sets with similar termsRecommended textbook solutionsSocial Psychology10th EditionElliot Aronson, Robin M. Akert, Samuel R. Sommers, Timothy D. Wilson 525 solutions HDEV56th EditionSpencer A. Rathus 380 solutions Introductory Business Statistics1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean 2,174 solutions Human Resource Management15th EditionJohn David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine 249 solutions 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.
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