The seller agrees to sell and convey a certain piece of property to the buyer and the buyer agrees to buy from the seller the described piece of property. The contract also states that the monthly payments, interest rates, or other terms of some loans may be adjusted by the lender at or after closing. Other provisions of the contract include: the sales price, financing, title policy, and earnest money. The form also informs the parties that a real estate licensee cannot give legal advice and if there are any provisions within the contract which are not clearly understood, an attorney should be consulted.
Unimproved Property Contract In Spanish
State:
Texas
Control #:
TX-1056
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FAQ
Spanish Translation Real Estate Contracts The Texas Association of REALTORS® provides Spanish translations for informational purposes only. You can provide a Spanish translation to help explain the contract terms, but you should ensure that your client understands he must sign the English version.
As public records, contract forms adopted by the Texas Real Estate Commission are available to any person. Real estate license holders are required to use these forms. However, TREC contract forms are intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use.
Xas Legislature established the Texas Real Estate Commission (TREC) in 1949 to safeguard consumers in matters of real property transactions and valuation services.
Related Definitions Unimproved property means property upon which no residential, commercial, or other building has been built. Based on 24 documents. 24. Unimproved property means property upon which no residential, Based on 22 documents.
Description: This contract form is for property that does not have physical buildings, additions or fixtures on the land. It is generally used for property that has been platted (has a recorded Lot/Block legal description).