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PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC) EQUAL HOUSING OPPORTUNITY 111814 ADDENDUM FOR RESERVATION OF OIL, GAS, AND OTHER MINERALS ADDENDUM TO CONTRACT CONCERNING THE PROPERTY AT (Street.

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0:00 5:10 Suggested clip The Contingency Addendum - TREC 1908 - YouTubeYouTubeStart of suggested clipEnd of suggested clip The Contingency Addendum - TREC 1908 - YouTube

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.

What warning is found in Paragraph D of the Sale of Other Property Addendum? Buyers shouldn't waive the contingency unless they are certain they can close.

Contracts in Texas are freely assignable unless they specify otherwise, and there's nothing in the TREC form to prohibit you from assigning it if you're just flipping the contract. ...

False. TREC's forms are public record, so they are available to anyone. However, the forms are primarily intended for use by real estate license holders, who are generally required to use these forms.

Complete the addendum, including your name, the purchaser's name and a description of the property. Include the type of financing that you are providing, such as first mortgage, second mortgage or deed of trust. List the terms of the loan.

When the Seller Receives Other Offers Part of the negotiation process for contingent contracts is whether sellers can cancel purchase agreements if they receive another offer. The seller typically retains the right to continue marketing the property, regardless of the option that's agreed upon.

0:21 3:35 Suggested clip 2013: Part 1 of 2: Contingency for Sale or Purchase of Other PropertyYouTubeStart of suggested clipEnd of suggested clip 2013: Part 1 of 2: Contingency for Sale or Purchase of Other Property

Agents are licensed salespersons. They aren't real estate brokers. A real estate agent cannot work independently, they must work for an employing broker. Brokers are responsible for their real estate agents' actions.

This Addendum is used when the Seller reserves all or a portion of the Mineral Estate.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232