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12-05-11 PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION TREC ADDENDUM FOR SALE OF OTHER PROPERTY BY BUYER EQUAL HOUSING OPPORTUNITY TO CONTRACT CONCERNING THE PROPERTY AT Address of Property A. The contract is contingent upon Buyer s receipt of the proceeds from the sale of Buyer s property at Address on or before the Contingency. If the Contingency is not satisfied or waived by Buyer by the above date the contract will terminate automatically and the earnest money will be refunded to Buyer. NOTICE The date inserted in this Paragraph should be no later than the Closing Date specified in Paragraph 9 of the contract. B. If Seller accepts a written offer to sell the Property Seller shall notify Buyer 1 of such acceptance AND 2 that Seller requires Buyer to waive the Contingency. Buyer must waive the Contingency on or before the day after Seller s notice to Buyer otherwise the contract will terminate automatically and the earnest money will be refunded to Buyer. C. Buyer may waive the Con....

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How to fill out the Forms Need For The Sale Of A Condo In Texas Trec online

Filling out the Forms Need For The Sale Of A Condo In Texas Trec can be simple when you follow a structured approach. This guide provides clear instructions to assist users in completing the form accurately and efficiently.

Follow the steps to complete the form correctly

  1. Click ‘Get Form’ button to obtain the form and open it in your online editor.
  2. Enter the address of the property being sold in the designated field. Make sure to double-check for accuracy as this is a critical component of the document.
  3. In the next section, indicate the address of the property the Buyer is selling. This ensures that the contract is contingent upon the successful sale of this property.
  4. Fill in the date by which the Buyer must receive proceeds from the sale of their property. Ensure this date is not later than the closing date specified in the contract.
  5. If the Seller accepts a written offer, they must notify the Buyer as explained in the form. Confirm that the Seller requires the Buyer to waive the contingency, and make a note of this requirement.
  6. If the Buyer decides to waive the contingency, they need to provide written notification to the Seller and deposit the additional earnest money required.
  7. Review all entries for accuracy and completeness, ensuring that all necessary fields are filled out properly.
  8. Finally, save your changes and choose any desired action, such as downloading, printing, or sharing the completed form.

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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

Disclosure Laws in Texas for Home SalesSeller disclosures in Texas are governed by Texas Property Code Section § 5.008. ... This form must be delivered to the buyer on or before the effective date of the property purchase contract.

Seller's Disclosure Statement for Residential Property (Form DSC-8000) Unlike most states, Missouri does not require the sellers of real estate to disclose information regarding a property's condition. Nonetheless, completing and providing a disclosure statement can help reassure potential buyers.

TREC promulgates the following six contracts: Unimproved Property Contract; One-to-Four-Family Residential Contract (Resale); New Home Contract (Incomplete Construction); New Home Contract (Complete Construction); Farm & Ranch Contract; and Residential Condominium Contract.

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.

Seller's Disclosure Notices are required in most Texas residential transactions. Many sellers mistakenly assume that if they never occupy the property, they are exempt from the disclosure requirement. Make sure your seller is truly exempt before deciding to omit the disclosure.

Most states require that you disclose known foundation issues in writing upfront to potential buyers. ... If you aren't upfront and honest with the buyer, they could come back at you later for selling a home with major concerns that you knew about but didn't disclose.

8. TREC has six (6) Promulgated contract forms. Please be sure you are using the correct form for the type of property: 1-4 Family Residential is for 1-4 UNITS; condominium contract form has specific condo requirements. Do not use the 1-4 Family for condos!

Which of the following transactions require a TREC OP-H - Seller's Disclosure of Property Condition, to be provided? When the transfer is the result of a divorce. When the transfer is from a professional investor in real estate. When the property is taken by a trustee in a bankruptcy.

"No Seller Disclosures" means that the seller is selling the property without disclosing any defects or facts that might be necessary for a buyer to make an informed decision.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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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
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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 WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
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