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  • Form 23-9 New Home Contract Incomplete Construction

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Contract Concerning PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC) Page of 9 090109 (Address of Property) NEW HOME CONTRACT (Incomplete Construction) EQUAL HOUSING OPPORTUNITY NOTICE: Not.

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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).

Under Paragraph 5(A), the option fee must be paid to the escrow agent along with the earnest money within three days after the effective date of the con- tract. The earnest money and option fee may be paid separately or combined in a single payment.

Description: This contract form is used for new homes where the construction has not yet been completed by the builder.

If Buyer gives notice of termination within the time prescribed, the Option Fee will not be refunded; however, any earnest money will be refunded to Buyer.

A home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. Home inspections are usually conducted by a home inspector who has the training and certifications to perform such inspections.

Why are improvements and accessories not addressed in paragraph 2 of the two TREC New Home Contracts? They are addressed in the Construction Documents which are attached by reference to the contract.

How is paragraph 3 different in the Farm and Ranch Contract from the other five contracts? Sales price can be adjusted after the effective date.

If the inspections reveal previously unknown defects that render the home undesirable in the eyes of the buyer, the buyer can exercise their termination option and walk away from the deal, losing only the option fee and the cost of the inspections.

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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