Get Trec Amendment

The Trec Amendment is an essential document used in real estate transactions in Texas to modify existing contracts. This guide will help you navigate each section of the amendment form with confidence, ensuring that you complete it accurately and efficiently online.

Follow the steps to successfully complete your Trec Amendment online.

1. Press ‘Get Form’ button to access the Trec Amendment form and open it in your preferred editor.
2. In the first section, enter the address of the property involved in the contract, ensuring that you clearly state both the street address and the city.
3. Next, in the Sales Price section, fill in the applicable amounts: the cash portion that the buyer will pay at closing, the sum of any financing described in the contract, and the total sales price.
4. In the repairs section, specify any additional repairs and treatments needed, noting that these will be completed at the seller’s expense.
5. Update the date in Paragraph 9 of the original contract to reflect the new agreed-upon date.
6. Adjust the amount in Paragraph 12A(1)(b) of the contract to the revised figure.
7. In the lender-required repairs section, clarify who will cover the costs and write in the specified amounts for both the seller and the buyer.
8. If applicable, indicate any additional option fee paid by the buyer for an extension of the right to terminate the contract.
9. Specify if the additional option fee will be credited to the sales price or not.
10. Indicate whether the buyer is waiving the unrestricted right to terminate the contract.
11. Change the notice date required for financing approval in accordance with the previously set terms.
12. If there are any other modifications, enter them as factual statements relevant to the transaction.
13. Lastly, ensure that all parties have signed and dated the amendment in the appropriate sections.

Complete your Trec Amendment online now for a smooth real estate transaction!