Revised forms now available in zipForm
12/21/2015 | Author: Editorial Staff
You may notice that some of the TAR and TREC forms in zipForm look a little different. That’s because they were revised, and the current versions were added to your zipForm Plus forms library. The revised forms will be mandatory to use January 1, but you can start using them now.
Want details about what changed?
- The Advice for Texas REALTORS® blog explains the TAR forms changes and provides highlights of the TREC forms changes
- The December 2015 edition of Texas REALTOR® magazine includes an article about the TREC forms changes that you can download and save as a poster
- Watch the latest Texas REALTOR® Magazine Minute, a 60-second video about the changes
- Attend TAR’s one-hour webinar “New Year, New Contracts (and Rules)” on January 13
How to avoid using outdated forms
A form in your saved zipForm templates automatically updates when revisions are made to that form. So, any new transaction started with a template will include the latest versions of all forms.
But if you copy an existing transaction to use as the basis for a new transaction, the forms attached to that new transaction might be out of date. Forms saved in existing transactions don’t update—and the copied transaction is seen as “existing” by zipForm, even after you save it with a new name.
To avoid risking using outdated forms, start a new transaction and then attach your saved template.
The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.
While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.