Where to Send the Fee to Extend the Termination Option
Although the initial option fee should be sent to the title company, the fee to extend the terminati...
How Solar Panels Affect Transactions
Judy Jones listed a property with solar panels in Kennadale for a seller who had to move out of stat...
From the Legal Hotline: Don’t Get Creative When Using Forms
This hot market is leading to members getting creative with using forms. Remember that TREC Rule 537...
Fact or Fiction: Do Buyers Need a Reason For Using the Termination Option?
Buyers do not have to give a reason for terminating a contract under the termination option. Fact...
Answers to Your Questions About the Third Party and Appraisal Addenda
The hot seller’s market in Texas has created confusing situations involving financing and appraisa...
Lenders Can Shorten Temporary Leases
Congratulations! Your seller clients have sold their home, and the buyers are ready to take possessi...
What Fees are Covered in Paragraph C of HOA Addendum?
Association fees, deposits for reserves, and all other charges associated with transfer of a propert...
Will Home Warranties Cover Pre-Existing Conditions?
Will a residential service contract (sometimes referred to as a home warranty) cover known pre-exist...
Don’t Get Stumped on Tree Laws
If a tree crosses a property boundary in the state of Texas, whose responsibility is it: your client...
Help Clients Use the Addendum Concerning Right To Terminate Due to Lender’s Appraisal
The Addendum Concerning Right to Terminate Due to Lender’s Appraisal (TXR 1948, TREC 49-1) has thr...
What Seller’s Disclosure Rules Mean for You and Your Clients
Caveat emptor may have been the norm in residential real estate long ago, but today a buyer-beware a...
Fact or Fiction? Acting as Agent and Inspector
A person who is a licensed inspector and a licensed real estate agent may perform both services for ...
HUD Enforcing Protections for Sexual Orientation and Gender Identity
REALTORS® have been prohibited from housing discrimination based on sexual orientation and gender i...
Must Open House Signs Follow Advertising Rules?
Directional signs are not considered to be an advertisement under TREC Rule §535.155(b)(1) and ther...
How the Sales Price for a Farm or Ranch can Change Based on the Survey
Example: A buyer and seller agree on a sales price of $500,000 for a 100-acre parcel, and they ag...
Get Help With Appraisal and Third Party Financing Addenda
Learn the do’s and don’ts of using the Addendum Concerning Right to Terminate Due to Lender’s ...
How to Secure Compensation in FSBO Situations
My client wants to make an offer on a for-sale-by-owner property. What is the best way to approach t...
From the Hotline: Which County To Put in Listing Agreements
We have had callers who ask what they should insert into the blank in the Texas REALTORS® listing a...
Fact or Fiction: What Must a List of Recently Sold Homes Include?
Agents who include a list of recently sold homes in advertising must make it clear whether they had ...
Who Can Use Which Forms?
Standardized forms are an essential part of Texas real estate. But do you know the difference betwee...