Contracts Course Added to TREC License Renewal Requirements Starting in 2021

Starting February 1, 2021, brokers and most sales agents will be required to complete at least 3 hou...

Beware of Fair-Housing Problems With Letters to Sellers

Buyers looking to gain an edge when making an offer for a property sometimes include a letter to the...

Fact or Fiction? Repairs in the Residential Sales Contract

Buyers who don’t want to accept a property as-is can ask their agent to check Paragraph 7D(2) in t...

Vietnamese Translations of Forms Now Available

Texas REALTORS® now provides members exclusive access to Vietnamese translations of commonly used f...

Farming Letters and the Code of Ethics

I am preparing a farming letter to solicit listings in a subdivision. What are the rules regarding a...

Can a Fee Be Charged for Broker Price Opinions?

Can I charge a fee to provide a broker price opinion or comparative market analysis to an owner, buy...

Does the Pet Agreement Pertain to Outside Pets?

The Pet Agreement (TXR 2004) pertains to all pets that the tenant keeps on the property, including i...

Not All Contract Deadlines Are Created Equal

"Time is of the essence" When this phrase accompanies a deadline in a contract, performance by part...

Legal FAQ: Extending the Option Period

It’s the last day of my buyer’s option period. The buyer and seller are still negotiating repair...

What is the Texas Eviction Diversion Program?

The Texas Supreme Court on September 25 established the Texas Eviction Diversion Program with fundin...

Share With Clients: GFIPs from Hurricane Harvey Set to Expire

The Federal Emergency Management Agency (FEMA) offers Group Flood Insurance Policies (GFIPs) to peop...

When Can Buyers Exercise the Termination Option in Their Backup Contract?

If your buyers have a backup contract with a termination option, Paragraph D of the Addendum for Bac...

Why You Might Suggest a Later Closing Date

There is a backlog of appraisals. REALTORS® across Texas are calling the Legal Hotline, asking what...

Texas Supreme Court Issues Order About Eviction Moratorium

Has the Texas Supreme Court issued any guidance on the Centers for Disease Control and Prevention's ...

Can an Associate Broker Call Himself "Broker" in an Ad?

No. An associated broker may not refer to himself as "broker" in an advertisement. According to the...

True or False? A Seller Always has to Accept a Full-Price Offer

My seller’s property was listed on the MLS for $150,000. A buyer made a full-price offer, but my c...

Are Tenants Automatically Protected From Eviction Under the CDC Eviction Moratorium?

No. Under the Centers for Disease Control and Prevention’s order, tenants who want to be protected...

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) is to b...

Brokers Being Threatened With Legal Action Over Websites

Real estate brokers in Texas are increasingly receiving threats of litigation regarding accessibilit...

What to Expect When You Call the Legal Hotline

Attorneys on the Texas REALTORS® Legal Hotline (800-873-9155) can help you with all manner of real ...