The COVID-19 pandemic is causing unprecedented uncertainty for Texas real estate transactions. Voluntary and mandatory quarantines and the closure of government and private offices may impede the ability of parties to successfully fund and close transactions.
To address these uncertainties, Texas REALTORS®️ has created the COVID-19 Addendum (TXR-2520) (login required). The COVID-19 Addendum provides for a 30-day extension of the closing date in a residential sales contract if the closing cannot occur due to a voluntary or mandatory COVID19 quarantine or closure.Download the Form
Texas REALTORS® has also created and continues to update legal FAQs specific to the current COVID-19 outbreak and how it affects Texas real estate.