How To Use Residential Buyer/Tenant Representation Agreement–Short Form (TXR 1507)
The new Residential Buyer/Tenant Representation Agreement –Short Form is essentially two forms in ...
Fact or Fiction: Spending Limit on a Closing Gift?
A closing gift you give to a client must not exceed $50 in value. Fiction. There is no Texas Re...
Understanding the Texas Uniform Condominium Act
Did you know that your clients can be forced to sell their condominium because other unit owners agr...
What Minimum Services Are Required of You in a Real Estate Transaction?
The Real Estate License Act contains provisions that impose requirements on all brokers and agents r...
11 Resources to Reduce Your Risk
Working in real estate can be very rewarding, but it can also involve many risks. Thankfully, as a m...
Legal FAQ: Can a Buyer Change Financing?
A seller accepted a contract with conventional financing and a full appraisal waiver. The buyer now ...
Fact or Fiction: Do Inspectors Have to Determine the Presence of Mold?
A real estate inspector is not required to determine the presence or risk of mold. Fact. The Texa...
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 ...
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...
Can a Seller Instruct You to Not Cooperate?
My seller told me to not cooperate with a particular firm regarding her listing. Can the seller do t...
Fact or Fiction? Your Social Media Accounts Must Link to Consumer Notices
Fact or fiction? If you use your social media accounts for real estate business, the Texas Real Esta...
Answers to Your Legal Hotline Questions
What do REALTORS® really want to know when they call the Texas REALTORS® Legal Hotline? Associatio...
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...
Can a Seller or Listing Agent Refuse to Receive the Inspection Report?
No. Despite the request, it is up to your buyers whether they would like to send a copy of the inspe...
Can Your Seller Tell You Not to Cooperate With a Particular Firm?
My seller told me not to cooperate with a particular firm regarding her listing. Can the seller do t...
Will the Fridge Convey if it Wasn't In the Contract?
If the MLS listing said the refrigerator conveys but the contract didn’t include it, is the seller...
Can My Agent Work Part Time for a Builder?
One of the agents I sponsor wants to also work part time selling homes for a local home builder. Are...
What to do when your client wants to sell her house with an auction
My client wants to hold an auction to sell her house. Since I’m a licensed real estate agent, can ...
Does granting a commercial buyer’s feasibility study period and inspection rights obligate a seller to make repairs?
My client submitted an offer for a commercial property using the Commercial Contract—Improved Prop...
Can a landlord require a photo ID with rental applications?
The landlord for the property I manage wants all potential tenants to submit a photo ID with their l...
Who should be the point of contact for notices?
Whose contact information should be written in Paragraph 21 of TREC contracts to receive notices? Th...
Who gets the security deposit if you don’t manage the property anymore?
As a property manager, I maintain a trust account for tenants’ security deposits. The landlord ter...
Can a listing broker put a conditional offer in the MLS?
I saw a listing in the MLS that offered compensation for cooperating brokers of that MLS. The listin...