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Offer to Purchase Real Estate INSTRUCTIONS: This form is nonbinding, and represents only an invitation to negotiate. It may be a useful negotiating tool to establish expectations of price and basic
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A Lease-Purchase Contract, also known as a Lease Purchase Agreement, is the heart of ... a traditional route, people whose circumstances will not allow them to receive a mortgage should abstain from rent-to-own real estate agreements.
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FAQ

Six contract forms are currently promulgated by TREC.

Promulgated contract forms are forms that are both approved and required by the Texas Real Estate Commission. These will be used by agents and brokers alike during transactions to make the agreements official.

Promulgated Contracts. ... The contract allows for the buyer to terminate (void) the agreement if the seller's disclosure is not delivered as required. The status of the contract is voidable at the option of the buyer.

Fifteen contract forms are currently promulgated by TREC.

TAR Real Estate Forms. Texas Association of Realtors (TAR) Forms are only to be used by members of TAR. Consider retaining the services of a Realtor who has access to all promulgated forms. The most popular forms are marked with a .

Definition: the formal act of announcing a statute or an administrative rule.

TREC does not promulgate listing or buyer representation agreements, property management contracts, forms for commercial property, or residential leases (other than temporary residential leases used in connection with a sale).

TREC's forms are public record, so they are available to anyone. However, the forms are primarily intended for use by real estate license holders, who are generally required to use these forms.

The form titled Addendum Regarding Lead-Based Paint (TAR 2008) is a TAR form that complies with federal law. Texas REALTORS® should use this form when the TAR Residential Lease form is used for residential property built before 1978. This form is for lease transactions only.

TREC promulgates the following six contracts: Unimproved Property Contract; One-to-Four-Family Residential Contract (Resale); New Home Contract (Incomplete Construction); New Home Contract (Complete Construction); Farm & Ranch Contract; and Residential Condominium Contract.

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