TREC categorizes its forms into different classifications. Which of the following is NOT a category of TREC forms?
Correct Answer
B) Recommended forms that license holders should use but are not required to
TREC does not have a category of 'recommended' forms. TREC forms fall into categories including promulgated forms (mandatory), promulgated addenda (mandatory when applicable), and approved optional forms. There is no middle-ground 'recommended' category.
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Previous Question
A Texas broker is selling her own investment property to a buyer who is not represented by an agent. The broker wants to use a simplified contract she drafted herself rather than the TREC promulgated form. Is this permissible?
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A buyer and seller in Texas have agreed on all terms of a residential sale. The buyer's agent fills in the blanks on the TREC promulgated contract and also adds two sentences to Paragraph 11 (Special Provisions) stating that the seller will repair a leaking faucet before closing. Has the agent acted properly?