A Texas sales agent discovers that a TREC promulgated form was recently updated. Where can the agent obtain the most current version of the form?
Correct Answer
D) From the TREC website at no charge
TREC promulgated forms are available for free download from the TREC website. License holders should always obtain the most current version directly from TREC to ensure compliance.
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A TREC promulgated contract form contains a checkbox section where the license holder must select the applicable option. If the license holder fails to check any box in a required section, what is the likely result?
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A government entity is selling surplus property (a single-family home) at a public auction. A Texas license holder representing a buyer at the auction is asked to sign the government's standard contract form. The form was not drafted by an attorney but is the government's standard form used for all surplus property sales. What should the license holder do?