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New Data-Privacy Law Will Apply to Some Real Estate Businesses
The Texas Data Privacy and Security Act, which goes into effect July 1, 2024, imposes restrictions on how certain businesses can collect...
Ernest Enriquez
Feb 11, 20242 min read
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How Your Client Can Qualify for a Tax Exclusion
My client bought a home a few years ago. Now my client wants to sell it and take advantage of the tax exclusion of up to $250,000 on the...
Ernest Enriquez
Jan 25, 20241 min read
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Which Tenant Gets the Security Deposit?
Residential Lease (TXR 2001) When multiple tenants are listed on a lease, there can be confusion about who to make the check payable to...
Ernest Enriquez
Jan 16, 20241 min read
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Beware of Buyer “Love Letters”
Your clients fall in love with a home and want to send a letter saying how much the house will mean to their family. Is it a good idea to...
Ernest Enriquez
Jan 11, 20241 min read
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Share This With Consumers: Guide to Real Estate Commissions
There’s a lot of misunderstanding about how real estate commissions work: Is there a standard commission? What controls the commission...
Ernest Enriquez
Dec 14, 20231 min read
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Tips To Reduce the Risk of a Discrimination Lawsuit
Avoiding discrimination Housing testing often focuses on advertising and MLS listings. But it can also attempt to uncover discriminatory...
Ernest Enriquez
Dec 3, 20233 min read
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Legal Briefs: Termination Beyond the Buyer Approval Deadline
If buyers have passed their buyer approval deadline in the Third Party Financing Addendum (TXR 1901, TREC 40-9), but the available...
Ernest Enriquez
Nov 28, 20231 min read
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Fair Housing Info That Affects You
The Texas Workforce Commission’s Civil Rights Division handles most fair housing complaints in Texas, and the commission wants to help...
Ernest Enriquez
Nov 26, 20231 min read
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FAQ: When Your Buyer Client Makes Offers on Multiple Properties at Once
I’m working with a buyer who wants to make offers on three properties at once. She said she will terminate two of the contracts when she...
Ernest Enriquez
Nov 21, 20231 min read
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Calculating Earnest Money and Option Fee Deadlines
Do you count weekends or holidays to calculate when to pay the earnest money and option fee? Does it matter when the deadline falls? Is...
Ernest Enriquez
Nov 16, 20231 min read
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Instant Compliance for Your Brokerage and Guidance for Residential Property Management
Texas REALTORS® this year updated its Model Brokerage Policies and Procedures manual and Residential Property Management Resource. Model...
Ernest Enriquez
Nov 12, 20231 min read
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What Happens When a Contract Term is Left Blank?
What happens when a contract term is left blank? Some agents assume that it means the value in the blank is zero or that the term is not...
Ernest Enriquez
Nov 5, 20231 min read
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Use This Form When Rejecting a Tenant’s Application
You have decided to reject a tenant’s application, now what? In this Legal Briefs video, Gabrielle Amaya, Texas REALTORS® Associate...
Ernest Enriquez
Oct 31, 20231 min read
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Advertise on Social Media the Right Way
In a Texas REALTORS® LinkedIn poll, 64% of members said they advertised on social media. Since advertising is a great way to extend your...
Ernest Enriquez
Oct 29, 20231 min read
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From the Hotline: Personal Transactions
We’ve recently received calls from members wondering if they have to submit their personal transactions through their brokerage. Neither...
Ernest Enriquez
Oct 24, 20231 min read
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Which Entities Require the Filing of a 1099 Form?
The previous Legal Briefs video discussed the elements that determine if you must use a 1099 form. In this Legal Briefs video, Lori Levy,...
Ernest Enriquez
Oct 19, 20231 min read
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When Must You Use a 1099 Form?
Do you know the four elements that determine when you must use a 1099 Form? In the latest Legal Briefs video, Texas REALTORS® Vice...
Ernest Enriquez
Oct 5, 20231 min read
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Legal FAQ: Listing Out-of-State Property
Can I list a property that's not located in Texas? Maybe, but you must consider the licensing law of the other state, Texas licensing...
Ernest Enriquez
Sep 29, 20231 min read
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Understanding Contingency Contract Forms
In certain transactions, buyers may wish to make their contracts contingent on them receiving the proceeds from the sale of their current...
Ernest Enriquez
Sep 24, 20231 min read
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Legal Briefs: Appraisals and Additional Right to Terminate
In the latest installment of the Texas REALTORS® Legal Briefs series, you’ll understand how the “additional right to terminate” paragraph...
Ernest Enriquez
Sep 21, 20231 min read
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