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Ernest Enriquez
Nov 30, 20201 min read
Is a Buyer Required to Sign the Seller’s Disclosure Notice?
Your sellers may be required by law to fill out a seller’s disclosure, but buyers are not required to sign the disclosure. Even though...
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Ernest Enriquez
Nov 19, 20201 min read
Contracts Course Added to TREC License Renewal Requirements Starting in 2021
Starting February 1, 2021, brokers and most sales agents will be required to complete at least 3 hours of contract-related coursework as...
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Ernest Enriquez
Nov 16, 20201 min read
Beware of Fair-Housing Problems With Letters to Sellers
Buyers looking to gain an edge when making an offer for a property sometimes include a letter to the sellers with their offer. Long...
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Ernest Enriquez
Nov 12, 20201 min read
Fact or Fiction? Repairs in the Residential Sales Contract
Buyers who don’t want to accept a property as-is can ask their agent to check Paragraph 7D(2) in the One to Four Family Residential...
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Ernest Enriquez
Nov 4, 20201 min read
Vietnamese Translations of Forms Now Available
Texas REALTORS® now provides members exclusive access to Vietnamese translations of commonly used forms for informational purposes. Only...
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Ernest Enriquez
Oct 20, 20201 min read
Farming Letters and the Code of Ethics
I am preparing a farming letter to solicit listings in a subdivision. What are the rules regarding advertising to a neighborhood in which...
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Ernest Enriquez
Oct 15, 20201 min read
Can a Fee Be Charged for Broker Price Opinions?
Can I charge a fee to provide a broker price opinion or comparative market analysis to an owner, buyer, or lender? Yes. The Real Estate...
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Ernest Enriquez
Oct 14, 20201 min read
Does the Pet Agreement Pertain to Outside Pets?
The Pet Agreement (TXR 2004) pertains to all pets that the tenant keeps on the property, including in the yard. This means that even a...
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Ernest Enriquez
Oct 5, 20201 min read
Not All Contract Deadlines Are Created Equal
“Time is of the essence” When this phrase accompanies a deadline in a contract, performance by party to the contract within the time...
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Ernest Enriquez
Oct 4, 20201 min read
Legal FAQ: Extending the Option Period
It’s the last day of my buyer’s option period. The buyer and seller are still negotiating repairs and want to extend the option period....
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Ernest Enriquez
Sep 30, 20202 min read
What is the Texas Eviction Diversion Program?
The Texas Supreme Court on September 25 established the Texas Eviction Diversion Program with funding allocated by Gov. Greg Abbott. The...
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Ernest Enriquez
Sep 29, 20201 min read
Share With Clients: GFIPs from Hurricane Harvey Set to Expire
The Federal Emergency Management Agency (FEMA) offers Group Flood Insurance Policies (GFIPs) to people who don’t have flood insurance and...
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Ernest Enriquez
Sep 28, 20201 min read
When Can Buyers Exercise the Termination Option in Their Backup Contract?
If your buyers have a backup contract with a termination option, Paragraph D of the Addendum for Back-Up Contract (TXR 1909) explains the...
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Ernest Enriquez
Sep 23, 20201 min read
Why You Might Suggest a Later Closing Date
There is a backlog of appraisals. REALTORS® across Texas are calling the Legal Hotline, asking what to do when the parties can’t get an...
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Ernest Enriquez
Sep 21, 20201 min read
Texas Supreme Court Issues Order About Eviction Moratorium
Has the Texas Supreme Court issued any guidance on the Centers for Disease Control and Prevention’s eviction order? Yes, the Texas...
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Ernest Enriquez
Sep 17, 20201 min read
Can an Associate Broker Call Himself “Broker” in an Ad?
No. An associated broker may not refer to himself as “broker” in an advertisement. According to the Texas Real Estate Commission, an...
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Ernest Enriquez
Sep 13, 20201 min read
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 client decided not to sell. Now the...
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Ernest Enriquez
Sep 9, 20201 min read
Are Tenants Automatically Protected From Eviction Under the CDC Eviction Moratorium?
No. Under the Centers for Disease Control and Prevention’s order, tenants who want to be protected from eviction must provide a...
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Ernest Enriquez
Sep 9, 20202 min read
Addendum Concerning Right to Terminate Due to Lender’s Appraisal
The Addendum Concerning Right to Terminate Due to Lender’s Appraisal (TXR 1948, TREC 49-1) is to be used only when the Third-Party...
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Ernest Enriquez
Aug 30, 20201 min read
Brokers Being Threatened With Legal Action Over Websites
Real estate brokers in Texas are increasingly receiving threats of litigation regarding accessibility of their websites. The Americans...
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