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Can a Contract Be Terminated Over Proposed Amendments?
No. Even though a buyer or seller can propose an amendment to the contract at any time, merely proposing an amendment to a contract–or...
Ernest Enriquez
May 21, 20231 min read
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Legal Briefs: Closing Contingencies
In the latest installment from the Legal Briefs Video Series, you’ll find out if amending the closing date extends the contingency date...
Ernest Enriquez
Mar 14, 20231 min read
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Spanish, Vietnamese Translations of Forms Updated
Several forms with Spanish and Vietnamese translations were recently revised. Texas REALTORS® has updated those translations to reflect...
Ernest Enriquez
Jan 29, 20231 min read
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Do You Know About Carbon Contracts?
Carbon contracts have been a popular topic of conversation for farmers and ranchers around the country recently. Essentially, companies...
Ernest Enriquez
Jun 23, 20221 min read
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How Does the Addendum for “Back-up” Contract Work?
Some buyers may not know what happens after signing a backup contract on a property. The Addendum for "Back-Up" Contract (TXR 1909, TREC...
Ernest Enriquez
Mar 20, 20222 min read
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When Contract Deadlines Fall on Holidays
When calculating deadlines, TREC and Texas REALTORS® contracts use calendar days, not business days. Although calculating deadlines for...
Ernest Enriquez
Dec 14, 20211 min read
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Fact or Fiction: Do Buyers Need a Reason For Using the Termination Option?
Buyers do not have to give a reason for terminating a contract under the termination option. Fact. Though buyers must provide written...
Ernest Enriquez
Aug 19, 20211 min read
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5 Ways to Avoid Contract Problems
Find more information about contracts and other legal topics at texasrealestate.com/faq. With more than two dozen TREC forms and 130-plus...
Ernest Enriquez
Mar 21, 20212 min read
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Watch: Contract Changes Coming April 1
Watch “Contract Issues Old and New—Especially New,” from the Risk Reduction Forum at Texas REALTORS® Winter Meeting. Risk Reduction...
Ernest Enriquez
Mar 14, 20211 min read
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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...
Ernest Enriquez
Oct 5, 20201 min read
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Contract Closeup: Surveys for Residential Properties
Paragraph 6C of the One to Four Family Residential Contract (Resale) (TXR 1601) includes requirements for property surveys. This...
Ernest Enriquez
Jul 9, 20202 min read
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Is an Email an Enforceable Contract?
Emails can be useful for planning and negotiating a real estate deal. When exchanging emails while negotiating a transaction, you may...
Ernest Enriquez
May 13, 20202 min read
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What Form Do You Use for That?
A real estate transaction can require many forms, contracts, and addenda. Even in a straightforward sale or purchase, you may eventually...
Ernest Enriquez
Feb 15, 20201 min read
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Watch: What Stays or Goes With a House?
Whether you’re representing buyers or sellers, there can sometimes be confusion over what goes with a house when it’s sold. The latest...
Ernest Enriquez
Dec 1, 20191 min read
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Which Fee Section Applies in the Farm and Ranch Contract?
The Farm and Ranch Contract (TXR 1701) has two sections on page 9 related to fees: a Ratification of Fee and an Agreement for Payment of...
Ernest Enriquez
Nov 11, 20191 min read
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Is Selling Your Home Without Help Worth It?
Have you ever taken on a project that looked easy until you actually did the work? Selling your home without a real estate agent is a...
Ernest Enriquez
Oct 8, 20191 min read
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What Happens if a Contract Term Is Left Blank?
A term left blank in a contract does not automatically equal a zero value, nor that the section is not part of the contract. Instead, a...
Ernest Enriquez
Sep 6, 20191 min read
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Are You Counting Contract Deadlines Correctly?
Refresh your memory of how to count contract days and make sure you’re correctly calculating deadlines for the One to Four Family...
Ernest Enriquez
Jun 14, 20191 min read
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From the Legal Hotline: When Time of Day is Not Specified in a Contract Deadline
(This article was edited on 1/24/24 to reflect a new paragraph number in the form and to provide further clarifications). When does a...
Ernest Enriquez
May 21, 20191 min read
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Your Free Guide to the One to Four Family Contract
Are you starting the new year as a new license holder? Or have you added a few agents to your brokerage who you need to train? These are...
Ernest Enriquez
Jan 10, 20191 min read
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