Does Your Business Have to File This New Report?
NOTE: On December 3, 2024, a federal court in Texas issued a nationwide temporary injunction against...
What's Going On With the Addendum Regarding Brokers’ Fees (TXR 2406) and the Amendment to Representation Agreement (TXR 2701)?
As of December 16, 2024, the Addendum Regarding Brokers’ Fees (TXR 2406) and the Amendment to Repr...
FAQ: Can You Share What a Former Client Paid?
I represent a buyer who is interested in several properties and wants me to find out what the owners...
Do You Need a License To Negotiate Wind Power Deals?
Unlike mineral and mining rights leases, property leases for wind power projects fall under the same...
FAQs: Compensation When Working With Builders
The Texas REALTORS® Legal Hotline is receiving many calls about builders and compensation under the...
Forms Changes Coming August 23
Texas REALTORS® updated several forms after receiving feedback from members and information from NA...
My Former Clients Owe Me Termination Fees. Can I Place a Lien Against Their Home?
No. There is no statute that authorizes you to place a lien upon an owner's home to protect your rig...
Updated FAQs About Forms Changes Related to NAR Settlement
Texas REALTORS® revised forms and created new forms to comply with rule changes related to the NAR ...
Legal FAQ: Flood Hazard Areas
My client is selling a property that has flood insurance coverage because it’s located within a sp...
Texas REALTORS® Helps Homeowners Win Homestead Exemption Lawsuits
Win May Deter Similar Money Grabs Across Texas. In 2015, Texas voters overwhelmingly passed a c...
What if the Seller Is in Prison?
Texas had 200,961 inmates at the end of 2021, according to the National Institute of Corrections. Y...
How to Use Addendum Regarding Brokers' Fees (TXR 2406)
The new Addendum Regarding Brokers' Fees is used with TREC residential sales contracts (i.e., the On...
How To Use Residential Buyer/Tenant Representation Agreement–Short Form (TXR 1507)
The new Residential Buyer/Tenant Representation Agreement –Short Form is essentially two forms in ...
Additional Updates to Buyer Rep Agreement & Amendment
Texas REALTORS® this week modified provisions related to bonuses and other compensation in the Resi...
Can You Negotiate Commission With a Client Without Your Broker’s Knowledge?
No. Commission negotiations should occur only with a sales agent's broker’s knowledge and consent....
See Drafts of New & Updated Forms
To comply with NAR’s upcoming MLS rules changes, the Texas REALTORS® Legal Department and Residen...
Form Updates Due to NAR Settlement
Texas REALTORS® is updating its forms library in light of the NAR settlement. Revised and new forms...
Summary of May TREC Meeting
The Texas Real Estate Commission held its May meeting in Irving, attracting over 300 audience member...
What is Required of Buyers in a Transaction With Foreign Sellers?
The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) requires buyers in certain transact...
Your Lawsuit Questions Answered
The proposed NAR settlement has generated many questions from members of Texas REALTORS® about pote...