Tag Archives: Legal

Business entity vs. DBA: What’s the difference?

Many people think a business entity is the same thing as a DBA, which stands for “doing business as.” In fact, they have different meanings and purposes. A business entity is a type of business structure, such as a sole … Continue reading

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Divorced clients? Avoid these common transaction pitfalls

The ex-wife lives in the home, and the ex-husband owns it. They both want to sell the property. Read “When clients divorce” in Texas REALTOR® magazine to learn how to avoid trouble and transaction delays related to the listing agreement, … Continue reading

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What to do with Harvey-affected transactions already under contract

Thousands of clients are in limbo due to the devastation left by Hurricane Harvey. And while every situation is different, here are sections in the TREC One to Four Family Residential Contract (Resale) and related addenda that might apply to transactions … Continue reading

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What are tenants’ and landlords’ rights for terminating a lease due to Harvey storm damage?

Paragraph 25 of TAR’s Residential Lease deals with casualty loss, which includes a loss due to weather events, such as Harvey. If the property is deemed partially or completely uninhabitable, Paragraph 25 references the Texas Property Code Section 92.054 for … Continue reading

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Important information for landlords considering raising rents in counties designated as disaster areas

With high demand for shelter in areas of Texas affected by Hurricane Harvey, some landlords are considering raising rent for intact properties. However, raising rents on current or prospective tenants may be considered price gouging, which is illegal. Section 17.46(b)(27) … Continue reading

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TAR clarifies misinformation about new homeowners insurance law

As the remnants of Hurricane Harvey make their way out of Texas, attention now focuses on rebuilding efforts in the communities affected by this unprecedented weather event. However, misinformation has been circulating on social media and in some news reports … Continue reading

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How TAR responded to TREC’s many proposed changes

The Texas Real Estate Commission at its August 7 meeting proposed many rule changes, and you can submit comments on these proposals until September 24 at general.counsel@trec.texas.gov. The Texas Association of REALTORS® submitted its comments on several aspects of the … Continue reading

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