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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.
While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.
Tag Archives: Legal
Members sometimes call the hotline when a seller is under contract but wants to accept a second offer that is higher. However, accepting the second offer is problematic. Doing so can bind the seller to two contracts to sell his … Continue reading
When you’re marketing a property for lease that had previous flooding from a property condition, REALTORS® should consider the Code of Ethics. Keep in mind that Article 2 says REALTORS® should avoid exaggeration, misrepresentation, or concealment of pertinent facts relating … Continue reading
No. TREC Rule 535.4(c) states that a person must be licensed as a broker or sales agent to show a property. “Show” includes causing or permitting a property to be viewed by a prospective buyer or tenant, unlocking or providing … Continue reading
Though the real estate industry is built on cooperation, it’s possible to go too far. See if you know how to avoid potential antitrust violations by taking the quiz below.
The residential and property management forms task forces, led by your fellow REALTORS®, have been working with the Texas Association of REALTORS® Legal Department to update forms and create new ones. Revisions have been proposed for the following forms: View … Continue reading
The landlord for the property I manage wants all potential tenants to submit a photo ID with their lease application. Can I require that? Yes, but you should only use an applicant’s photo ID to verify his or her identity … Continue reading
If you used a paper form to register a Digital Millennium Copyright Act (DMCA) designated agent for your website, you must re-register online by December 31 to maintain your “safe harbor” defense. Not sure what any of this means? Read … Continue reading
A patent owned by Uber Technologies Inc. that had been used to bring patent-infringement lawsuits against Texas real estate firms has been invalidated, thanks to legal efforts by the Texas Association of REALTORS®. The Patent Trial and Appeal Board agreed … Continue reading
The Texas Real Estate Commission met on November 13 and adopted amendments to existing rules and proposed others. In addition to the changes below, the commission made changes to how team names can be used in advertisements, tweaked rules regarding … Continue reading
The New Home Contract (Incomplete Construction) (TAR 1603, TREC 23-14) and New Home Contract (Complete Construction) (TAR 1604, TREC 24-14) both have a Warranties section under Paragraph 7, Property Condition. Both sections state that the seller makes no warranties other … Continue reading