Knowledebase Tag: TREC
- Does a property manager have to be licensed?
- My sister is looking for a new home, and I’m acting as her buyer’s agent. Am I required by TREC rules or the Code of Ethics to disclose to the seller that the buyer is my sister?
- Can I list a property that’s not located in Texas?
- After the sale of a home occupied by a renter, it was discovered that the security deposit was not transferred from the seller to the buyer as part of the closing. Now the parties can’t agree on who is responsible for the security deposit when the rental ends. Who is responsible for the security deposit?
- An agent in my office wants to begin a full-service property-management practice. Can she have her own trust account to collect and disburse security deposits, rents, and other funds?
- Does a link to the Information About Brokerage Services form in my email signature meet the Real Estate Licensing Act’s requirements to provide the information in the form to consumers?
- Both TAR and TREC have a seller’s disclosure notice. Can my seller use either form and still be in compliance with the law?
- One of my agents wants to sell her home without listing the property with our firm or any other firm. She’s not advertising the property through the MLS, either. What disclosure must she make about her status as a real estate agent?
- I received an offer on one of my listings, but included in the offer were forms drafted using outdated versions of the form. How should I handle this?
- Can a buyer deliver the termination option fee to the title company?
