As of April 1, 2021, the following form versions are now required for use:
- Unimproved Property Contract (9-14)
- One to Four Family Residential Contract (Resale) (20-15)
- New Home Contract (Incomplete Construction) (23-16)
- New Home Contract (Complete Construction) (24-16)
- Farm and Ranch Contract (25-13)
- Residential Condominium Contract (Resale) (30-14)
- Addendum for Property Subject to Mandatory Membership in a Property Owners Association (36-9)
- Notice of Buyer’s Termination of Contract (38-7)
- Short Sale Addendum (45-2)
- Addendum Regarding Residential Leases (51-0)
- Addendum Regarding Fixture Leases (52-0)
Click here to see the full redlined versions of the changes to the contract forms. If you have further questions about the contact updates, TREC has published a helpful article on Changes to Delivery of Option Fee and a detailed review of the contract changes adopted at the November Commission meeting.