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Did You Comment on Proposed TREC Form Changes? Don’t Miss This Meeting

In August, the Texas Real Estate Commission proposed changes to several TREC forms based on recommendations by the Texas Real Estate Broker-Lawyer Committee (BLC). TREC received 123 public comments about the changes, which BLC will review and consider during its upcoming meeting on Friday, October 14.

Do You Really Have to Provide a Flood Disclosure for Temporary Residential Leases?

Yes. A bill passed during the 87th Texas Legislative Session does not generally exempt landlords of temporary residential leases from providing a disclosure notice about whether the landlord is aware that the dwelling is located in a 100‐year floodplain or that the dwelling has flooded within the last five years.

Broker Responsibility Working Group Recommends Response Times for Brokers and Sales Agents, Increased Oversight of Sales Agents’ First-Time Brokerage Activity

The Broker Responsibility Working Group (BRWG) met April 13 and made two proposed recommendations that will be discussed during the next TREC Workshop on May 3. Feedback from the TREC Workshop discussion will be part of the next BRWG meeting in July.

Broker-Lawyer Committee Meeting Recap: Working Group Updates and a Proposed Flood Disclosure Form for Leases

The TREC Broker-Lawyer Committee (BLC) met April 8. The committee received updates from various working groups and made recommendations for the Commission on form revisions and a new form.

Attorney Co-Chair and Alternate Co-Chair Named

The meeting started with attorney members electing John George to serve as attorney co-chair and Aimee Slusher as alternate co-chair.

Real Estate Inspector Standards of Practice (SOP) - Online Version

Real Estate Inspectors licensed in Texas are required to follow the Standards of Practice (SOPs), which are established by TREC rules 22 TAC 535.227 - 535.233.

The SOPs define the minimum requirements for a real estate inspection performed for a prospective buyer or seller of one to four-family dwelling. 

535.227: Standards of Practice: General Provisions

535.227 (a) Scope.