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The residential real estate industry in Texas is unique in that the real estate sales contract forms used in most transactions in the state are developed through a state agency, the Texas Real Estate Commission (TREC). TREC's Broker-Lawyer Committee develops standard contract forms and addenda which are promulgated by the Commission.
In the United States, according to the Uniform Commercial Code Article 2, the contract of sale can be formed in different ways: (1) offer and acceptance, where a sale begins with an offer and acceptance; (2) firm offers, where a merchant's written offer remains open for a specified time; and (3) battle of the forms, where conflicting terms in ...
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.
The Charger returned in 1981 as a front-wheel drive subcompact hatchback coupe with a five-speed manual or three-speed automatic transmission. This economy-type model was similar to the Dodge Omni 024, but slightly larger. The Charger was available with a 2.2 L SOHC engine or a turbocharged 2.2 L SOHC. Unlike in the Dodge Daytona, the turbo was ...
Intended to deal with the troubles created by the low-production 426, of which only about 9,000 were built from 1966 to 1972), [4] as well as the different architectures of the higher-volume 383 cu in (6.3 L) and 400 cu in (6.6 L) B and 440 cu in (7.2 L) RB V8s, the ball-stud hemi was to be suitable for high-volume manufacture at low cost while ...
As may be the case with other contracts, real estate contracts may be formed by one party making an offer and another party accepting the offer. To be enforceable, the offers and acceptances must be in writing (Statute of Frauds, Common Law)and signed by the parties agreeing to the contract. Often, the party making the offer prepares a written ...
The 426 Hemi, in "Street Hemi" form, was produced for use in limited Plymouth and Dodge automobiles from 1966 through 1971, which have become collector's items. For example, a 1971 Plymouth Barracuda Convertible equipped with the 426 Hemi engine sold at auction for US$3.5 million in 2014. [21] 426 Hemi engine in a 1966 Charger
A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1] If the broker is a member of the National Association of Realtors, the agreement must include all of the following terms: