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  2. Texas Real Estate Commission - Wikipedia

    en.wikipedia.org/wiki/Texas_Real_Estate_Commission

    The Texas Real Estate Commission (TREC) is the state agency that governs real estate practices in the state of Texas. The agency is headquartered at 1700 North Congress in Austin. [1] TREC is composed of nine members appointed by the Governor with the concurrence of the Texas Senate. The members are appointed for six-year terms, with the terms ...

  3. Option fee - Wikipedia

    en.wikipedia.org/wiki/Option_fee

    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.

  4. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    The legal status of land contracts varies between jurisdictions. [vague] Since a land contract specifies the sale of a specific item of real estate between a seller and buyer, a land contract can be considered a special type of real estate contract. In the usual more conventional real estate contracts, a seller does not provide a loan to the ...

  5. Real estate contracts tend to favor developers. What ... - AOL

    www.aol.com/news/real-estate-contracts-tend...

    As an expert in real estate law, he represents buyers, homeowners’ associations and developers. “It is a contractual relationship that is apples and oranges different from buying a resale ...

  6. Real estate contract - Wikipedia

    en.wikipedia.org/wiki/Real_estate_contract

    A real estate contract is a contract between parties for the purchase and sale, exchange, or other conveyance of real estate. The sale of land is governed by the laws and practices of the jurisdiction in which the land is located.

  7. Elon Musk company properties in Texas valued at $2.5 billion

    www.aol.com/news/elon-musk-company-properties...

    Elon Musk’s footprint in Texas keeps getting bigger. The appraised value of properties in the state owned by the billionaire’s companies has climbed in recent years to at least $2.5 billion ...

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