Texas Promulgated Contract Forms| Questions With 100% Correct Answers | Verified

use of standard contract forms - when negotiating contracts binding the sale, exchange, lease, or rental of property promulgated - issued by TREC for mandatory use by licence holders exceptions - - licencee functioning solely as principal - agency of US Government requires a different form - prepared by principal - no other form exists and is prepared by an attorney- at - law licensed in Texas forms may be reproduced - - numbered copies obtained from TREC - printed copies made from copies obtained from TREC - Legible photocopies made from such copies - Computer- driven printers following mandatory guidelines broker's logo ( appear on top) or broker's name ( may be inserted in blank provided) - no changes may be made on a promulgated form except may not - Licensees ____________ add to or strike matter from forms, unless, - factual statement and business details - desired by the principal and is necessary to conform the instrument to the intent of the parties - if not TREC promulgated form exists TREC - promulgated or prepared by TREC and made available for trial use - It is not a practice of law for a real estate licensee to complete a contract form either