PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC) UNIMPROVED PROPERTY CONTRACT Notice: Not For Use For Condominium Transactions
PROMULGATED
BY THE TEXAS REAL ESTATE COMMISSION (TREC)
Notice:
Not For Use For Condominium Transactions
1.PARTIES:
Cutting Edge Custom Homes, Inc
(Seller)
agrees to sell and convey to : Mesa Bulders, Inc
(▇▇▇▇▇)
and ▇▇▇▇▇ agrees to buy from Seller the Property described below.
▇.▇▇▇▇▇▇▇▇:
Lot
1-5, 11-15,
Block
1 Hillcraft ,
Addition,
City
of Fort Worth,
County,
Texas,
known as Terben Ct.
(address/zip
code), or as described on attached exhibit together with all rights, privileges
and appurtenances pertaining thereto, including but not limited to: water
rights, claims, permits, strips and gores, easements, and cooperative or
association memberships (the Property).
3.SALES
PRICE:
▇.▇▇▇▇
portion of Sales Price payable by ▇▇▇▇▇ at closing $
▇▇▇
▇.Sum
of
all financing described below $▇▇▇
▇.Sales
Price (Sum of A and B) $219,000.00
4. FINANCING:
The
portion of Sales Price not payable in cash will be paid as follows: (Check
applicable boxes below)
q A. THIRD
PARTY FINANCING: One or more third party mortgage loans in the total amount
of
$TEDØ.
If the
Property does not satisfy the lenders’ underwriting requirements for the
loan(s), this contract will terminate and the ▇▇▇▇▇▇▇ money will be refunded
to
Buyer. (Check one box only)
q (1) This
contract is subject to Buyer being approved for the financing described in
the
attached Third Party Financing Condition Addendum.
q (2) This
contract is not subject to Buyer being approved for financing.
q B. ASSUMPTION:
The assumption of the unpaid principal balance of one or more promissory notes
described in the attached TREC Loan Assumption Addendum.
q C. SELLER
FINANCING: A promissory note from Buyer to Seller of $ ,
bearing
%
interest per annum, secured by vendor’s and deed of trust liens, and containing
the terms and conditions described in the attached TREC Seller Financing
Addendum. If an owner policy of title insurance is furnished, Buyer shall
furnish Seller with a mortgagee policy of title insurance.
5. ▇▇▇▇▇▇▇
MONEY:
Upon
execution of this contract by both parties, Buyer shall deposit
$▇▇▇
▇▇▇▇▇▇▇ money
with __________________________________________________________________________________________________as
escrow
agent, at _____________(address).Buyer
shall deposit additional ▇▇▇▇▇▇▇ money of $
with
escrow agent within
days
after the effective date of this contract. If ▇▇▇▇▇ fails to deposit the ▇▇▇▇▇▇▇
money as required by this contract, Buyer will be in default.
6. TITLE
POLICY AND SURVEY:
A. TITLE
POLICY: Seller shall furnish to Buyer at q
Seller’s
q
▇▇▇▇▇’s
expense an owner policy of title insurance (Title Policy) issued by
(Title
Company) in the amount of the Sales Price, dated at or after closing, insuring
Buyer against loss under the provisions of the Title Policy, subject to the
promulgated exclusions (including existing building and zoning ordinances)
and
the following exceptions:
|
(1)
|
Restrictive
covenants common to the platted subdivision in which the Property
is
located.
|
|
(2)
|
The
standard printed exception for standby fees, taxes and
assessments.
|
|
(3)
|
Liens
created as part of the financing described in Paragraph
4.
|
|
(4)
|
Utility
easements created by the dedication deed or plat of the subdivision
in
which the Property is located.
|
|
(5)
|
Reservations
or exceptions otherwise permitted by this contract or as may be approved
by ▇▇▇▇▇ in writing.
|
|
(6)
|
The
standard printed exception as to marital
rights.
|
|
(7)
|
The
standard printed exception as to waters, tidelands, beaches, streams,
and
related matters.
|
|
(8)
|
The
standard printed exception as to discrepancies, conflicts, shortages
in
area or boundary lines, encroachments or protrusions, or overlapping
improvements. ▇▇▇▇▇, at ▇▇▇▇▇’s expense, may have the exception amended to
read, “shortages in area”.
|
|
B.
|
COMMITMENT:
Within 20 days after the Title Company receives a copy of this contract,
Seller shall furnish to Buyer a commitment for title insurance
(Commitment) and, at Buyer’s expense, legible copies of restrictive
covenants and documents evidencing exceptions in the Commitment (Exception
Documents) other than the standard printed exceptions. Seller authorizes
the Title Company to mail or hand deliver the Commitment and Exception
Documents to Buyer at ▇▇▇▇▇’s address shown in Paragraph 21. If the
Commitment and Exception Documents are not delivered to Buyer within
the
specified time, the time for delivery will be automatically extended
up to
15 days or the Closing Date, whichever is
earlier.
|
|
C.
|
SURVEY:
The survey must be made by a registered professional land surveyor
acceptable to the Title Company and any lender. (Check one box
only)
|
q (1) Within
days
after the effective date of this contract, Seller, at Seller’s expense, shall
furnish a new survey to Buyer.
q (2) Within
days
after the effective date of this contract, Buyer, at ▇▇▇▇▇’s expense, shall
obtain a new survey.
q (3) Within
days
after the effective date of this contract, Seller shall furnish Seller’s
existing survey of the Property to Buyer and the Title Company, along with
Seller’s affidavit acceptable to the Title Company for approval of the survey.
If the survey is not approved by the Title Company or ▇▇▇▇▇’s lender, a new
survey will be obtained at q
Seller’s
q
Buyer’s
expense no later than 3 days prior to the Closing Date.
|
D.
|
OBJECTIONS: Within days after Buyer receives the Commitment, Exception Documents and the survey, Buyer may object in writing to (i) defects, exceptions, or encumbrances to title: disclosed on the survey other than items 6A(1) through (7) above; disclosed in the Commitment other than items 6A(1) through (8) above; (ii) any portion of the Property lying in the 100 year flood plain as shown on the current Federal Emergency Management Agency map; or (iii) any exceptions which prohibit the following use or activity: _______________________________________________________________________________________________________________ |
|
▇.
|
▇▇▇▇▇’s failure to object within the time allowed will constitute a waiver of Buyer’s right to object; except that the requirements in Schedule C of the Commitment are not waived. Seller shall cure the timely objections of Buyer or any third party lender within 15 days after ▇▇▇▇▇▇ receives the objections and the Closing Date will be extended as necessary. If objections are not cured within such 15 day period, this contract will terminate and the ▇▇▇▇▇▇▇ money will be refunded to Buyer unless Buyer waives the objections. |
| E. | TITLE NOTICES: |
|
(1)
|
ABSTRACT
OR TITLE POLICY: ▇▇▇▇▇▇ advised ▇▇▇▇▇ to have an abstract of title
covering the Property examined by an attorney of ▇▇▇▇▇’s selection, or
Buyer should be furnished with or obtain a Title Policy. If a Title
Policy
is furnished, the Commitment should be promptly reviewed by an attorney
of
▇▇▇▇▇’s choice due to the time limitations on ▇▇▇▇▇’s right to
object.
|
|
(2)
|
MANDATORY
OWNERS’ ASSOCIATION MEMBERSHIP: The Property q
is
q
is
not subject to mandatory membership in an owners’ association. If the
Property is subject to mandatory membership in an owners’ association,
Seller notifies Buyer under §5.012, Texas Property Code, that, as a
purchaser of property in the residential community in which the Property
is located, you are obligated to be a member of the owners’ association.
Restrictive covenants governing the use and occupancy of the Property
and
a dedicatory instrument governing the establishment, maintenance,
and
operation of this residential community have been or will be recorded
in
the Real Property Records of the county in which the Property is
located.
Copies of the restrictive covenants and dedicatory instrument may
be
obtained from the county clerk. You are obligated to pay assessments
to
the owners’ association. The amount of the assessments is subject to
change. Your failure to pay the assessments could result in a lien
on and
the foreclosure of the Property.
|
|
(3)
|
STATUTORY
TAX DISTRICTS: If the Property is situated in a utility or other
statutorily created district providing water, sewer, drainage, or
flood
control facilities and services, Chapter 49, Texas Water Code requires
Seller to deliver and Buyer to sign the statutory notice relating
to the
tax rate, bonded indebtedness, or standby fee of the district prior
to
final execution of this contract.
|
|
(4)
|
TIDE
WATERS: If the Property abuts the tidally influenced waters of the
state,
§33.135, Texas Natural Resources Code, requires a notice regarding
coastal
area property to be included in the contract. An addendum containing
the
notice promulgated by TREC or required by the parties must be
used.
|
|
(5)
|
ANNEXATION:
If the Property is located outside the limits of a municipality,
Seller
notifies Buyer under §5.011, Texas Property Code, that the Property may
now or later be included in the extraterritorial jurisdiction of
a
municipality and may now or later be subject to annexation by the
municipality. Each municipality maintains a map that depicts its
boundaries and extraterritorial jurisdiction. To determine if the
Property
is located within a municipality’s extraterritorial jurisdiction or is
likely to be located within a municipality’s extraterritorial
jurisdiction, contact all municipalities located in the general proximity
of the Property for further
information.
|
|
(6)
|
UNIMPROVED
PROPERTY LOCATED IN A CERTIFICATED SERVICE AREA OF A UTILITY SERVICE
PROVIDER: If the Property is located in a certificated service area
of a
utility service provider and the Property does not receive water
or sewer
service from the utility service provider on the date the Property
is
transferred, §13.257, Texas Water Code, requires a notice regarding the
cost of providing water or sewer services to the Property. An addendum
containing the notice promulgated by TREC or required by the parties
must
be used.
|
|
(7)
|
TEXAS
AGRICULTURAL DEVELOPMENT DISTRICT: The Property q
is
q
is
not located in a Texas Agricultural Development
District.
|
7. PROPERTY
CONDITION:
|
A.
|
INSPECTIONS,
ACCESS AND UTILITIES: Buyer may have the Property inspected by inspectors
selected by ▇▇▇▇▇ and licensed by TREC or otherwise permitted by
law to
make inspections. Seller shall permit Buyer and ▇▇▇▇▇’s agents access to
the Property at reasonable times. Seller shall pay for turning on
existing
utilities.
|
|
NOTICE:
Buyer should determine the availability of utilities to the Property
suitable to satisfy Buyer’s needs.
|
| B. |
ACCEPTANCE OF PROPERTY CONDITION: Buyer accepts
the
Property in its present condition; provided Seller, at Seller’s expense,
shall complete the following:_______
___________________________________________________________________________________________________________________________________
|
|
C.
|
COMPLETION
OF REPAIRS: Unless otherwise agreed in writing, Seller shall complete
all
agreed repairs prior to the Closing Date. All required permits must
be
obtained, and repairs must be performed by persons who are licensed
or
otherwise permitted by law to provide such repairs. At Buyer’s election,
any transferable warranties received by Seller with respect to the
repairs
will be transferred to Buyer at ▇▇▇▇▇’s expense. If Seller fails to
complete any agreed repairs prior to the Closing Date, Buyer may
do so and
receive reimbursement from Seller at Closing. The Closing Date will
be
extended up to 15 days, if necessary, to complete
repairs.
|
|
D.
|
ENVIRONMENTAL
MATTERS: Buyer is advised that the presence of wetlands, toxic substances,
including asbestos and wastes or other environmental hazards, or
the
presence of a threatened or endangered species or its habitat may
affect
Buyer’s intended use of the Property. If ▇▇▇▇▇ is concerned about these
matters, an addendum promulgated by TREC or required by the parties
should
be used.
|
|
▇.
|
▇▇▇▇▇▇’S
DISCLOSURES: Except as otherwise disclosed in this contract, Seller
has no
knowledge of the following:
|
|
(1)
|
any
flooding of the Property which has had a material adverse effect
on the
use of the property;
|
|
(2)
|
any
pending or threatened litigation, condemnation, or special assessment
affecting the Property;
|
|
(3)
|
any
environmental hazards or conditions which materially affect the
Property;
|
|
(4)
|
any
dumpsite, landfill, or underground tanks or containers now or previously
located on the Property;
|
|
(5)
|
any
wetlands, as defined by federal or state law or regulation, affecting
the
Property; or
|
|
(6)
|
any
threatened or endangered species or their habitat affecting the
Property.
|
8. BROKERS’
FEES:
All
obligations of the parties for payment of brokers’ fees are contained in
separate written agreements.
9. CLOSING:
|
A.
|
The
closing of the sale will be on or before
,
20
,
or within 7 days after objections to matters disclosed in the Commitment
or by the survey have been cured, whichever date is later (Closing
Date).
If either party fails to close the sale by the Closing Date, the
non-defaulting party may exercise the remedies contained in Paragraph
15.
|
|
B.
|
At
closing:
|
|
(1)
|
Seller
shall execute and deliver a general warranty deed conveying title
to the
Property to Buyer and showing no additional exceptions to those permitted
in Paragraph 6 and furnish tax statements or certificates showing
no
delinquent taxes on the Property.
|
|
(2)
|
Buyer
shall pay the Sales Price in good funds acceptable to the escrow
agent.
|
|
(3)
|
Seller
and ▇▇▇▇▇ shall execute and deliver any notices, statements, certificates,
affidavits, releases, loan documents and other documents required
of them
by this contract, the Commitment or law necessary for the closing
of the
sale and the issuance of the title
Policy.
|
|
C.
|
Unless
expressly prohibited by written agreement, Seller may continue to
show the
Property and receive, negotiate and accept back up
offers.
|
|
D.
|
All
covenants, representations and warranties in this contract survive
closing.
|
10. POSSESSION:
Seller
shall deliver possession of the Property to Buyer upon closing and
funding.
11. SPECIAL
PROVISIONS:
(Insert
only factual statements and business details applicable to the sale. TREC rules
prohibit licensees from adding factual statements or business details for which
a contract addendum or other form has been promulgated by TREC for mandatory
use.)
12. SETTLEMENT
AND OTHER EXPENSES:
|
A.
|
The
following expenses must be paid at or prior to
closing:
|
|
(1)
|
Expenses
payable by Seller (Seller’s
Expenses):
|
(a)Releases
of existing liens, including prepayment penalties and recording fees; release
of
Seller’s loan liability; tax statements or certificates; preparation of deed;
one-half of escrow fee; and other expenses payable by Seller under this
contract.
(b)Seller
shall also pay an amount not to exceed $
to be
applied to Buyer’s Expenses.
|
(2)
|
Expenses
payable by ▇▇▇▇▇ (Buyer’s
Expenses):
|
(a)
Loan
origination, discount, buy-down, and commitment fees (Loan Fees).
(b)
Appraisal
fees; loan application fees; credit reports; preparation of loan documents;
interest on the notes from date of disbursement to one month prior to dates
of
first monthly payments; recording fees; copies of easements and restrictions;
mortgagee title policy with endorsements required by lender; loan-related
inspection fees; photos, amortization schedules, one-half of escrow fee;
transfer fees for cooperative or association membership for utility services;
all prepaid items, including required premiums for flood and hazard insurance,
reserve deposits for insurance, ad valorem taxes and special governmental
assessments; final compliance inspection; courier fee, repair inspection,
underwriting fee and wire transfer, expenses incident to any loan, and other
expenses payable by Buyer under this contract.
|
B.
|
Buyer
shall pay Private Mortgage Insurance Premium (PMI), VA Loan Funding
Fee,
or FHA Mortgage Insurance Premium (MIP) as required by the
lender.
|
|
C.
|
If
any expense exceeds an amount expressly stated in this contract for
such
expense to be paid by a party, that party may terminate this contract
unless the other party agrees to pay such excess. Buyer may not pay
charges and fees expressly prohibited by FHA, VA, Texas Veteran’s Housing
Assistance Program or other governmental loan program
regulations.
|
13. PRORATIONS
AND ROLLBACK TAXES:
|
A.
|
PRORATIONS:
Taxes for the current year, interest, maintenance fees, assessments,
dues
and rents will be prorated through the Closing Date. If taxes for
the
current year vary from the amount prorated at closing, the parties
shall
adjust the prorations when tax statements for the current year are
available. If taxes are not paid at or prior to closing, Buyer shall
pay
taxes for the current year.
|
|
B.
|
ROLLBACK
TAXES: If this sale or Buyer’s use of the Property after closing results
in the assessment of additional taxes, penalties or interest (Assessments)
for periods prior to closing, the Assessments will be the obligation
of
Buyer. If Seller’s change in use of the Property prior to closing or
denial of a special use valuation on the Property claimed by Seller
results in Assessments for periods prior to closing, the Assessments
will
be the obligation of Seller. Obligations imposed by this paragraph
will
survive closing.
|
14. CASUALTY
LOSS:
If any
part of the Property is damaged or destroyed by fire or other casualty after
the
effective date of this contract, Seller shall restore the Property to its
previous condition as soon as reasonably possible, but in any event by the
Closing Date. If Seller fails to do so due to factors beyond Seller’s control,
Buyer may (a) terminate this contract and the ▇▇▇▇▇▇▇ money will be refunded
to
Buyer (b) extend the time for performance up to 15 days and the Closing Date
will be extended as necessary or (c) accept the Property in its damaged
condition with an assignment of insurance proceeds and receive credit from
Seller at closing in the amount of the deductible under the insurance policy.
Seller’s obligations under this paragraph are independent of any obligations of
Seller under Paragraph 7.
15. DEFAULT:
If Buyer
fails to comply with this contract, Buyer will be in default, and Seller may
(a)
enforce specific performance, seek such other relief as may be provided by
law,
or both, or (b) terminate this contract and receive the ▇▇▇▇▇▇▇ money as
liquidated damages, thereby releasing both parties from this contract. If,
due
to factors beyond Seller’s control, Seller fails within the time allowed to make
any non-casualty repairs or deliver the Commitment, or survey, if required
of
Seller, Buyer may (a) extend the time for performance up to 15 days and the
Closing Date will be extended as necessary or (b) terminate this contract as
the
sole remedy and receive the ▇▇▇▇▇▇▇ money. If Seller fails to comply with this
contract for any other reason, Seller will be in default and Buyer may (a)
enforce specific performance, seek such other relief as may be provided by
law,
or both, or (b) terminate this contract and receive the ▇▇▇▇▇▇▇ money, thereby
releasing both parties from this contract.
16. MEDIATION:
It is
the policy of the State of Texas to encourage resolution of disputes through
alternative dispute resolution procedures such as mediation. Any dispute between
▇▇▇▇▇▇ and ▇▇▇▇▇ related to this contract which is not resolved through informal
discussion q
will
q
will not
be submitted to a mutually acceptable mediation service or provider. The parties
to the mediation shall bear the mediation costs equally. This paragraph does
not
preclude a party from seeking equitable relief from a court of competent
jurisdiction.
17. ATTORNEY’S
FEES:
The
prevailing party in any legal proceeding related to this contract is entitled
to
recover reasonable attorney’s fees and all costs of such proceeding incurred by
the prevailing party.
18. ESCROW:
The
escrow agent is not (a) a party to this contract and does not have liability
for
the performance or nonperformance of any party to this contract, (b) liable
for
interest on the ▇▇▇▇▇▇▇ money and (c) liable for the loss of any ▇▇▇▇▇▇▇ money
caused by the failure of any financial institution in which the ▇▇▇▇▇▇▇ money
has been deposited unless the financial institution is acting as escrow agent.
At closing, the ▇▇▇▇▇▇▇ money must be applied first to any cash down payment,
then to Buyer’s Expenses and any excess refunded to Buyer. If both parties make
written demand for the ▇▇▇▇▇▇▇ money, escrow agent may require payment of unpaid
expenses incurred on behalf of the parties and a written release of liability
of
escrow agent from all parties. If one party makes written demand for the ▇▇▇▇▇▇▇
money, escrow agent shall give notice of the demand by providing to the other
party a copy of the demand. If escrow agent does not receive written objection
to the demand from the other party within 30 days after notice to the other
party, escrow agent may disburse the ▇▇▇▇▇▇▇ money to the party making demand
reduced by the amount of unpaid expenses incurred on behalf of the party
receiving the ▇▇▇▇▇▇▇ money and escrow agent may pay the same to the creditors.
If escrow agent complies with the provisions of this paragraph, each party
hereby releases escrow agent from all adverse claims related to the disbursal
of
the ▇▇▇▇▇▇▇ money. Escrow agent’s notice to the other party will be effective
when deposited in the U. S. Mail, postage prepaid, certified mail, return
receipt requested, addressed to the other party at such party’s address shown
below. Notice of objection to the demand will be deemed effective upon receipt
by escrow agent.
19. REPRESENTATIONS:
Seller
represents that as of the Closing Date (a) there will be no liens, assessments,
or security interests against the Property which will not be satisfied out
of
the sales proceeds unless securing payment of any loans assumed by Buyer and
(b)
assumed loans will not be in default. If any representation of Seller in this
contract is untrue on the Closing Date, Buyer may terminate this contract and
the ▇▇▇▇▇▇▇ money will be refunded to Buyer.
20. FEDERAL
TAX REQUIREMENTS:
If
Seller is a “foreign person,” as defined by applicable law, or if Seller fails
to deliver an affidavit to Buyer that Seller is not a “foreign person,” then
Buyer shall withhold from the sales proceeds an amount sufficient to comply
with
applicable tax law and deliver the same to the Internal Revenue Service together
with appropriate tax forms. Internal Revenue Service regulations require filing
written reports if currency in excess of specified amounts is received in the
transaction.
21. NOTICES:
All
notices from one party to the other must be in writing and are effective when
mailed to, hand-delivered at, or transmitted by facsimile as
follows:
| To Buyer at: | To Seller at: |
| ▇▇▇ ▇▇▇▇▇▇ ▇▇▇, #▇ | Cutting Edge- Custom Home, Inc |
| Bedfort, Texas 16021 | P.O. Box 1501 |
| ▇▇▇▇▇▇, ▇▇ 76744 | |
| Telephone: (817) ▇▇▇- ▇▇▇▇ | Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ |
| Facsmile: (__)_______________ | Facsmile: (▇▇▇) ▇▇▇-▇▇▇▇ |
22. AGREEMENT
OF PARTIES:
This
contract contains the entire agreement of the parties and cannot be changed
except by their written agreement. Addenda which are a part of this contract
are
(check all applicable boxes):
|
q Third
Party Financing Condition Addendum
|
q Addendum
for Coastal Area Property
|
|
q Seller
Financing Addendum
|
q Addendum
for Property Located Seaward of the Gulf Intracoastal
|
| Waterway | |
|
q Loan
Assumption Addendum
|
|
|
q Addendum
for Property Subject to Mandatory Membership in an Owners’
Association
|
q Addendum
for Release of Liability on Assumption of FHA, VA, or Conventional
Loan
Restoration of Seller’s Entitlement for VA Guaranteed
Loan
|
|
q Addendum
for Sale of Other Property by Buyer
|
q Addendum
for Unimproved Property Located in a Certificated Service Area
of a
Utility Service Provider |
| q Environmental Assessment, Threatened or Endangered Species and Wetlands Addendum | q Addendum for “Back-Up Contract” |
| q Other (list):_______________________________________________ | |
| ___________________________________________________ |
23. TERMINATION
OPTION: This paragraph will be a part of this contract ONLY if both blanks
are
filled in and Buyer has paid the Option Fee.
Buyer
has paid Seller $
(Option
Fee) for the unrestricted right to terminate this contract by giving notice
of
termination to Seller within
days
after the effective date of this contract. If Buyer gives notice of termination
within the time specified, the Option Fee will not be refunded, however, any
▇▇▇▇▇▇▇ money will be refunded to Buyer. The Option Fee q
will
q
will not
be credited to the Sales Price at closing. For the purposes of this paragraph,
time is of the essence; strict compliance with the time for performance stated
herein is required.
24. CONSULT
AN ATTORNEY:
Real
estate licensees cannot give legal advice. READ THIS CONTRACT CAREFULLY. If
you
do not understand the effect of this contract, consult an attorney BEFORE
signing.
|
▇▇▇▇▇’s
Attorney is:
|
▇▇▇▇▇’s Seller’s
Attorney
is:
|
| Telephone: (__)_______________ | Telephone: (__)_______________ |
| Facsmile: (__)_______________ | Facsmile: (__)_______________ |
EXECUTED
the
day of
,
20
(EFFECTIVE DATE). (BROKER: FILL IN THE DATE OF FINAL
ACCEPTANCE.)
| __________________________________________________________ | __________________________________________________________ |
| Buyer | Seller |
| __________________________________________________________ | __________________________________________________________ |
| Buyer | Seller |
The
form
of this contract has been approved by the Texas Real Estate Commission. TREC
forms are intended for use only by trained real estate licensees. No
representation is made as to the legal validity or adequacy of any provision
in
any specific transactions. It is not suitable for complex transactions. Texas
Real Estate Commission, P.O. Box 12188, Austin, TX 78711-2188, 1-800-250-8732
or
(▇▇▇) ▇▇▇-▇▇▇▇ (▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇▇▇.▇▇.▇▇) TREC NO. 9-5. This form replaces
TREC NO. 9-4.