To protect their client it is necessary for the real estate licensee to not only know what goes in the blank but what is in the preprinted part of the contract forms. After studying this book the licensee will be able to: Fill in the blanks of the forms properly. Be aware of the business details covered in the contract. Be knowledgeable regarding addenda. Understand when and how to use an amendment. Know the difference between addenda and notices and each of their roles. Recognize potential legal problems and know when to advise clients to seek legal advice.

Texas Promulgated Contracts familiarizes students with the forms and addenda put forth by the Texas Real Estate Commission (TREC), so they can knowledgably represent real estate buyers and sellers. Licensees will learn which forms are appropriate in various situations, how to accurately complete these forms, and how to explain to all parties their options under those contracts. This text is designed to meet TREC's standards for the 30-hour Promulgated Contract Forms course, and is based on the teaching, brokerage, and writing experiences of two qualified, successful real estate educators.

Protecting their client is top priority for every real estate licensee. That starts with an understanding of the forms they will be asking the client to sign. The ability to explain the form without going too far and practicing law without a license is a talent every agent must acquire. This book will help agents know both the pre-printed part of the form and how to correctly fill in the blanks.

"Understanding how to properly complete a promulgated contract is essential to your success as a real estate professional. Unfortunately, completing a contract form inaccurately can not only kill a deal and tarnish your reputation, it can also put your career at risk if you're faced with disciplinary action. The information provided in this textbook will help you identify the right form to use, and how to fill out each one correctly. The most widely-used promulgated forms are explained section by section, including the One to Four Family Residential Contract (Resale). In addition, special addendum such as the Seller Financing Addendum and the Addendum for Back-Up Contract are discussed in-depth. For transactions with specific circumstances, this textbook also covers how and when to use the promulgated forms regarding disclosures, notices, and certificates." -- back cover.

Preparing future licensees for knowledge of contract law and the proper use of Texas Promulgated Contract forms.