The latest news from TREC - February 2023





TREC Advisor Newsletter Banner [ [link removed] ]
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TREC Meeting Recap [ [link removed] ]________________________________________________________________________

Takeaways From the Latest TREC Meeting

During the TREC Meeting on February 13, Commissioners adopted changes to the inspection report rule and proposed several other rule changes, including those related to the unauthorized practice of law, broker responsibility, education requirements, and license renewal. Get all the details and learn how to provide public comment on the proposed changes.

*Read More* [ [link removed] ]

Contracts [ [link removed] ]________________________________________________________________________

Are You Using the Right Forms?

February 1 was the effective date for 14 revised TREC forms, including the "One to Four Family Residential Contract (Resale)" (TREC 20-17), "Amendment" (TREC 39-9), "Farm and Ranch Contract" (TREC 25-15), and the "Loan Assumption Addendum" (TREC 41-3). Find the correct forms and review redline versions to see what changed.

*Read More* [ [link removed] ]


What Consumers Should Know About Texas Property Inspections

Homebuyers and sellers in Texas should be cautious about hiring inspectors who offer to do walkthrough, abbreviated inspections that don't follow TREC's Real Estate Inspector Standards of Practice (SOPs) and don't come with a completed TREC "Property Inspection Report Form" (REI 7-6), regardless of any additional report the inspector provides.

Texas inspectors are required to follow SOPs and provide the TREC promulgated form, and not doing so could result in disciplinary action from TREC for the inspector and an incomplete, unusable inspection of a property for consumers.

*Read More* [ [link removed] ]






TREC Updates

Provide Your Input on Proposed Rule Changes

Written public comments on proposed rules from the February meeting are now being accepted. Public comments are provided to the advisory committees and working groups from which a recommendation originated for their review and discussion. The most effective and useful comments detail specific issues with proposals.


* Submit comments through the online public comment tool [ [link removed] ]. Use the dropdown menu under Proposed Rule* to select what you are commenting on. If you would like to comment on multiple proposals, submit each one individually.

You can also send comments to [email protected] or General Counsel, Texas Real Estate Commission, P.O. Box 12188, Austin, Texas 78711-2188.

Review all proposed changes [ [link removed] ].






Resources & Events

* *Broker-Lawyer Committee Meeting: February 24 [ [link removed] ]*
* *Texas Real Estate Inspector Education Subcommittee Meeting: March 23* [ [link removed] ]
* *Education Standards Advisory Committee Meeting: April 3* [ [link removed] ]
* *Broker Responsibility Working Group Meeting: April 12 [ [link removed] ]*
* *Work at TREC: View the latest job listings [ [link removed] ]*
* *View TREC disciplinary actions [ [link removed] ]*

*View TREC Calendar* [ [link removed] ]














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