Promulgated Form
A contract form adopted by TREC for mandatory use by license holders when the form applies and no rule exception controls.
A promulgated form is a contract or addendum that TREC has adopted for mandatory use in a specified transaction. The Texas Real Estate Broker-Lawyer Committee drafts recommended forms, and TREC adopts them. Rule 537.11 lists exceptions, including specified owner-prepared, attorney-prepared, and federal-agency forms.
A license holder may complete the authorized form and add informational items as the rule permits, but may not draft language that defines or affects a party's legal rights, obligations, or remedies. Unusual legal provisions belong with an attorney.
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A negotiated period in the TREC residential contract during which the buyer may terminate for any reason, in exchange for an option fee.
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The statutory Texas form on which a seller of most residential property discloses the property's known condition to the buyer.
- Statute of Frauds
The rule that contracts for the sale of real property must be in writing and signed to be enforceable.
This definition is Texas real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.