How to Use the New TXR Forms
How to Use the New TXR Forms
How To Use Residential Buyer/Tenant Representation Agreement–Short Form (TXR 1507)
The new Residential Buyer/Tenant Representation Agreement –Short Form is essentially two forms in one. It can be used to provide a full range of services, or it can be used to provide showing services only.
How to Use Addendum Regarding Brokers' Fees (TXR 2406)
The new Addendum Regarding Brokers’ Fees is used with TREC residential sales contracts (i.e., the One to Four Family Residential Contract, Unimproved Property, and New Home contracts). This form documents the payment of brokers’ fees in the transaction, including from a listing broker or seller to a buyer’s broker.
LINK: https://www.texasrealestate.com/members/posts/how-to-use-addendum-regarding-brokers-fees-txr-2406/
Disclaimer: The above information is being provided as a general guide and is not intended to be and should not be considered legal advice. Use of any form and how to complete each form depends on the needs of the parties on a case-by-case basis.