Gene, you're close, but not totally correct. The Texas Real Estate Commission (TREC) does not have an officially promulgated contract for commercial transactions. The Texas Association of Realtors(r) does. As it's an illegal practice of law for an agent to draft a contract for a third party, an agent should use either a TAR form or an attorney-written form that has been designed for that type of transaction. Principals can draw up a contract on the back of a napkin if they wish....agents can't. On the other hand, the TAR forms include a warning that these contract forms are for Realtors(R) only. Anybody else using them is committing a copyright violation. If you're not a Realtor(R) and are not working thru one, the best thing to do is to either use a proven, lawyer-written form or preferably have it drawn up by an attorney representing you. It's cheap insurance.
May 4, 2011