How Well Do You Know the One to Four Contract?

One of the most commonly used forms among Texas REALTORS® is the One to Four Family Residential Contract (Resale) (TAR 1601, TREC 20-14). Texas REALTOR® magazine’s cover story gives you a quick guide to 12 commonly confusing aspects of the contract:

• What is the effective date
• When is the effective date
• How to calculate time periods and deadlines
• What the property is
• Paragraph 2B, Improvements
• What is considered permanently installed and built-in
• What is considered a fixture
• Paragraph 2C, Accessories
• Paragraph 2D, Exclusions
• Repair Amendments
• How the Termination Option and Repair Amendments work together
• What REALTORS® can (or can’t) write in Special Provisions

Download a printable version of the guide, which includes space for your own notes.