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Which entity promulgates condominium contract s trec or tar Form: What You Should Know

How does TREE work? TREE is one branch of the Texas Board of Realtors. The Board is responsible for the regulation and oversight of the professional practice of real estate. TREE regulates in the public interest the profession of real estate. The TREE rules and regulations, which are made available on the TREE website, provide guidance to the public, professional brokers in the State of Texas, and State of Texas attorneys and state legislators. TREE regulates the business of real estate and provides licensing and registration to residential real estate brokerage employees, who in turn must register with TREE. The Board does not regulate the business of the real estate commission. What other regulatory agencies work with TREE? The TAR provides information to Texas real estate agencies, including the Texas Department of Insurance, the Texas Insurance Department, the Texas Department of Banking, the Texas Department of Licensing and Regulation, the Texas Banking Commission, the Texas State Public Utility Commission, the Texas Water Resources Board, the Texas Department of Insurance, the Texas Comptroller of Public Accounts, the Texas Department of Licensing and Regulation, and the Texas Department of Licensing and Regulation's Commission for Real Estate Services (CARES). Real Estate Services Contract (RCS) — TREE May 25, 2024 – May 25, 2025, by: TREE Staff. This contract form is used for the provision of real estate services to a resident. What contract forms are provided? TREE provides the following commercial real estate contract forms: RECAST: for the use of a nonresident with an existing brokerage account RCS: the commercial real estate contract form for the use of a nonresident with no existing brokerage account RECS-WISER/WISER-RENEW: for the use of a nonresident with limited brokerage accounts RCS: the commercial real estate contract form for the use of a residential tenant with limited brokerage coverage RENEWAL — Residential: for a residential tenant with limited non-residential coverage Who drafts and edits, and who approves final versions of these forms? The TREE staff provides feedback for the submission of these forms to TREE. All forms are finalized in a review process by TREE administrative staff. TREE retains final copies of contract forms to ensure that both parties to a contract have received their versions.

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