1101.155 – RULES RELATING TO CONTRACT FORMS. (a) The
Texas Occupations Code § 1101.155
Summary
This law allows the commission to mandate the use of specific contract forms for real estate transactions to protect the public. However, it does not prevent license holders from using forms created by property owners or attorneys.
Commission can require specific contract forms for real estate.
License holders can still use owner or attorney-prepared forms.
Aims to ensure public interest in real estate transactions.
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In simple terms: Learn about Texas's RULES RELATING TO CONTRACT FORMS. (a) The law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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