TREC Form 24-15 New Home Contract (Completed Construction) - Texas

What Is TREC Form 24-15?

This is a legal form that was released by the Texas Real Estate Commission - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is TREC Form 24-15?
A: TREC Form 24-15 is a standardized contract for a new home that has already been completed in Texas.

Q: What does TREC stand for?
A: TREC stands for Texas Real Estate Commission.

Q: Who uses TREC Form 24-15?
A: TREC Form 24-15 is used by buyers and sellers of new homes in Texas.

Q: What does TREC Form 24-15 cover?
A: TREC Form 24-15 covers the purchase and sale of a new home that has already been completed.

Q: Is TREC Form 24-15 specific to Texas?
A: Yes, TREC Form 24-15 is specific to Texas and follows the regulations and requirements set by the Texas Real Estate Commission.

Q: What information is included in TREC Form 24-15?
A: TREC Form 24-15 includes details about the buyer and seller, purchase price, closing date, financing, and various contingencies.

Q: Can TREC Form 24-15 be customized?
A: No, TREC Form 24-15 is a standardized form and cannot be customized. However, additional provisions can be attached if needed.

Q: Is TREC Form 24-15 legally binding?
A: Yes, once both parties sign TREC Form 24-15, it becomes a legally binding contract.

Q: Do I need a real estate agent to use TREC Form 24-15?
A: While it is not required to have a real estate agent, it is recommended to work with a licensed agent or attorney familiar with TREC Form 24-15 to ensure all aspects of the contract are understood and properly executed.