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.
Q: What is TREC Form 24-16?
A: TREC Form 24-16 is a contract used for the purchase of a new home in Texas after it has been completed construction.
Q: Who uses TREC Form 24-16?
A: Buyers and sellers of new homes in Texas use TREC Form 24-16 to document the terms and conditions of the sale.
Q: What does TREC Form 24-16 include?
A: TREC Form 24-16 includes details about the property, the purchase price, financing, closing costs, and other important terms of the sale.
Q: When is TREC Form 24-16 used?
A: TREC Form 24-16 is used when purchasing a new home in Texas that has already been completed construction.
Q: Is TREC Form 24-16 legally binding?
A: Yes, TREC Form 24-16 is a legally binding contract once signed by both the buyer and the seller.
Form Details:
Download a fillable version of TREC Form 24-16 by clicking the link below or browse more documents and templates provided by the Texas Real Estate Commission.