Which of the following is NOT a TREC-promulgated contract form?

Which of the following is NOT a TREC-promulgated contract form?

• A. One to Four Family Residential Contract (Resale)
• B. New Home Contract (Incomplete Construction)
• C. Farm and Ranch Contract
• D. Commercial Lease Contract

Answer: (D)

Promulgated contract forms are standardized documents approved by the Texas Real Estate Commission to govern certain types of real estate sales transactions. Among the options, the first one is a standard form used for resale of residential properties, the second one is a form used for new homes (incomplete construction), and the third is a form designed for farm and ranch properties. These are all examples of TREC-promulgated sale contracts that guide the terms, contingencies, and disclosures in specific kinds of property transactions. A Commercial Lease Contract, however, is not one of these TREC-promulgated sale forms. Leases—especially commercial leases—are typically handled with lease-specific forms provided by brokerages or associations or drafted to fit the particular lease arrangement, rather than a standardized TREC sale contract. Therefore, it isn’t a TREC-promulgated contract form.

Promulgated contract forms are standardized documents approved by the Texas Real Estate Commission to govern certain types of real estate sales transactions. Among the options, the first one is a standard form used for resale of residential properties, the second one is a form used for new homes (incomplete construction), and the third is a form designed for farm and ranch properties. These are all examples of TREC-promulgated sale contracts that guide the terms, contingencies, and disclosures in specific kinds of property transactions.

A Commercial Lease Contract, however, is not one of these TREC-promulgated sale forms. Leases—especially commercial leases—are typically handled with lease-specific forms provided by brokerages or associations or drafted to fit the particular lease arrangement, rather than a standardized TREC sale contract. Therefore, it isn’t a TREC-promulgated contract form.