Do all TREC promulgated contracts state that the Buyer is purchasing the property 'as-is'?

In Texas real estate transactions, TREC (Texas Real Estate Commission) promulgated contracts typically include language regarding the condition of the property being purchased. However, it's important to note that not all TREC contracts automatically state that the Buyer is purchasing the property "as-is."

The correct interpretation is that while buyers often have the opportunity to purchase properties "as-is," this condition is not universally applied across all contracts. Certain contracts, such as the residential sale contract, may include an "as-is" clause, but this is contingent on the specific terms negotiated and the context of the transaction. Buyers can still negotiate repairs or require inspections, which would effectively modify the "as-is" condition.

Therefore, labeling it as universally true does not accurately reflect the nuances of every TREC promulgated contract. The inclusion of the "as-is" condition varies based on the agreement made between the buyer and seller and the particular contract being used. It is crucial for participants in real estate transactions to understand the specific language within their contracts.