What is the name of the contract used for the sale of residential properties in Texas?

The appropriate contract used for the sale of residential properties in Texas is known as "The One to Four Family Residential Contract (Resale)." This contract is specifically designed for transactions involving residential properties that consist of one to four dwelling units.

This contract includes important provisions regarding the rights and responsibilities of both the buyer and the seller, as well as necessary disclosures and contingencies tailored to residential transactions. It is promulgated by the Texas Real Estate Commission (TREC) which ensures that it meets legal standards and provides a comprehensive structure for residential sales in Texas.

Other options may sound reasonable but do not accurately reflect the title of the standardized contract recognized by TREC for these types of transactions. Understanding the specific terminology and proper usage of contracts in Texas real estate is crucial for both industry professionals and consumers to ensure compliance and protect their interests during property transactions.