Which of the following is an exception to a license holder using a TREC-promulgated contract form?

The correct answer identifies that using an attorney-prepared form is an exception to the requirement for license holders to use Texas Real Estate Commission (TREC)-promulgated contract forms. In Texas, individuals who are licensed for real estate transactions must typically utilize these standardized forms to ensure compliance with state regulations and to protect the interests of all parties involved in a transaction. However, the law recognizes that attorneys, who are trained in contract law, have the authority to draft their own legal documents. Therefore, when a transaction involves an attorney-prepared form, it is permissible for a license holder to use such a document in lieu of the TREC-promulgated forms. This exception acknowledges the legal expertise that attorneys provide in drafting contracts, which may be tailored to specific needs or situations beyond what the standardized forms cover.

The other situations presented do not represent valid exceptions to the requirement to use TREC forms. For instance, a broker's personal preference against using standard forms does not exempt them from adhering to the rules set by the Texas Real Estate Commission. Similarly, selling a vacant lot in a subdivision does not fall under any special circumstances that would allow for bypassing the use of TREC-promulgated forms, nor does the act of a license holder preparing