Our TREC contract forms contain 3 options regarding the survey:
6C(1): Seller will furnish a copy of their existing survey and either an Affidavit or Declaration regarding any known changes since the survey was done
6C(2): Buyer obtains a new survey for the transaction at the Buyer’s
Meet Stefanie Taylor
A Realtor with Heart and Hustle
I’ve always loved homes—exploring floor plans, noticing details, and imagining how people live in a space. Helping others has always come naturally to me, and real estate allows me to combine those passions in a meaningful [...]
Meet Stacey Olmstead
A Career Built on Advocacy, Integrity, and Heart
Licensed in 2000, her real estate career began with Ebby Halliday Realtors, where she built a strong foundation in professionalism and client service. She later joined Virginia Cook Realtors, which became part of Paragon REALTORS® in 2019. Each step helped shape a career [...]
Margaret Mealy’s path into real estate is rooted in curiosity, connection, and a genuine love for helping people navigate meaningful life moments. What began as an unexpected opportunity quickly grew into a career built on strong relationships, local knowledge, and a deep [...]
Also known as liquefied petroleum (LP) or liquefied petroleum gas (LPG), propane is a clean-burning alternative fuel widely used in residential, commercial, agricultural, and automotive applications. Propane is transported and stored as a very cold liquid in tanks or cylinders [...]
The Uniform Residential Appraisal Report (URAR), required by Fannie Mae & Freddie Mac as part of their loan underwriting guidelines, has received a much-needed overhaul, utilizing the Uniform Appraisal Dataset (UAD) 3.6. The last major update to the Appraisal Report/UAD was about 15 years [...]
When one of the parties needs more Option time than originally anticipated, the parties can mutually agree to an extension of the Option Period. Read more about the Termination Option [...]
The contract forms promulgated by the Texas Real Estate Commission (TREC) have a somewhat peculiar provision called the Option Period. You may have heard the term “option contract” before, but options in real estate contracts are typically concerned with the [...]
In the olden days, property transactions were governed by “buyer beware” and the seller had no duty to disclose known conditions. In the 1990s, however, both Texas and Oklahoma legislatures realized that sellers should have a legal duty to disclose known defects. While buyers do still bear [...]
Absolutely! The Seller's (or Landlord's) disclosure of lead-based paint hazards is required by federal law - and brokers are also required to ensure compliance. Sellers (Landlords) must disclose known hazards or reports to Buyers (Tenants), who must [...]
