The Texas Real Estate Commission in November 2020 approved several changes to promulgated contract forms, 将于4月1日生效. The most significant of those affect delivery of the termination option fee. 以下是关于这些变化的常见问题的答案.

什么变化正在作出交付的选择费?

TREC recently adopted changes to their residential contract forms with respect to the delivery of option fees. 根据修订后的表格, 从4月1日开始强制执行, 2021, a buyer is required to deliver the option fee to the title company, 不是给卖方的.

What is the deadline for delivery of the option fee to the title company under the revised forms?

The buyer must deliver the option fee to the title company within three days after the effective date of the contract.

May the buyer deliver the option fee together with the earnest money?

是的. The option fee and earnest money may be paid separately or combined in a single payment. The amount delivered will be applied first to the option fee then to the earnest money.

Will the seller have to wait until closing to receive the option fee from the title company?

No. 根据修订后的表格, the buyer authorizes the escrow agent to release and deliver the option fee to the seller at any time without further notice to or consent from the buyer and releases the escrow agent from liability for delivery of the option fee to the seller. 期权费将在收盘时计入销售价格. 请注意, 然而, that any disbursement may be conditioned on the collection of good funds acceptable to the escrow agent. 标题公司, 是由德州保险部门监管的吗, 在支付期权费之前必须遵守良好的资金规则.

When am I required to use the updated versions of the TREC residential forms?

更新后的版本现在可以在自愿的基础上使用. 2021年4月1日是强制性的.

业权公司会接受期权费吗?

The Texas Land Title Association is working with its members to ensure title companies are aware of the changes and prepared to receive delivery of the option fee.

的更改 一至四户住宅合约(转售)

• 第二款c: The definition of Controls was updated to include both software and applications used to access and control accessories along with dedicated hardware solely used for the accessory.
• 第四段: 这一段现在包含了租赁信息, including references to the new residential and fixture lease addenda as well as information on natural resource leases to which seller is a party.
• 第五段: The revised section combines payment of earnest money and termination option in a single provision and calls for payment of the termination option fee to the title agent.
• 段10: A smart-devices section was added to clarify that those devices get transferred with the sale of the property.
• 21款: The notice information changed to allow for more email addresses by updating 传真 要读取的字段 电子邮件/传真.
• 段23: 删除这一段是为了对第5段进行修改.
• The Broker Information page now contains additional space for team names.
• Disclosure language at the bottom of the Broker Information page was updated regarding broker compensation. It now better explains—with examples—why another broker may be receiving compensation for the transaction.

还有哪些表格更新了?

Not every contract received the same update, so check TREC’s website for specifics.