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What Contract Do You Use For A Townhouse In Texas? If you're looking to make a real estate transaction for a townhouse in Texas, understanding the right contract to use is essential. In this video, we will walk you through the specifics of the Texas Real Estate Commission One to Four Family Residential Contract, commonly known as the TREC contract. This contract is tailored for typical residential properties, including townhouses, and ensures that all necessary details of the transaction are adequately addressed.

We will also cover the importance of the Addendum for Property Subject to Mandatory Membership in a Property Owners Association, which is crucial for townhouses that are part of homeowners associations. This addendum outlines the rights and responsibilities associated with the homeowners association, including fees, regulations, and access to important documents.

Furthermore, we'll explain how the One to Four Family Residential Contract protects both buyers and sellers by detailing key aspects such as sales price, financing options, earnest money, contingencies, and closing dates. For those considering purchasing a condominium, we will briefly mention the TREC Residential Condominium Contract, which is specifically designed for those types of properties.

Join us as we provide clarity on these important aspects of Texas real estate transactions and emphasize the importance of working with knowledgeable real estate professionals to ensure a smooth process.

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