TREC 40-5 2011-2025 free printable template
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40-5 Third Party Financing Condition Addendum Concerning Page 2 of 2 Address of Property amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure. 12-05-11 EQUAL HOUSING OPPORTUNITY PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION TREC THIRD PARTY FINANCING ADDENDUM FOR CREDIT APPROVAL TO CONTRACT CONCERNING THE PROPERTY AT Street Address and City Buyer shall apply promptly for all...
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How to fill out trec form 40 5
How to fill out TREC 40-5
01
Obtain the TREC 40-5 form from the Texas Real Estate Commission (TREC) website or your real estate broker.
02
Fill in the date of the transaction at the top of the form.
03
Provide the names and contact information of all parties involved in the transaction.
04
Specify the property address and legal description of the property.
05
Indicate the type of transaction (sale, lease, etc.) and any relevant contract information.
06
Detail the financial terms, including sale price, earnest money, and financing options, if applicable.
07
Review and include any applicable contingencies or special conditions.
08
Ensure all parties sign and date the form.
Who needs TREC 40-5?
01
Real estate agents and brokers involved in a transaction in Texas.
02
Buyers and sellers of residential property in Texas who need to document the transaction.
03
Title companies and attorneys handling the closing of a real estate deal.
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What is TREC 40-5?
TREC 40-5 is a form used by the Texas Real Estate Commission for the reporting of certain information related to real estate transactions.
Who is required to file TREC 40-5?
Real estate professionals and agents in Texas who are involved in certain transactions are required to file TREC 40-5.
How to fill out TREC 40-5?
To fill out TREC 40-5, individuals should provide all required information as indicated on the form, ensuring accuracy and completeness.
What is the purpose of TREC 40-5?
The purpose of TREC 40-5 is to collect data for regulatory oversight and to maintain records of real estate transactions in Texas.
What information must be reported on TREC 40-5?
Information that must be reported on TREC 40-5 includes details about the transaction, parties involved, dates, and financial disclosures pertinent to the transaction.
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