Which is an exception to using a TREC-promulgated contract form?

A TREC-promulgated contract form is typically required for residential transactions in Texas; however, there are exceptions, and one significant exception is when a U.S. government agency mandates the use of a different form. This means that in certain cases, such as federally backed loans or transactions involving government entities (like HUD or VA), the standard TREC forms might not be applicable.

This exception underscores the need for compliance with federal regulations and requirements when dealing with properties that fall under the jurisdiction of a government agency, thus taking precedence over the state-promulgated forms. In such situations, the specific forms required by the agency are necessary to ensure that all legal and procedural obligations are met.

In contrast, while cash transactions, commercial property sales, and general residential transactions could involve alternative contracts or scenarios, they do not universally serve as exceptions to the requirement of a TREC form in the same way that a government agency's directive does.