Which of the following is NOT a TREC-promulgated contract?

Prepare for the Texas Contract Law Exam. Study with engaging multiple choice questions, each with explanations. Get ready to excel in your Texas Contract Law Exam!

The correct answer is the Commercial Land Contract.

The Texas Real Estate Commission (TREC) is responsible for promulgating various forms of contracts used in real estate transactions within Texas. TREC-promulgated contracts are official forms that have been vetted and authorized for use by real estate professionals in the state to ensure consistency and clarity in legal agreements.

The Residential Lease Agreement, Residential Condominium Contract, and One to Four Family Residential Contract are all TREC-promulgated forms specifically designed for residential transactions, catering to the legal requirements and norms associated with those types of properties. These forms help protect the rights of all parties involved in residential real estate dealings by providing standardized contracts that adhere to Texas law.

In contrast, the Commercial Land Contract is not a TREC-promulgated form. Commercial contracts typically involve more complex negotiations and legal considerations that do not fall under the purview of TREC, which primarily focuses on residential real estate. For commercial transactions, parties often use their own agreements or forms drafted by legal counsel, reflecting the specific needs and terms relevant to that particular transaction.

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