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Texas RE Promulgated Contract Forms - Champions 2020 questions with correct answers
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---6March 20232022/2023A+
- TREC contract forms & their uses - pg 35 CORRECT ANSWER The contract form: is the One to Four Family Residential Contract (Resale). One to four means that it can be used for single-family properties, duplexes, triplex properties, and four-unit buildings. 
A building with five or more living units would be considered to be a commercial transaction. 
It is also used for resales only. 
A new home contract would be used on new home sales. This form is not to be used for a condominium, but may be ...
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