The Texas Real Estate Commission recently approved many forms changes that take effect June 1. Here are changes to the Repairs Paragraph that affect the One to Four Family Residential Contract (Resale) (TAR 1601, TREC 20-12), Unimproved Property Contract (TAR 1607, TREC 9-11), New Home Contract (Completed Construction) (TAR 1604, TREC 24-13), Farm and Ranch Contract (TAR 1701, TREC 25-10), and Residential Condominium Contract (Resale) (TAR 1605, TREC 30-11).
Paragraph 7F: Completion of Repairs
The seller will be required to use someone who is licensed to perform a repair or service—unless the buyer and seller agree otherwise in writing. If the type of repair doesn’t require a license (e.g., roofing), the seller will be required to use someone who is commercially engaged in that repair business—unless the buyer and seller agree otherwise in writing.
This change does not mean that no seller can ever use an unlicensed handyman for electrical repairs. It means that absent a written agreement between the buyer and seller to use that unlicensed handyman for electrical repairs, the seller must use a licensed electrician.
Also, the time to extend the contract for repairs was shortened from 15 days to 5 days.
See all the changes TREC approved as well as more changes the commission has proposed at TexasRealEstate.com.
Source: Texas Association of REALTORS