Tx law-18 - unit 6

2. The Real Estate License Act
 Texas Real Estate Commission
 TRELA Rules Regarding Contract Forms

3. Texas Real Estate Broker-Lawyer Committee

4. Unauthorized Practice of Law
 Applicable Law
› Texas Government Code, Chapter 81
› Texas Government Code, Chapter 83
› Texas Penal Code
› The Real Estate License Act
› Texas Administrative Code
 Disciplinary Action Resulting from the Unauthorized Practice
of Law
 Exceptions to the Unauthorized Practice of Law

5. Use of Promulgated Contract Forms
 Contract Forms That Licensees Must Use
 Exceptions to Using Required Contract Forms
 Guidelines to Filling Out Promulgated Contract Forms
› Completing Contract Forms
› Computing Time in Contracts
› Emailing Contracts

6. Presenting and Accepting Offers
 Presentation of Offer and Multiple Offers
› Multiple Offers
› Counteroffer
› Termination of an Offer

7. Acceptance of Offer
 Method of Acceptance
 Final Acceptance