This document discusses promulgated or standardized real estate purchase contracts used in Texas. It outlines the main sections that are typically included in these contracts, such as parties, property, sales price, earnest money, closing, possession, default, mediation, notices, and signatures. The document also notes some of the differences between the 1-4 family residential contract and other specialized contracts for properties like condominiums, farms, unimproved land, and new homes.

1. Texas
Promulgated
Contract Forms
Unit 6: Overview of
Promulgated Purchase
Contracts

2. Unit 6: Overview of
Promulgated Purchase
Contracts
Differences Between the 1-4 Family
Residential Contract and the Other Contracts
 Residential Condominium Contract (Resale)
 Farm and Ranch Contract
 Unimproved Property Contract
 New Home Contract (Incomplete Construction)
 New Home Contract (Completed Construction)

3. Unit 6: Overview of
Promulgated Purchase
Contracts
Differences Between the 1-4 Family
Residential Contract and the Other Contracts
 Residential Condominium Contract (Resale)
 Farm and Ranch Contract
 Unimproved Property Contract
 New Home Contract (Incomplete Construction)
 New Home Contract (Completed Construction)

4. Unit 6: Overview of
Promulgated Purchase
Contracts
 1. Parties
 2. Property
 3. Sales Price
 4. License Holder Disclosure
 5. Earnest Money
 6. Title Policy and Survey
Sections:

5. Unit 6: Overview of
Promulgated Purchase
Contracts
Sections:
 7. Property Condition
 8. Brokers’ Fees
 9. Closing
 10. Possession
 11. Special Provisions
 12. Settlement and Other Expenses

6. Unit 6: Overview of
Promulgated Purchase
Contracts
Sections
 13. Prorations
 14. Casualty Loss
 15. Default
 16. Mediation
 17. Attorney’s Fees
 18. Escrow

7. Unit 6: Overview of
Promulgated Purchase
Contracts
Sections
 19. Representations
 20. Federal Tax Requirements
 21. Notices
 22. Agreement of Parties

8. Unit 6: Overview of
Promulgated Purchase
Contracts
Sections
 23. Termination Option
 24. Consult an Attorney
 Effective Date & Signatures
 Broker Information
 Receipts