Legal Briefs: Appraisals and Additional Right to Terminate

Can You Collect Fees From Both Parties in a Transaction?

Yes, but The Real Estate License Act states that, as a license holder, you may only receive compensa...

When Should the Option Fee Be Released to the Seller?

We often get asked about when the option fee should be released to the seller when using the One to ...

Reduce Risk in Your Business

Earning the Texas Risk Reduction Specialist certification will help you identify—and avoid—poten...

A New Threat to Your Business and Clients

Want to keep you and your clients safe from fraud? Register for the August 8 webinar where you'll le...

Understanding Fractions of Mineral Ownership

When does 1/2 of 1/8 not equal 1/16? This isn’t a trick question; it’s the subject of a recent T...

Legal FAQ: MUD and Buyer Special Notices

I've heard that a seller whose home is located in a municipal utility district, or MUD, is required ...

What Is a Variable-Rate Commission?

The REALTOR® Code of Ethics defines a variable-rate commission arrangement as a listing in which on...

Practice Real Estate, Not Law

You may think you’re just being helpful, but if you’re not careful, your advice could fall outsi...

Fact or Fiction: Spending Limit on a Closing Gift?

A closing gift you give to a client must not exceed $50 in value. Fiction. There is no Texas Re...

Legal FAQ: How Quickly Must You Remove a Listing?

The Real Estate License Act, TREC rules, and NAR’s Code of Ethics prohibit any misleading or false...

Being Sued? The Legal Fund May Provide Financial Help

REALTORS® who have been sued or need to bring legal action may receive financial or other legal ass...

What You Can't Say About Your Commissions

In my marketing and when talking to prospective clients, I say that I charge the standard commission...

Fact or Fiction: Must I report sales prices to the MLS?

Since Texas is a non-disclosure state, a listing broker does not have to report a client’s sales p...

Can a Contract Be Terminated Over Proposed Amendments?

No. Even though a buyer or seller can propose an amendment to the contract at any time, merely propo...

Can You Sell a Manufactured Home Without a License?

I’m a licensed real estate sales agent, and I’m working with a client who wants to sell his ma...

NAR Asks FHFA to Reconsider Changes to Fees

In January 2023, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to ch...

Understanding the Texas Uniform Condominium Act

Did you know that your clients can be forced to sell their condominium because other unit owners agr...

How to Prevent Disability Discrimination and Promote Fair Housing

Allegations of disability discrimination were more than half of all fair housing complaints in 2021,...

Fair Housing and Tenants’ Requests

The federal Fair Housing Act allows tenants with disabilities to request changes to the structures o...