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TREC Document Template

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TREC Document Template

This General Business Agreement (the Agreement) is entered into as of Effective Date: between Service Provider Name: and Client Name: .

Recitals

WHEREAS, Service Provider is duly organized and qualified to provide the professional services described in this Agreement and represents that it has the skill, personnel and licensing required to perform such services in a professional manner; and

WHEREAS, Client desires to engage Service Provider to perform the services described herein under the terms and conditions set forth below; and

WHEREAS, the parties wish to set forth their mutual understandings and obligations regarding the scope, compensation, confidentiality and term of the engagement.

Scope of Work

Service Provider shall perform the services described below for Client in accordance with the terms of this Agreement. The parties acknowledge that any material change to the scope shall require a written amendment signed by both parties.

Payment Terms

Client shall pay Service Provider for services performed as set forth in this section. All fees are exclusive of applicable taxes unless otherwise stated.

Invoices shall be due within the number of days specified in the Payment Schedule. Service Provider may suspend performance for invoices overdue beyond fifteen (15) days following written notice to Client if payment is not received.

Term and Termination

This Agreement commences on Start Date: and continues until End Date: unless earlier terminated in accordance with this Section.

Either party may terminate this Agreement for cause upon written notice if the other party materially breaches any obligation and fails to cure such breach within the termination notice period set forth above. Upon termination, Client shall pay Service Provider for all services performed and costs incurred up to the effective date of termination.

Confidentiality

Each party (Recipient) shall hold in strict confidence and shall not disclose to any third party any Confidential Information received from the other party (Discloser). Confidential Information includes non-public information disclosed in connection with this Agreement, whether oral, written or electronic, and any summaries or derivations thereof.

The obligations under this section do not apply to information that: (a) is or becomes publicly known other than by breach of this Agreement; (b) is independently developed by Recipient without use of Discloser’s Confidential Information; or (c) is required to be disclosed by law, provided Recipient gives Discloser prompt written notice to permit a protective order or other remedy.

Representations; Insurance

Each party represents that it has full power and authority to enter into this Agreement. Service Provider shall maintain commercial general liability and professional liability insurance in amounts customary for the industry and shall provide certificates of insurance upon reasonable request.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to its conflict of laws principles. The parties consent to the exclusive jurisdiction and venue of the state and federal courts located in that state for any dispute arising out of this Agreement.

Indemnification

Each party shall indemnify, defend and hold harmless the other party from and against any claims, damages, liabilities, costs and expenses (including reasonable attorneys' fees) arising out of the indemnifying party’s breach of this Agreement, negligence or willful misconduct, except to the extent caused by the indemnitee’s negligence or willful misconduct.

Entire Agreement; Amendments

This Agreement, together with any exhibits and attachments expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, negotiations and communications, whether oral or written. No amendment or modification of this Agreement shall be effective unless in writing and signed by authorized representatives of both parties.

Miscellaneous

If any provision of this Agreement is held invalid or unenforceable, the remainder shall remain in full force and effect. The parties acknowledge that neither party is relying on any representations not expressly set forth in this Agreement. Notices under this Agreement shall be in writing and delivered to the address provided by each party below.

Service Provider

Printed Name:

By:

Date:

Client

Printed Name:

By:

Date:

Enter text✕

What the TREC Document Template Is

The TREC Document Template is a standardized Texas Real Estate Commission form set used for residential real estate transactions, addenda, and related disclosures. Templates codify commonly required contract language, deadlines, and signature blocks so parties and brokers follow statutory and regulatory expectations. In practice TREC templates reduce drafting variation, help ensure required disclosures are present, and serve as the baseline document submitted to title companies, lenders, and county recorders. Electronic execution is permissible under federal and state e-signature laws when the template captures intent, consent, signer attribution, and retained legible records.

Why a Proper TREC Template Matters

Using a correct TREC template reduces disputes, aligns with Texas disclosure requirements, and speeds transaction milestones with consistent fields and clear signature blocks.

Why a Proper TREC Template Matters

Who Commonly Completes TREC Templates

Each role interacts with different fields and deadlines; accurate completion at each handoff reduces signing errors and recordation delays.

  • Listing agents preparing the seller’s disclosure and contract sections for presentation to buyers and their agents.
  • Buyer agents confirming dates, inspection options, and delivery of earnest money instructions to title companies.
  • Title company personnel verifying notarizations, recording requirements, and clean chain-of-title documentation.

Who Can Sign and Their Authority

Listing Agent

A listing agent signs only if they are also an authorized party or signatory. Typically the seller or an authorized seller representative must sign; agents execute as witnesses or brokers, not as the principal, unless given explicit authority in writing.

Buyer/Buyer Agent

The buyer or an authorized buyer representative must sign the contract to bind the buyer. An agent can sign only with written power of attorney or explicit authorization that complies with TREC and state law requirements.

Key Security and Compliance Details to Note

Encryption: AES-256 at rest; TLS 1.2/1.3 in transit
Audit Trail: Comprehensive timestamped action log
Authentication: Email, SMS codes, or advanced methods
Certifications: SOC 2 Type II and ISO 27001 available
HIPAA Support: BAA available for covered workflows
PDF Support: PDF, DOCX, and exportable signed copies

Step-by-Step: Completing a TREC Template

Follow these sequential actions to populate, validate, and execute a TREC template for a typical Texas residential transaction.

  • 01
    Prepare Parties: Enter full legal names and contact information.
  • 02
    Set Dates: Complete effective date, option period, and closing date fields.
  • 03
    Specify Consideration: List purchase price and earnest money instructions.
  • 04
    Sign and Deliver: Obtain required signatures, notarizations, and distribute copies.

How to Configure an Online TREC Workflow

Set up field mappings, signer order, and authentication to match the transaction flow and lender or title company requirements.

Field Configuration
Signer Authentication Email link | SMS code | KBA as needed
Conditional Fields Show options only when related checkboxes selected
Templates Save TREC form variant for reuse
Bulk Send Upload CSV recipients for mass distribution

Where to Send or File a Completed TREC Template

After execution, route the completed template to the parties and the entities that require a copy for closing and recordation.

  • Title Company: Send final contract and earnest money instructions for closing.
  • Lender: Provide executed contract and addenda required for loan approval.
  • County Recorder: Submit deed for recordation after closing and funding.
  • All Parties: Distribute fully executed copies to buyer, seller, and agents.

Typical TREC Contract Deadlines to Track

Deadlines in a TREC contract affect inspection rights, option periods, financing contingencies, and recording; confirm each deadline in the executed form.

Offer Expiration / Deadline:

When an offer lapses if not accepted—explicitly state time and date.

Option Period End:

Buyer’s unrestricted termination window; often 5–10 days per contract.

Inspection Objection Deadline:

Date for delivery of repair requests or termination notice.

Closing / Settlement Date:

Date for funding, deed delivery, and possession transfer.

Recordation Timing:

Submit deed to county clerk immediately after closing and funding.

Common Preparation Mistakes to Avoid

  • Using abbreviated names or nicknames that do not match title or tax records, causing recording or escrow hold issues.
  • Failing to specify where earnest money is deposited or who receives it, which delays closing or creates disputes.
  • Omitting the effective date or leaving deadlines ambiguous, producing uncertainty about option or contingency periods.
  • Not confirming notarization or witness needs before signing, leading to rejected deeds or delayed recordation.

Consequences of an Incorrect TREC Template

Delayed Closing: Signing or notarization errors may postpone funding.
Recording Rejection: Incomplete acknowledgements can cause county clerk refusal.
Contract Voidable: Material omissions or misrepresentation risk rescission.
Financial Liability: Misstated earnest money instructions can trigger claims.
Tax Reporting Errors: Incorrect party data may require corrected 1099 filings.
Regulatory Exposure: Noncompliance with disclosure rules invites sanctions.

Typical eSignature Pricing and Feature Comparison

Below is a brief vendor comparison for eSignature plans commonly used to sign TREC templates; signNow is listed first per platform ordering rules.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day trial Verify vendor Verify vendor Verify vendor Verify vendor
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Frequently Asked Questions About TREC Templates

Answers to common questions about electronic signing, notarization, and error correction for TREC documents in Texas.


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