New Home Contract (Completed Construction) {24-19}

TREC NO. 24-19 - NEW HOME CONTRACT (Completed Construction). This form promulgated by the Texas Real Estate Commission (TREC) is a standardized legal agreement used in the state of Texas for the purchase and sale of newly constructed residential properties that are fully completed at the time of contract execution. This form is not intended for use in condominium transactions or for properties that are still under construction. It outlines the essential terms and conditions of the sale, including the identification of the buyer and seller, legal description of the property, sales price, financing terms, earnest money and option fees, title policy requirements, survey provisions, property disclosures, and inspection rights. It also includes statutory notices required under Texas law regarding property owners associations, annexation, utility service areas, tax districts, and natural resource leases. www.FormsWorkflow.com