A residential service company is paying me a fee to advertise for it. Do I have to disclose that fee to my client and use a TREC form?
Yes and yes. You must also provide the client with the TREC Disclosure of Relationship with Residential Service Company form (RSC-2).
A residential service contract is part of a transaction but I am not getting paid by the residential service company. Do I still have to use the TREC Disclosure of Relationship with Residential Service Company form (RSC-2)?
Does the use of the TREC Disclosure of Relationship with Residential Service Company form (RSC-2) apply to both sale and lease transactions?
I have a residential service contract and need my toilet repaired. Can TREC help me with that or should I just call a repairman?
No, your contract first requires you to contact the residential service company to request service. They will instruct you on your contract procedure for obtaining repairs. If you have a problem with your residential service company’s response, then you should contact TREC’s residential service ombudsman at (512) 936-3049.
Is a residential service company required to be licensed to sell residential service contracts in Texas?
Yes. See the general information and forms available on the TREC website.
Is a “residential service contract” the same as a “home warranty”?
Yes, both terms refer to the same product.
Is the Disclosure of Relationship with Residential Service Company form required for every transaction?
No. This form (RSC-2) is required only when a residential service company agrees to pay a license holder for a service provided to or on behalf of the company. The form should indicate which license holders have received or will receive the payment. If a license holder is not receiving a payment from the company, this should be noted as well.