The Texas Real Estate Commission at its August meeting proposed form revisions recommended by the Texas Real Estate Broker-Lawyer Committee. The Texas Real Estate Broker-Lawyer Committee an advisory body consisting of six attorneys appointed by the president of the State Bar of Texas, six brokers appointed by TREC, and one public member appointed by the governor. 

The Texas Real Estate Commission met August 8, 2022. The Commission adopted the new Landlord’s Floodplain and Flood Notice (TREC 54-0) form and revisions to the Seller’s Temporary Residential Lease (TREC 15-6) and the Buyer’s Temporary Residential Lease (TREC 16-6) forms, as well as non-substantive rule changes from the agency’s quadrennial rule review. Read on for more takeaways.