Texas Occupations Code 1101.254 – Powers and Duties
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(a) In addition to other delegated powers and duties, the committee shall draft and revise contract forms that are capable of being standardized to expedite real estate transactions and minimize controversy.
(b) The contract forms must contain safeguards adequate to protect the principals in the transaction.
Terms Used In Texas Occupations Code 1101.254
- Contract: A legal written agreement that becomes binding when signed.