REC Rules Change the Way the IABS is Completed and Presented The new Information About Brokerage Services (IABS) became effective February 1, 2016. The following will consider each new TREC requirement: (1) IABS Completion and (2) Required Links: Referring to the four blank contact information sections at the bottom of the IABS: “This contact information […]
TAR 2516 – Authorization to Furnish TILA-RESPA Integrated Disclosures. Simply said, without this form the real estate agent cannot receive a copy of the closing statement (CD – Closing Disclosure). Without the TAR 2516 signed we will unable to review the Closing Disclosure prior to closing, discuss the Closing Disclosure with the title or confirm […]
Contracts and offers written for properties that adjoin a lake or a reservoir must include Notice Of Water Fluctuations language in Special Provisions of the contract. This requirement begins on September 1st.
Required Lease Listing Paperwork These forms are most commonly used when taking a residential listing. All of these forms can be found in your ZipForm Plus library of forms. Information About Broker Services (BHGRE IABS) Residential Listing Agreement Exclusive Right To Lease ( TAR-1102) Keybox Authorization by Tenant (TAR-1411) Landlord’s Tenant Selection Criteria (BHGRE-LTSC MLS […]
CLICK HERE to read a short explantation for the CFPB closing rule change taking effect on August 1st, 2015. CLICK HERE to read more about what CFPF is all about, courtesy of ConsumerFinance.gov/KnowBeforeYouOwe