A commercial forms task force recently proposed updated and new forms to better serve Texas REALTORS® and their clients. After feedback from members like you, the below revised and new forms have been adopted:
New forms
Commercial Contract Condominium Addendum (Incomplete Construction) (1946)
Commercial Request for Evaluation Materials and Confidentiality Agreement (1947)
Commercial Sublease Guaranty (2124)
Commercial Lease Special Provisions Addendum (2125)
Revised forms
Commercial Property Condition Statement (1408)
Commercial Contract – Improved Property (1801)
Commercial Contract – Unimproved Property (1802)
Commercial Letter of Intent to Purchase (1803)
Commercial Contract Condominium Addendum (1930)
Commercial Contract Amendment (1932)
Commercial Contract Special Provisions Addendum (1940)
Commercial Lease Construction Addendum – Landlord to Complete Construction (2111)
Commercial Lease Construction Addendum –Tenant to Complete Construction (2112)
Commercial Lease Application (2120)
These new and revised forms are available on ebasd.com and will be available in zipForm on April 1.
Seven other forms and addenda related to leases are still being considered by the task force and may be available later in the year.
You can view redlines of the forms changes on ebasd.com.
As a member of the original commercial forms group many many moons ago, I am Texas REALTOR proud to see the evolution of our commercial forms. One of our original challenges was to craft forms that would be just as useable in Comanche as Houston. Over years of use by REALTORS around the state improvements are made every few years to improve the forms. It is important, if you are a user of our commercial forms to let us know how they are working for you. Please note that if a form mentions elevators and you live in Zephyr let… Read more »