New TREC Contract Changes

New TREC contract changes were recently announced that will go into effect on APRIL 1st 2021*.  This video with Republic Title’s Janet Allen and Scott Rooker covers changes including:

  • Changes to receipting of option fee
  • Additional definitions in contract including terms around smart home technology
  • New addendums including new addendum for fixtures

*Please note: changes were made to the effective date by TREC after the filming of this video.*

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