The following terms and phrases, when used in this chapter,
have the following meanings:
(1) Commission--The Texas Real Estate Commission.
(2) Contract forms--Contracts and related addenda,
including notices, amendments, and other documents, used in the sale,
exchange, option, or lease of any interest in real property.
(3) Informational item--A statement that completes
a blank in a contract form, discloses factual information, or provides
instructions.
(4) License holder--A real estate broker or sales agent
licensed under Chapter 1101, Texas Occupations Code.
(5) Mandatory use--Unless an exception applies under
subsection (a) of section 537.11 (relating to Use of Standard Contract
Forms; Unauthorized Practice of Law), use of the contract form is
required by a license holder.
(6) Voluntary use--A license holder may, but is not
required to, use the contract form.
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