SEO Title: Get the Facts on TREC Consumer Protection Disclosure

Subtitle: Understand What TREC Consumer Protection Disclosure Is and How It Affects You

The Texas Real Estate Commission (TREC) Consumer Protection Disclosure is a document that every real estate licensee must give to customers before providing services. This document outlines the rights and responsibilities of both the licensee and the customer, and includes various rules, regulations, and laws which must be followed by both parties. It is the licensee’s duty to ensure that the customer understands the disclosure and its contents.

The purpose of the TREC Consumer Protection Disclosure is to protect the rights of the customer. It provides information on the licensee’s duties, including the obligation to act in good faith and with care, and to disclose any financial or personal interest the licensee may have in any transaction. It also outlines the customer’s rights and responsibilities, such as the right to inspect any documents related to the transaction and the responsibility to pay any fees or costs associated with the transaction.

The Consumer Protection Disclosure also outlines the process for filing a complaint against a licensee. This includes information on who to contact, how to file a complaint, and what to expect during the process. It is important to note that the licensee cannot be held liable for any damages caused by a customer’s failure to abide by the terms of the Consumer Protection Disclosure.

Finally, it is important to note that any changes made to the Consumer Protection Disclosure must be approved by the TREC before they can be implemented. This ensures that the customer is aware of any changes made and that their rights and responsibilities remain protected.

It is essential that all customers understand the TREC Consumer Protection Disclosure and the rights and responsibilities outlined in it. By doing so, customers can make informed decisions and protect their interests when engaging in real estate transactions.