Commercial Webinar Series1 hour presentation

Commercial FormsRecent Changes & New Forms

presented by

Rick Albers

Questions will be answered at the end.

For technical questions call 800-263-6317.

Commercial Webinar Series

Commercial FormsRecent Changes & New Forms

Presented by

Rick Albers Kuperman Orr & Albers, P.C.1501 S. MoPac, Suite 325

Austin, Texas 78746ralbers@koalaw.com

April 23, 2014

Topics

• Recent Commercial Form Revisions

• New Commercial Forms

• How to Obtain the Forms

TREC vs TAR

• TREC –Texas Real Estate Commission – licensing agency (governmental)

• TAR – Texas Association of Realtors – – professional trade organization

• provides services to it members• attempts to influence TREC’s rules and

regulations

4

TAR Forms

97 Commercial forms

43 forms exclusively for Commercial use

54 additional forms used for Commercial (along with Residential and/or Farm & Ranch)

13 Revised + 6 New FormsEffective April 1, 2014

Commercial Contracts

3 Revised Forms + 2 New Forms

Commercial Listing Agreements

5 Revised Forms + 2 New Forms

Commercial Lease Forms

4 Revised Forms + 1 New Form

Commercial Property Management Forms

1 Revised Form + 1 New Form

REVISED FORMS

Commercial Contracts• Improved Property (TAR 1801)

• Unimproved Property (TAR 1802)

• Commercial Contract Critical Date List (TAR 1942)

REVISED FORMS

Commercial Listing Agreements• Exclusive Right to Sell (TAR 1301)

• Exclusive Right to Lease (TAR 1302)

• Exclusive Right to Sublease (TAR 1303)

• Commercial Property Condition Statement (TAR 1408)

• Commercial Buyer/Tenant Representation Agreement (TAR 1502)

REVISED FORMS

Commercial Lease Forms• Commercial Lease (TAR 2101)

• Commercial Sublease (TAR 2116)

• Lease Addendum for Broker’s Fee (TAR 2102)

• Sublease Addendum for Broker’s Fee (TAR 2118)

REVISED FORMS

Commercial Property Management Forms• Commercial Property Management

Agreement (TAR 2202)

NEW FORMS

Commercial Contracts• Commercial Letter of Intent to Purchase

(TAR 1803) • Commercial Contract Assignment of

Buyer's Interest (TAR 1943)

NEW FORMS

Commercial Listing Agreements• Commercial Registration Agreement

with Owner (TAR 2401)

• Commercial Registration Agreement between Brokers (TAR 2402)

NEW FORMS

Commercial Lease Forms• Commercial Letter of Intent to Lease

(TAR 2122)

NEW FORMS

Commercial Property Management Forms• Commercial Amendment to Property

Management Agreement (TAR 2203)

FORM ACCESS

• Obtain access to Forms through

TAR Website:

www.TexasRealtors.com www.TexasRealEstate.com

16

17

18

FORM ACCESS

• Download PDF files

• Access thru zipForms

– zipForm 6 Professional vs. zipForm Plus

– Archive files before 14 months of inactivity

Questions ?• NOW –

Type your questions now.

• LATER –

TAR Legal Hotline 512-480-8200

Rick Albersralbers@koalaw.com

Conclusion

• Thanks for your participation in the TAR Commercial webinars!

• Next Webinar:May 28, 2014Transmission Lines and Pipelines: Routing, Condemnation and Easements

• Give us your feedback!