Which types of contracts does TREC have promulgated sales forms for?

The correct choice focuses on the promulgated sales forms provided by the Texas Real Estate Commission (TREC). TREC has specifically developed standardized forms for residential transactions, which encompass the sale of homes and condominiums. These forms are designed to streamline the process, ensuring that all necessary information is covered and that both parties are protected under Texas law.

The forms for homes and condos include details pertinent to the purchase process, such as disclosures, contingencies, and obligations of the parties involved. This helps real estate practitioners and their clients navigate residential transactions with clarity and legal compliance.

In contrast, options like lease purchase, right of first refusal, and lease option relate to specific situations that may not have standardized forms developed by TREC for broader use in real estate transactions. These subjects might be addressed in different contexts but do not have the same level of standardized documentation as the sale of homes and condos, which is a primary focus of TREC’s efforts to facilitate real estate transactions in Texas.