Disclosure

TXR 2503 — Consumer Protection Notice

The Consumer Protection Notice (CN 1-5) is a mandatory disclosure from the Texas Real Estate Commission (TREC) that informs consumers about TREC's role as the regulatory body for real estate license holders in Texas. It advises consumers that they can check the status of any license holder at www.tr

Source: TXR
Form Number: 2503
Category: Disclosure
Revised: January 1, 2025

Used For

Residential Sales, RESIDENTIAL_LEASING, Commercial Sales, Farm & Ranch, Vacant Land

Form Outline

The TXR 2503 form is organized into the following sections:

  1. TREC Regulatory Authority
    Identifies TREC as the regulatory body responsible for licensing and overseeing real estate brokers, sales agents, inspectors, easement/right-of-way agents, and timeshare interest providers in Texas.
  2. License Verification
    Informs consumers that they can verify the license status of any real estate professional at the TREC website (www.trec.texas.gov).
  3. Complaint Process
    Advises consumers of their right to file complaints against license holders with TREC and that complaint forms are available online at www.trec.texas.gov.
  4. Real Estate Recovery Trust Account
    Informs consumers about the Real Estate Recovery Trust Account, a fund administered by TREC that can compensate consumers who have obtained civil court judgments against licensed brokers, sales agents, or easement/right-of-way agents, subject to certain conditions.
  5. Real Estate Inspector Requirements
    Informs consumers that real estate inspectors must carry E&O insurance for negligent inspections, and warns that inspectors may limit their liability through contractual provisions. Advises consumers to read inspection contracts carefully and consult an attorney if needed.
  6. TREC Contact Information
    Provides TREC's mailing address and phone number for consumers who have questions about license holder activities, the complaint process, or the Recovery Trust Account.

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