New Residential Condominium Contract (Completed Construction)
Plain-English form education, related documents, and how the pieces connect.
What this form is for
Designed for sales of newly constructed condominiums when construction is complete. May also be used for sales of new condominiums constructed as conversion buildings (when the prior use of the building was not for condominiums). Not to be used where buyer receives sole ownership of land beneath the unit (e.g., townhomes). Appropriate addenda may be attached. TREC, by policy, considers “new” to mean that the property has never been occupied. After initial occupancy by a homeowner or tenant the property is considered a resale. Not to be used for transactions known as “contracts for deed,” “wraps,” or “lease purchases.”
Key sections and how to complete the form
Use the form in order. The sections below explain the main decisions, blanks, disclosures, or deadlines the form is designed to address. Complete the actual form from the transaction facts and the instructions printed on the current version.
Purpose and parties
Confirm who uses the form and what transaction or brokerage purpose it serves.
Complete the information requested by the form
Use the actual transaction facts and supporting records. Do not guess at information the form requires.
Signatures, delivery, and file copy
Complete required signatures/dates and keep evidence of delivery or receipt when the form functions as a notice or disclosure.
Related forms and resources
These documents may connect to this form depending on the property, financing, occupancy, disclosure requirements, or other facts of the transaction. Open the related resource to see what it does and how it is completed.
No additional form relationship is stated in the supplied reference material for this resource. Use the form description and your broker’s file requirements to determine whether anything else is needed.
This is an educational guide. Access the current TXR form through your authorized Texas REALTORS® forms provider or brokerage forms system.
Need further assistance?
For transaction-specific questions, contact your broker or Broker Rochelle Fitzgerald at Fitz & Co. Real Estate.
For educational purposes only. Agents should verify current forms and consult with their broker when needed.