RSC-2
PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC)
11-02-2015
DISCLOSURE OF RELATIONSHIP
WITH RESIDENTIAL SERVICE COMPANY
RESIDENTIAL SERVICE CONTRACTS. A residential service contract is a product under which a residential
service company, for a fee, agrees to repair or replace certain equipment or items in a property. Co-payments
typically apply to most service calls. Residential service companies are licensed and regulated by the Texas Real
Estate Commission. The extent of coverage and the cost of coverage will vary. Before buying a residential service
contract, the buyer should read the contract and consider comparing it with the extent of coverage and costs from
several other residential service companies. You may obtain a list of the residential service companies licensed in
Texas at http://www.trec.texas.gov. YOU MAY CHOOSE ANY COMPANY.
for providing the following services: for providing the following services:
The compensation is not contingent upon a party to the real estate transaction purchasing a contract or services
from the residential service company.
The compensation is the fee for the services that Listing Broker or Other Broker, either directly or through an agent,
provides to the company. As required by the Real Estate Settlement Procedures Act and HUD Regulation X, any
fees paid to a settlement services provider are limited to the reasonable value of services actually rendered.
Other Broker’s Name License No. Listing Broker’s Name License No.
By: By:
Buyer
The form of this addendum has been approved by the Texas Real Estate Commission for use only with similarly approved or promulgated forms
or contracts. Such approval relates to this contract form only. TREC forms are intended for use only by trained real estate license holders. No
representation is made as to the legal validity or adequacy of any provision in any specific transactions. It is not intended for complex
transactions. Texas Real Estate Commission, P.O. Box 12188, Austin, TX 78711-2188, (512) 936-3000 (http://www.trec.texas.gov) RSC-2.
SellerBuyer
The undersigned acknowledges receipt of this notice:
Listing Broker/Sales Agent will receive no
compensation from a residential service company.
Listing Broker/Sales Agent receives compensation
from the following residential service company:
Other Broker/Sales Agent receives compensation
from the following residential service company:
Other Broker/Sales Agent will receive no
compensation from a residential service company.
THE PURCHASE OF A RESIDENTIAL SERVICE CONTRACT IS OPTIONAL. The TREC promulgated residential
contract forms contain a paragraph in which the parties may negotiate whether the seller will reimburse the buyer
the cost of a residential service contract. The choice of the residential service company and extent of coverage lies
with the buyer. NEITHER A BROKER/SALES AGENT NOR A SELLER MAY CONDITION THE SALE OF A
PROPERTY ON THE BUYER'S PURCHASE OF A RESIDENTIAL SERVICE CONTRACT.
Seller
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