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Trec 20-7 Form: What You Should Know

The contract is a contract for (name of property owner/tenant), Tenant, and Renter and a written copy provided by the Contractor. The date of final acceptance of the agreement must not occur earlier than the date of the closing of the transaction and the Contractor must furnish the Contractor a signed and dated check, payable to the Contractor, for the amount due with the receipt or other documentation. If the contract is executed by a non-profit entity, the transaction shall be deemed approved at the discretion of the board of directors of the non-profit entity who shall not require a majority of shares of the non-profit entity to be represented in the transaction. The contract is executed by the contracting party. Trees are rented by a Contractor for a period not exceeding 60 days. A separate lease agreement signed by the Contractor and a tenant shall be executed at the time of the initial sign-writing of the contract. Upon the return of the Tenant from a trip, the tenant shall be responsible for paying the rental charges to this contract. If the contract is signed in accordance with the provisions of the Residential Leasing Act of 1991, the contract is intended to last as long as the property or lease is occupied or the term of the lease, whichever is longer. The term of this contract is at least the least of one year nor greater than 10 years. If the Contractor's agreement to the Contract is altered, the Contractor shall submit a copy of such amended agreement to the Secretary of State's office within 10 days after such alteration is effected, and such amended agreement shall be signed by the Contractor and any changes shall be made in accordance with the Residential Leasing Act. No assignment, sublease or license agreement shall be executed unless a copy of such agreement is attached or designated by the party to such agreement, such party being the parties to the assignment, sublease or license agreement. TREE 20-7 Fill In PDF — filler This contract form is intended to be used by a real estate broker who is responsible for making an offer in the form of a written and complete contract to the Contractor and Contractor's agent or other third parties for the sale of residential real property. The offer must conform with the Residential Leasing Act of 1991.

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