In the One to Four Family Residential Contract (Resale), there is a line for the contact information of whom?

Enhance your understanding of Texas real estate law with the Texas Legal Update I Test. Study with multiple choice questions, each with explanations, and prepare for success on your exam!

In the One to Four Family Residential Contract (Resale), the line for contact information is designated for the buyer's and/or seller's agent. This inclusion is essential because it facilitates direct communication between the parties involved in the transaction. The agents act as intermediaries who can relay important information, deal with negotiations, and address any questions that arise during the sale process. Having their contact information readily available ensures that both the buyer and seller can efficiently navigate the transaction with the support of their respective real estate professionals.

The other options, while important in the real estate process, do not fulfill the same direct communicative role outlined in the contract. For instance, the title company, home inspector, and mortgage lender perform crucial functions in the transaction, but their contact details are not primarily needed for communication within the framework of this specific contract between the buyer and seller through their agents.

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